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Showing 921 - 930 of 2425 results for "Claims"

Life insurers take the Royal Commission stand

HARRISON WORLEY  |  TUESDAY, 28 AUG 2018
... hearings will consider issues associated with the sale and design of life insurance products, in addition to the handling of claims under life insurance and general insurance policies. The administration of life insurance by superannuation trustees will ...

Blue Sky offloads six funds

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
... stead, Blue Sky Real Assets head Kim Morison has been appointed interim managing director. Glaucus argued while Blue Sky claims to have achieved a 15% internal rate of return net of fees since inception, driving its market capitalisation to about $1 ...

Centrepoint: New leadership, new look

JAMIE WILLIAMSON  |  THURSDAY, 23 AUG 2018
... a growth in EBITDA of 4% to $5.5 million, this was offset by a net loss after tax of $6.3 million - a result of legacy claims, restructure costs and the Royal Commission. Centrepoint said there is a high likelihood it will be further impacted by the ...

Discriminatory bank regulation hits super savings

JAMIE WILLIAMSON  |  WEDNESDAY, 22 AUG 2018
... fund members as unstable, the research said. Meanwhile, retail deposits like those from SMSFs are covered by the Financial Claims Scheme (FCS) and thereby treated as stable. This is further compounded by the Net Stable Funding Ratio and the Major Bank ...

TAL partners with mental health NFP

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... This year, a partnership with Remedy Healthcare offered free life coaching services to TAL customers on income protection claims associated with depression or anxiety. TAL Group chief executive and managing director Brett Clark said the partnership brings ...

Foreign owners take over life insurance: KPMG

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... implemented, KPMG warned. The profitability of products such as TPD, trauma and disability income, continue to be an issue. Claims management initiatives alone are unlikely to be sufficient to restore these products to stable, long-term profitability. ...

Suncorp suppressed tax benefits to super members

KARREN VERGARA  |  TUESDAY, 14 AUG 2018
... appearing before the Royal Commission, Suncorp was asked to explain how it calculates its fees. Suncorp has since removed claims on its website that it charges some of the lowest fees in the industry. Pinto said this was removed so as to realign the ...

Chief economist update: Emerging markets feel the heat as Turkey burns

BENJAMIN ONG  |  TUESDAY, 14 AUG 2018
... pre-tax profit. In a worst case scenario, the banking group would lose 1.7% of its net book value, they say." However, BNP claims that the bank's exposure to Turkey accounts for only 2% of BNP's loans. Britain's HSBC operates HSBC Turkey. ...

Royal Commission work impeded: Hayne

DARREN SNYDER  |  THURSDAY, 2 AUG 2018
... files down to an export function error in IOOF's software. A further delay occurred as the documents were reviewed for claims of legal professional privilege. Questor's solicitors produced the documents at 9.48pm on July 22, and said that it would produce ...

Group insurers pressed for resources

KANIKA SOOD  |  MONDAY, 30 JUL 2018
... of reinsurance and regulatory affairs James Carey said the scrutiny is touching all elements of the business including claims, underwriting, distribution and product and pricing. Group insurers must also rework marketing, customer experience and digital ...