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Showing 81 - 90 of 1939 results for %22Insurance Australia Group%22

Link to offer Allianz Retire+ solution to super funds

CHLOE WALKER  |  WEDNESDAY, 26 APR 2023
... and tailored experiences for members as they near or enter retirement," she said. Meanwhile, Allianz Australia life insurance chief executive Adrian Stewart said the deal would enable better outcomes for members and super funds by offering flexible solutions ...

Superannuation changes limit tax benefits for top earners: ASFA

ANDREW MCKEAN  |  FRIDAY, 21 APR 2023
... retrospective tax on existing assets, potentially impacting financial planning strategies for those nearing or in retirement. Insurance through super Apart from the proposed superannuation changes, the ASFA report highlighted that insurance delivered ...

TAL, AIA dominate group life market

ANDREW MCKEAN  |  WEDNESDAY, 19 APR 2023
According to the latest data on life insurance claims and disputes from APRA and ASIC, TAL is the largest player in the group insurance sector in Australia. TAL leads the life insurance market, boasting a 40.4% market share, insuring 3.9 million lives ...

Super fund selection driven by fees: SCA

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
... a "good" super fund. Additionally, the survey revealed that 19% of individuals with super were uncertain about their insurance status. Even among those aware of their insurance, only half knew their coverage (51%) and costs (54%). Full-time workers were ...

Jones releases Your Future, Your Super review outcomes

KARREN VERGARA  |  TUESDAY, 4 APR 2023
... disengagement. They also lack information on the difference between MySuper and choice products, the impact of switching on insurance coverage, and prospective mergers.

APRA investigates NobleOak capital adequacy breach

KARREN VERGARA  |  FRIDAY, 31 MAR 2023
... related exposures exceed certain limits. APRA has noticed the increased use of offshore reinsurance by Australian life insurance companies and moved to tighten LPS 117 to ensure that risks associated are appropriately managed. "The updated LPS 117 addresses ...

AustralianSuper to decrease premiums

JAMIE WILLIAMSON  |  MONDAY, 27 MAR 2023
... five years and up to age 65, AustralianSuper said. The fund is also updating some of the terms and conditions of its insurance cover, namely to when cover stops and standard exclusions. Currently, cover automatically ceases when a person enters the defence ...

Regulators prioritise emerging areas of risk

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... over requests to make sure you know it is a valid request." Press explained a major ASIC update is the release of its insurance in superannuation: Industry progress on delivering better outcomes for members report, which came out today. Press said the ...

Rising interest rates tank life insurer performance

KARREN VERGARA  |  WEDNESDAY, 15 MAR 2023
While Australia's life insurance industry grew steadily in the last year to $17.9 billion, its profits copped a beating from rising interest rates. Plan For Life's latest research shows that inflows rose by 3.4% in the year to September 2022. TAL continues ...

FPA voices concern on proposed CSLR, FAR laws

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... managers of the entities resorting to the scheme. "We are also keen for the overdue review of professional indemnity insurance to be commenced. A properly functioning PI sector would substantially reduce the calls on a CSLR." The FPA also took issue ...