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Search ResultsShowing 1 - 6 of 6 results for "DII"
Calls for disability insurance reform
ELIZA BAVIN  |  MONDAY, 10 FEB 2020
... "This is a valuable contribution that will help the profession identify and tackle some of the issues that are impacting the DII market." The report said the sector needs simpler products, a change to definitions, and a review of the benefits to encourage ...
Life insurers lost $3.4b over five years: APRA
ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... unsustainable practices. "Life companies have collectively lost around $3.4 billion over the past five years through the sale of DII to individuals (rather than through superannuation). APRA wrote to the industry in May requesting urgent action to address ...
Life insurers post strong March quarter
KANIKA SOOD  |  FRIDAY, 31 MAY 2019
... as compared to a profit of $1.3 billion. "All risk products deteriorated, particularly Individual Lump Sum and Individual DII. This deterioration is mainly driven by loss recognition caused by persistent adverse claims experience," the report states. ...
Disability income insurance an ongoing concern: APRA
KARREN VERGARA  |  TUESDAY, 10 JUL 2018
Disability income insurance (DII) continues to be a loss-making venture for life insurers as the prudential regulator undertakes a comprehensive review of its sustainability, pricing and the actual benefits delivered to policyholders. Otherwise known ...
Markets shake rattle and roll
SUZY MAC  |  TUESDAY, 6 NOV 2007
... Control announced that Chinese individuals would be permitted to buy stocks traded on the Hong Kong stock exchange through the DII scheme, the Hang Seng rose by 40 per cent. Global analysts were also rubbing their hands together in anticipation of the ...
Hello kitty
SUZY MAC  |  THURSDAY, 4 OCT 2007
... would be permitted to buy stocks traded on the Hong Kong stock exchange through the domestic institutional investor scheme (DII). Frank Gong, Asia Pacific equities analyst at JPMorgan said, "Prior to the announcement of DII we were forecasting US$100bn ...
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