Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 21 results for "CCC"

Life insurer sanctioned for invalid access to customer information

MATTHEW WAI  |  TUESDAY, 3 MAR 2026
The Life Insurance Code Compliance Committee (Life CCC) has sanctioned a life insurer for collecting customers' medical information without valid medical authority for four years. According to the committee, the unnamed insurer collected medical information ...

Feature: Group insurance | Cold comfort

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... guideline that sets out what constitutes a 'blanket mental health exclusion', the Life Code Compliance Committee (Life CCC) generally considers a blanket exclusion to be a broad, automatic application to all policyholders regardless of their ...

Insurers design framework for dealing with mental health claims

MATTHEW WAI  |  MONDAY, 13 OCT 2025
... fastest-growing cause of life insurance claims, particularly impacting younger Australians. The Life Code Compliance Committee (Life CCC) recently admonished many life insurers for continuing to apply blanket mental health exclusions despite being required ...

Insurers' approaches reinforcing mental health stigma: Life CCC

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
The Life Insurance Code Compliance Committee (Life CCC) has found many insurers are still using blanket mental health exclusions despite being required to assess customers' individual circumstances. Releasing its report on life insurers' compliance ...

Capital markets spearhead next recession: CIO

KARREN VERGARA  |  FRIDAY, 3 MAR 2023
... do not understand the high levels of risk borne by private equity, which is underpinned by investments in junk bonds with CCC ratings, she said. This equates to being overleveraged by 5-7x net debt over earnings before interest, depreciation and amortisation ...

MSCI downgrades Russia's ESG rating

JAMIE WILLIAMSON  |  WEDNESDAY, 2 MAR 2022
... management of ESG risk factors may affect the long-term sustainability and competitiveness of its economy, ranging from AAA to CCC. MSCI's ratings methodology applies a 50% weight for governance, 25% for social, and 25% for environmental. MSCI said it ...

CalPERS investment lead targeted by Congressman

HARRISON WORLEY  |  FRIDAY, 14 FEB 2020
A US congressman has called for the chief investment officer of America's largest pension fund to be fired. In a series of tweets and interviews, Indiana Congressman Jim Banks has urged for the sacking of CalPERS chief investment officer Yu Ben Meng ...

Pension funds feel the heat on climate change

JAMIE WILLIAMSON  |  THURSDAY, 13 SEP 2018
... AustralianSuper also placed in the top 20, taking out 18th spot with a BB-rating. Further down the list, UniSuper received a CCC-rating and placed 31st, while the Future Fund ranked 41st with a D-rating. Ranking 52nd, Rest also received a D-rating with ...

Three Aus funds awarded AAA climate rating

KERRIE SYDEE  |  MONDAY, 2 MAY 2016
... The largest increase was in asset owners still developing their climate risk strategy, with a 52% rise in those rated C to CCC from 27 to 41. Chief executive of The Climate Institute John Connor said that it was encouraging to see the number of Australian ...

Breaking the bad in the eurozone

BENJAMIN ONG  |  TUESDAY, 21 MAY 2013
... before. Not only that, the country that started it all has just recently earned an upgrade on its credit rating - to B- from CCC -- from Fitch because of the "clear progress" Greece has made in rebalancing its economy, and reducing its fiscal and current ...
PAGE:
1
PREVIOUS
NEXT