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Showing 951 - 960 of 2448 results for "Claims"

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 ...

Life insurers cautious about My Health Record

HARRISON WORLEY  |  MONDAY, 30 JUL 2018
... processing, leading to faster outcomes for customers. TAL agreed access to My Health Record could enhance underwriting and claims processes, but stressed the decision to share data from My Health Record would lie with the customer. "At a high level ...

FSC aggregates insurance industry data

KANIKA SOOD  |  THURSDAY, 26 JUL 2018
... first time, armed with a large scale base of reliable statistics, the industry will be able to show how much it pays in claims per impairment, broken down by dollar value and by the number of Australians that receive the benefit," Loane said. The data ...

Centrepoint Alliance bolsters distribution team

HARRISON WORLEY  |  THURSDAY, 26 JUL 2018
... and his experience on board," Cargakis said. The appointment follows Centrepoint flagging an increase in advice litigated claims was on the horizon for subsidiary Professional Investment Services (PIS), with the amount set to be $2 million more than ...

Member takes $50 billion industry fund to court

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
... climate change risk and preventative actions. Mark McVeigh, a 23-year-old Rest member, is taking the fund to court over claims he is having trouble finding out what is being done to protect his retirement savings. The basis of McVeigh's argument is the ...

Socio-economics dictate insurance needs of young Aussies: Insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 JUL 2018
... is based off of TAL's own experience in the 2016/17 financial year, paying out about $650 million in life and disability claims to members with account balances lower than $6000. "There should also be no minimum superannuation account balance requirement ...

MetLife names chief operating officer

KARREN VERGARA  |  WEDNESDAY, 18 JUL 2018
... transformation as well as his leadership skills will be a major contribution to MetLife's efforts to reimagine the future of claims and underwriting. Deanne Stewart announced in May she will leave MetLife after four years at the helm. She will succeed ...

Chief economist update: The Goldilocks rate of interest

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2018
... again, the Taylor Rule is not completely fool-proof and has come critics. As per Wikipedia: "Athanasios Orphanides (2003) claims that the Taylor rule can misguide policy makers since they face real-time data. He shows that the Taylor rule matches the ...