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Showing 1 - 10 of 100+ results for "CommInsure"

AIA sells super, investments business

JAMIE WILLIAMSON  |  THURSDAY, 24 FEB 2022
... business of life and health insurance and wellbeing services. AIA came to own the business through its acquisition of CommInsure Life, which was completed last year. It will be transferred to Resolution Life by way of a statutory asset transfer and marks ...

Zurich makes key health appointments

ELIZABETH MCARTHUR  |  THURSDAY, 13 JAN 2022
... previously chief medical officer at TAL and has also held chief medical officer positions at Pacific Life Re, Munich Re, CommInsure and Hannover Life Re Africa. Zurich said Monday will be charged with building out an internal team of doctors to provide ...

Commonwealth Financial Planning to shutter

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
... good. CBA said the move is part of its partnership with AIA, following the sale of part of Commonwealth FP and 100% of CommInsure Life to AIA. AIA is launching its own financial advice offering, AIA Financial Wellbeing, in December 2021. Commonwealth ...

Integrity Life hires product GM

ANNABELLE DICKSON  |  MONDAY, 25 OCT 2021
... recently chief transformation officer and was previously head of individual insurance. Bailison spent over a decade at CommInsure originally as executive manager - design and development before going onto head of retail product and pricing. "I'm excited ...

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... State Investments (CFSI). The advice class action relates to Commonwealth Financial Planning, Financial Wisdom and CommInsure, which alleges that advisers failed to act in customers' best interest when recommending life insurance products. ASIC is ...

Commonwealth FP under review, partially offloaded

ANNABELLE DICKSON  |  WEDNESDAY, 28 JUL 2021
... financial advice plays an important role in helping Australians improve their financial wellbeing." CBA first sold CommInsure Life to AIA in 2019 and has now received a total of $2.3 billion of proceeds made up of $2.1 billion in cash and $240 million ...

ASIC consults on anti-hawking rules

KANIKA SOOD  |  THURSDAY, 22 JUL 2021
... life and consumer credit insurance sales from 13 January 2020. This followed enforcement action against firms such as CommInsure and ClearView. In 2019 it won a $700,000 penalty against CommInsure, after the firm plead guilty to 87 counts of unlawful ...

New chair for AIA Australia

ELIZABETH MCARTHUR  |  WEDNESDAY, 7 JUL 2021
... been chair for 12 years, now she will serve as chair of the AIA New Zealand board only. Peter Yates, previous chair of CommInsure which AIA acquired, will be chairing the AIA Australia board. "Having served as deputy chair of AIA and chair of CommInsure ...

Court orders new group definition in CBA advice class action

KANIKA SOOD  |  WEDNESDAY, 23 JUN 2021
... qualify inclusion of advice clients who suffered a loss. The applicants wanted everyone who was advised by CFP or FWL on CommInsure products since 21 August 2014, regardless of whether or not they paid excess premiums or the way they received the advice ...

CBA offloads general insurance arm

ANNABELLE DICKSON  |  MONDAY, 21 JUN 2021
Commonwealth Bank has announced the sale of CommInsure General Insurance to the Hollard Group after divesting CommInsure Life and BoCommLife. Announced this morning, the sale agreement includes a 15-year strategic alliance that provides Hollard with ...
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