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Showing 81 - 90 of 100+ results for "AIA"

PYSP puts SMSFs at risk

HARRISON WORLEY  |  THURSDAY, 6 JUN 2019
... warnings come as life insurers warn the public at large to check they won't be left without life cover after July 1. This week AIA launched a campaign advising Australians of the potential impact of the changes, amid fears many are unaware of their existence. ...

MLC Life wins group insurance mandate

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2019
MLC Life Insurance has won a group insurance mandate from a $6 billion superannuation fund. It will replace AIA Australia. Maritime Super members will be covered for death, TPD and income protection insurance under a new agreement with MLC Life that's ...

Super fund names new life insurer

KARREN VERGARA  |  MONDAY, 13 MAY 2019
... members when they need us most." TAL recently won a group insurance mandate from $51 billion superannuation fund Rest, replacing AIA Australia. The former Queensland local government employee super fund provider opened its doors to the public in June ...

Industry fund awards group insurance mandate

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
A $51 billion superannuation fund has awarded a group insurance mandate to TAL, ending a 15-year relationship with AIA Australia. Rest entered a Memorandum of Understanding with TAL to provide life insurance from 1 December 2019. TAL will replace AIA ...

Swiss Re to manage Freedom remediation

KANIKA SOOD  |  TUESDAY, 30 APR 2019
... settlement consideration of $5 million when its policy admin services transition is complete. Under the agreement, Swiss Re, AIA Australia and NobleOak will end Freedom's product development and distribution, and its policy administration agreements. ...

Group risk inflows slow at CommInsure, AMP

KANIKA SOOD  |  MONDAY, 15 APR 2019
... to 5.8% in the segment. AMP followed with a decline of 30.6%, reducing its market share from 6.1% the year before to 4.1%. AIA Australia and MetLife Insurance made the biggest gains in group risk premium inflows, recording 20.6% and 13% annual growth. ...

Regulators name laggard life insurance providers

KARREN VERGARA  |  MONDAY, 1 APR 2019
... AMP (eight months) and Westpac (three months) take the longest to process death claims within group insurance, while TAL and AIA Australia are the most efficient (four weeks each), according to the ASIC and APRA analysis. As for TPD claims in group insurance ...

AIA Australia adds innovation lead

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
AIA Australia has announced the appointment of a new head of innovation, joining from HESTA. Kelly Smith will join AIA to oversee the development and implementation of innovation capability and culture across Australia and New Zealand. Smith has over ...

TAL goes back-to-back at AFA awards

HARRISON WORLEY  |  MONDAY, 18 MAR 2019
... Sydney recently. The life insurer took home the top gong as Platinum Winner of the AFA Life Company of the Year Award, beating AIA, OnePath Life and Zurich to the prize. The awards recognised the life insurance sector for its contribution to the advice ...

Life risk commissions must also go: Hayne

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... TAL $840 million, Westpac $697 million (plus $158 million in grandfathered commissions on life insurance in super products), AIA paid $690 million, CommInsure paid $460 million, AMP paid $380 million and Zurich paid $113 million. Opposition to abolishing ...