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Showing 981 - 990 of 2274 results for "Premium"

TAL maintains life insurance market lead

KARREN VERGARA  |  TUESDAY, 17 OCT 2017
... premiums as a result of acquiring Macquarie's life business. Individual risk lump sum, which comprises about 44% of risk premium inflows, stood at $7 billion, followed by group risk at $6.3 billion and individual risk income at $2.7 billion. Overall ...

ANZ splits OnePath businesses, revamps life insurance team

KARREN VERGARA  |  TUESDAY, 17 OCT 2017
ANZ will divest OnePath's pension and investments and four aligned dealer groups to IOOF Holdings for $975 million; and it announced several senior internal appointments in retaining its life insurance business. IOOF has agreed to take over ANZ Wealth ...

Westpac faces class action over life insurance

KARREN VERGARA  |  MONDAY, 16 OCT 2017
... who may have conditions such as high cholesterol or blood pressure and who would otherwise find themselves with a higher premium if they tried to purchase it through an independent adviser. "As a result some customers will pay substantially less, and ...

MLC Life enriches health and wellbeing program

JAMIE WILLIAMSON  |  MONDAY, 16 OCT 2017
MLC Life Insurance is offering discounted premiums to customers that take at least 37,500 steps each week. As part of an enhancement to its MLC On Track program, MLC Life is offering 5% off premiums for new customers for the first 12 months when they ...

Intrust offers more premium reductions

KARREN VERGARA  |  THURSDAY, 12 OCT 2017
Intrust Super will also reduce life and total disability insurance premiums shortly after it dropped income protection premiums by as much as 12%. The discount will impact the fund's life and TPD premiums across three products: Core MySuper, Executive ...

MLC fixes premiums for 12 months

KARREN VERGARA  |  TUESDAY, 10 OCT 2017
MLC Life Insurance's base premium rates for retail life insurance policies will remain on hold until October next year. This affects MLC Insurance, MLC Insurance Super, Protectionfirst, Personal Protection Portfolio and Life Cover Super retail customers. ...

To opt in or out of life insurance: Spot poll

KARREN VERGARA  |  TUESDAY, 3 OCT 2017
There are mixed feelings about whether young superannuation fund members should opt in to life insurance, the latest Financial Standard poll reveals. Twenty-nine per cent of respondents disagree that young super fund members should have the choice to ...

Hiking life premiums is short-term thinking: ANZ Wealth

KARREN VERGARA  |  THURSDAY, 21 SEP 2017
... Coupled with rising mental health claims and a low-return environment, there have been reduced investment returns on the premium pool, and hence it has pushed premiums up, the report said. The solution lies in creating more targeted and clearly differentiated ...

AustralianSuper moves to opt-in insurance

EMMA RAPAPORT  |  MONDAY, 18 SEP 2017
AustralianSuper has become the first major superannuation fund to make insurance opt-in for younger members in a bid to stop account erosion. Members of the industry fund who are under 25 when they join up will now be asked to "opt-in" to insurance ...

The risk of under-insurance is real: ASFA

EMMA RAPAPORT  |  FRIDAY, 15 SEP 2017
Ignore the noise, the benefits of insurance in super far outweigh the negatives for claims recipients and the budget bottom line alike, the Association of Superannuation Funds of Australia believes. In a report released by the association today, director ...