Tuesday, April 29, 2025

Claims

Profits up at Asteron Life

Asteron Life made a profit of $16 million in the half year to 31 December 2022, says the firm. The figure is $10 million...

Free Critical Illness Cover Paying Off For Cigna Clients

Cigna has paid clients who signed up for its free critical illness cover $80,000 since its launch earlier this year. In a promotion it ran...

Real-World Complaints Revealed

The Adviser Platform is holding a case study webinar to review eight real-world complaints and their impact on the client and adviser. Led by the...

Long Covid Putting Pressure on IP Claims, Premiums

A report pointing to the risk of higher insurance premiums and a rise in claims – as a result of 'Long Covid' – caught...

Call for Radical Re-think of Life, Trauma Products

Australian firm Retender is challenging the insurance industry to reconsider how life insurance and living insurance products might be re-designed to reduce the number...

Cigna NZ Reports Strong Revenue Growth

Cigna New Zealand's latest financial results show a 12% increase in net premium revenue, underpinned by a 22% increase in sales, and a net...

Partners Life Adopt New Risk Claims System

It's going to be a busy six weeks at Partners Life as its risk claims team bed in a new claims management system. The company...

Health Insurer Battles Backlog as New System Introduced

The introduction of an updated policy administration system has pushed claims turn-around times to 15 days, pre-approvals to two working days, and lead to...

Health Insurance Stats Show Steady Rise in Premiums

According to Stats NZ data 1.45 million New Zealanders are paying almost $2 billion a year for private heath insurance. The country's population sits...