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Search ResultsShowing 1 - 10 of 100+ results for "Insurers"
Life insurance at tipping point: Industry leaders
ALLY SELBY  |  FRIDAY, 31 JUL 2020
... industry, such as issues surrounding disability income, have been around since the 1990s, he said, also noting that life insurers had already seen evidence of reinsurers and other stakeholders limiting capital investment in the industry. "Incremental ...
Sydney boutique expands team
KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... Swati Reddy, who formerly worked at CLSA, as senior analyst and Ty Archibald as an analyst. It stays away from banks, insurers and miners with top holdings spread across business services stocks such as Accenture and IT stocks such as Amphenol.
Banks ordered to reduce dividend payout ratios
KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
Banks and insurers have been asked to retain at least half of their earnings while deciding dividends until December, after APRA issued revised guidelines. The prudential regulator in April asked banks and insurers to consider deferring dividend decisions ...
Insurers COVID-19 response slammed
ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JUL 2020
An announcement from the Financial Services Council (FSC) that life insurers would keep their COVID-19 support measures in place until the end of the year doesn't go nearly far enough, a lawyer has said. As part of the insurance response to COVID-19 ...
Hume calls out ERS fake news
ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
... too low." Hume also suggested that she'd like to see some reform in the way mental health claims are handled by life insurers, acknowledging that COVID-19 was likely to have a serious mental health impact over the short and long term. "Rather than having ...
Calls for broad default life insurance system
ELIZA BAVIN  |  MONDAY, 27 JUL 2020
There have been renewed calls from the country's major life insurers and adviser groups for a reset of the life insurance sector to allow for greater access. The Choice and Assess to Life Insurance (CALI) campaign, includes members from AIA, MLC ...
AIA Australia appoints behavioural economics lead
KANIKA SOOD  |  TUESDAY, 21 JUL 2020
... people." AIA Australia is the life insurer for many superannuation funds including BT Super and HESTA. Australian life insurers posted a net loss of $1.8 billion for the year ending March , taking a significant hit from the previous year's profits ...
Research slams ADL definition
ELIZABETH MCARTHUR  |  MONDAY, 13 JUL 2020
... numbers were even worse with 77% rejected under ADL definitions. The regulator suggested, but did not mandate, that insurers move away from using ADLs. Health & Finance Integrated managing director William Johns says he hasn't seen much of a shift since ...
Insurance premiums soar at Qantas Super
ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
... will see their insurance premiums rise substantially come 1 August 2020 now that the super fund has officially switched insurers to MetLife. The fund blamed a range of factors for the increase, mostly surrounding the effects of the COVID-19 pandemic. ...
Qantas Super awards insurance mandate
ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
... the global insurer, saying the COVID-19 pandemic in part led to the decision. "With the COVID-19 pandemic leading many insurers to review their premium rates, we have been negotiating with insurers to minimise any premium increases for our members," ...
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