COMMINSURE

Life/Risk

The Royal Commission has heard that a CommInsure customer was denied a claim following breast cancer treatment, despite two doctors confirming to the insurer that her pro...

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Life/Risk

CommInsure was aware that its definition of “heart attack” for insurance claims was outdated and could potentially result in the rejection of otherwise legitimate claims ...

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Life/Risk

CBA has acknowledged that it was not frank and open in a dispute with the Financial Ombudsman Service, the Royal Commission has been told....

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Life/Risk

Colonial First State retained CommInsure as its group insurer despite it performing poorly against a number of industry benchmarks but that may change following the sale ...

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People & Products

CommInsure has launched a new digital quote and application process for its members in partnership with UnderwriteMe Australia. ...

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Life/Risk

Plaintiff law firm Maurice Blackburn has named AIA, CommInsure and TAL as code ‘culprits’ in its submission to the Royal Commission....

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People & Products

CommInsure has launched its first end-to-end digital claims service for its group life and super fund partners....

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People & Products

AFA Life has announced the recipients of the Company of the Year Awards. ...

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Financial planning

A strong performance by its Wealth Division has helped the Commonwealth Bank record another increased half-year profit despite provisioning of more than $500 million for ...

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Financial planning

Kimberley Holgate has been banned from providing financial services for five years by the Australian Securities and Investments Commission, following a finding by the reg...

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Policy & Regulation

The Commonwealth Bank of Australia has released a statement with regards to the $300,000 CommInsure will pay out after an ASIC investigation....

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Policy & Regulation

Recently-troubled life insurance business CommInsure will pay more than a quarter of a million dollars over misleading advertising....

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GAM Systematic Alternative Risk Premia offering has won a new mandate from CommInsure which plans to invest $300 million in its diversified risk premia portfolio....

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Life/Risk

AIA now has 25 per cent of the life insurance market share with an in-force risk annual premium of $3.9 billion thanks to its acquisition of CommInsure, according to DEX...

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Financial planning

Mike Taylor comments that the Commonwealth Bank board has clearly decided on radical change via the sale of CommInsure, the likely splitting off of Colonial First State G...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 3 days ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

3 days 11 hours ago

ASIC has issued a warning to financial advisers to ensure they are complying with client consent requirements when entering into ongoing fee arrangements....

1 week 2 days ago