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Showing 81 - 90 of 1077 results for %22Insurers%22

AFCA secures $900m in compensation

CASSANDRA BALDINI  |  MONDAY, 21 NOV 2022
... than 300,000 disputes, an average of 200 complaints per day, over the past four years. AFCA explained banks, general insurers, credit providers, super fund trustees and or advisers as well as underwriting agencies generate the most complaints. The one-stop-shop ...

ANZ to pay $42m in insurance lawsuit

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
... OnePath Life, OnePath General Insurance, and QBE Insurance in 2020. A spokesperson from the law firm confirmed ANZ and its insurers will pay $42 million while QBE Insurance will pay $5 million. The bank's contribution is covered by a provision held ...

TAL launches Professional Year platform

CHLOE WALKER  |  WEDNESDAY, 9 NOV 2022
... and also helping more advisers join the industry." The news comes after TAL's backing of The Council of Australian Life Insurers (CALI), which now represents 99% of the life insurance industry and 100% of the reinsurance industry in Australia.

CALI backed by industry

CASSANDRA BALDINI  |  MONDAY, 7 NOV 2022
The Council of Australian Life Insurers (CALI) has been backed by the industry with 19 life insurers and reinsurers joining its membership. CALI's membership now represents 99% of the life insurance industry and 100% of the reinsurance industry in Australia. ...

Aviva Investors appoints head of APAC

CHLOE WALKER  |  WEDNESDAY, 2 NOV 2022
... exceptional leadership skills and strong relationships with major Asian institutions, including SWFs, pension funds, insurers and GFIs." "His wealth of experience and expertise will be invaluable in this critical role given the significance, scale and ...

APRA reinforces capital call expectations

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
New APRA chair John Lonsdale wrote to banks and general and life insurers to remind them of the prudential requirements for additional Tier 1 and Tier 2 capital instruments. "With global credit spreads widening significantly over the past 12 months ...

FSC adds to Life Insurance Code of Practice

CHLOE WALKER  |  TUESDAY, 25 OCT 2022
... cover and were developed with consumer advocates. Specifically, from July next year, the new Life Code will require life insurers to develop and publish their policy on supporting people experiencing family and domestic violence. The FSC said that in ...

First Sentier hires to new ESG role

RACHEL ALEMBAKIS  |  TUESDAY, 11 OCT 2022
... was associate director, financials on the firm's on the institutional desk, advising large institutions on banks, insurers and diversified financials. Prior to this, she was a senior analyst with Ownership Matters, a corporate governance advisory ...

Financial stability risks escalate: RBA

ANDREW MCKEAN  |  MONDAY, 10 OCT 2022
... Australia's financial system "resilient" and well positioned to support the economy through a more challenging period. "Insurers' capital levels remain well above regulatory minimums, despite a recent decline in profits as higher interest rates have ...

CALI names chief executive

CASSANDRA BALDINI  |  TUESDAY, 4 OCT 2022
The Council of Australian Life Insurers (CALI) has named Christine Cupitt as its inaugural chief executive. Cupitt, who will commence the role next January, joins after eight years at the Australian Banking Association (ABA) where she held various roles ...