Search ResultsShowing 1 - 10 of 11 results for "Colonial Mutual Life Assurance Society"
CommInsure cops $700k hawking fine
HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
CommInsure has been fined $700,000 after pleading guilty to hawking offences. The Colonial Mutual Life Assurance Society - a Commonwealth Bank subsidiary trading as CommInsure - has been convicted of 87 counts of offering to sell insurance products ...
CommInsure enters guilty plea
ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
CommInsure has pleaded guilty to 87 hawking offences. ASIC announced that Colonial Mutual Life Assurance Society, trading as CommInsure, has entered a guilty plea for 87 counts of offering to sell insurance products in the course of unlawful, unsolicited ...
CBA finalises CommInsure sale
ELIZA BAVIN  |  FRIDAY, 1 NOV 2019
... will "obtain an appropriate level of direct management and oversight" of the business. Colonial Mutual Life Assurance Society, the key life insurance entity of CommInsure Life, has also implemented reinsurance arrangements that are expected to result ...
Equity Trustees wins Colonial mandate
KANIKA SOOD  |  FRIDAY, 4 OCT 2019
... has cracked $100 billion in funds under supervision, after striking an agreement with Colonial Mutual Life Assurance Society effective October 1. Equity Trustees Limited is taking over as the trustee of $10.5 billion of CMLA's assets. Another subsidiary ...
CommInsure charged over hawking
HARRISON WORLEY  |  FRIDAY, 4 OCT 2019
... did point out it ceased telephone sales of Simple Life insurance products issued by the Colonial Mutual Life Assurance Society (CMLA) - which trades as CommInsure - at the end of 2014. "These matters had been the subject of an investigation by the Australian ...
CommInsure sale stalls, sold for discount
KARREN VERGARA  |  FRIDAY, 23 AUG 2019
... AIA. Also as part of the revised agreement, CommInsure Life's main life insurance entity Colonial Mutual Life Assurance Society (CMLA) plans to enter into a reinsurance arrangement with a global reinsurer. CBA expects to receive a distribution from CMLA ...
CommInsure cleared of systemic problems
JAMIE WILLIAMSON  |  WEDNESDAY, 1 MAR 2017
... Deloitte reviewed 797 declined claims, identifying 41 that were referred to the board of the Colonial Mutual Life Assurance Society (CMLA) for reassessment. Of those 41 claims, eight demonstrated customer financial impact, 12 showed the decision to decline ...
BTIM appoints Investa chair to board
MARK SMITH  |  MONDAY, 7 APR 2014
... Management and is a non-executive director of Service Stream, Australian Renewable Fuels, The Colonial Mutual Life Assurance Society and Commonwealth Insurance. She has held senior roles with the Commonwealth Bank, Allen Allen & Hemsley, IBM and the ...
CBA gets 452 Capital cut at last
... "Discussions between 452 Capital and the Commonwealth Bank's wholly owned subsidiary, The Colonial Mutual Life Assurance Society Limited over the potential purchase of a minority shareholding in 452 Capital, have ceased due to an inability to reach agreement ...
Colonial's discussions with 452 Capital called off
... "Discussions between 452 Capital and the Commonwealth Bank's wholly owned subsidiary, The Colonial Mutual Life Assurance Society Limited over the potential purchase of a minority shareholding in 452 Capital, have ceased due to an inability to reach agreement ...
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