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australian prudential regulation authority
Insurance
APRA data confirms that challenges confronting group risk, but indicates some recovery....
Insurance
ASFA warns that it is unreasonable to expect group insurers to forecast changes in premium rates or other conditions beyond the initial guarantee period....
Insurance
APRA last week called in Australia’s major group life/risk insurers to caution them to better risk manage current market conditions. ...
Insurance
The industry will receive a 12-month transition period on implementing APRA’s risk management requirements, the regulator has announced....
Insurance
The group insurance industry may be at risk of the “winner’s curse”, where the winner of a group insurance tender is the company with the lowest best estimate....
Insurance
Super fund members in retail funds with binding insurance nominations are getting a raw deal, an Australian Prudential Regulation Authority working paper has suggested....
Insurance
The Australian Prudential Regulation Authority (APRA) has pointed to the meagre profits that group risk insurance in super has contributed to the industry as evidence tha...
Insurance
New business from intermediaries licensed to conduct general insurance business to unauthorised foreign insurers has been concentrated in Singapore and the UK in the firs...
Insurance
APRA has released quarterly performance results for the life insurance industry, with revenue down to $20.7 billion compared to $31.5 billion for last financial year....
Insurance
APRA deputy chairman Ross Jones, speaking at an ASFA luncheon, said APRA would allow superannuation funds to source insurance from outside of the life insurance industry....
Insurance
Insurers are beginning to assess the cost of Life and General Insurance Capital standards as APRA begins to nut out transition arrangements....
Funds management
While their members see little value in sporting sponsorships, super fund executives and trustees are split on the issue....
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...