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Showing 81 - 90 of 289 results for "General insurance"

Board changes at Crestone

KARREN VERGARA  |  TUESDAY, 17 OCT 2017
... audit and risk committee, and has served on the board of law firm Freehills and Commonwealth Bank's life and general insurance companies. Chief operating officer Michelle Inns will step down as a director following Crestone's annual general meeting in ...

ANZ splits OnePath businesses, revamps life insurance team

KARREN VERGARA  |  TUESDAY, 17 OCT 2017
... products issued by OnePath. ANZ will retain OnePath's life insurance with in-force premiums of $1.6 billion, and general insurance with in-force premiums of $226 million; life company products which include group and individual insurance; ANZ Financial ...

Life insurance complaints down: FOS

JAMIE WILLIAMSON  |  FRIDAY, 6 OCT 2017
... being claim denial (26%). The remainder of disputes handled by FOS between 2016-2017 were credit disputes (43%), general insurance disputes (35%), deposit-taking disputes (7%), and payment system disputes (5%). Overall, FOS received a record number of ...

ASIC adds life insurance to school curriculums

KARREN VERGARA AND JAMIE WILLIAMSON  |  THURSDAY, 28 SEP 2017
... Parliamentary Joint Committee on Corporations and Financial Services. There tends to be a focus on educating students on general insurance products such as car insurance, but there is scope to include life insurance - an area that needs greater focus ...

AIA acquires CBA life insurance businesses

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2017
... income on the distribution of life and health insurance products. The sale and partnership does not encompass general insurance, meaning the CommInsure brand will be retained by CBA. Commenting on the transaction, CBA chief executive Ian Narev said ...

Westpac chair joins boutique manager board

KARREN VERGARA  |  MONDAY, 18 SEP 2017
... organisation CARE Australia. He is also the chair of Westpac Life Insurance Services, St George Life, Westpac General Insurance and Westpac Lenders Mortgage Insurance Services. Griffiths' 30 year of financial services experience include serving in non-executive ...

ANZ foots compensation bill

KARREN VERGARA  |  FRIDAY, 11 AUG 2017
... timeframe. ASIC said its independent review of OnePath's compliance functions, which sought to address life and general insurance, superannuation, and funds management activities is now finalised. The total $10.5 million compensation ANZ will pay is ...

Technology and mergers threaten insurers

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2017
... conducted by financial services technology provider TAS, which canvassed 50 leaders from the life, medical and general insurance sector. Incumbents are facing the pressures of innovation, expressing uncertainty about how to best do this, particularly ...

FoFA should also protect retail banking customers: FSU

KARREN VERGARA  |  THURSDAY, 29 JUN 2017
... should a customer seeking advice from their bank or insurer about a home loan, credit card, personal loan or general insurance product not have the same ethical underpinning?" she said. Angrisano gave the example of one NAB branch employee who described ...

Reporting overhaul to hit insurer profits

KARREN VERGARA  |  MONDAY, 22 MAY 2017
... EY global insurance finance, risk and actuarial leader Martin Bradley. While the new standards apply across general insurance, health and reinsurance products, insurers providing long-term life insurance contracts will be most affected, Bradley said. ...