POWERED BY MOMENTUM MEDIA
AustralianSuper mandate cements CommInsure in top risk spot
CommInsure is claiming a significant win in the group risk stakes, retaining all of its risk insurance clients that went to tender last year, including the giant AustralianSuper.
CommInsure managing director Simon Swanson pointed out that his company was now ranked at the top of the group risk category as a result of its client retention.
He said 10 of CommInsure’s top 30 clients went to tender last year and that CommInsure had retained all 10, with the most significant being AustralianSuper’s new group life policy, the largest in Australia.
Swanson said CommInsure had worked with AustralianSuper to produce an innovative offering that covered death, total and permanent disablement and income protection, including enhanced features such as increased default levels of cover such that members stood to enjoy benefit increases of between 10 per cent and 100 per cent.
AUTHOR
Mike Taylor
Recommended for you
As ASIC looks to crack down on private markets, the Super Members Council is calling for a “balanced review” of both its opportunities and risks.
Global investor sentiment brightened in May, according to Bank of America’s latest Global Fund Manager Survey, as concerns about a sharp economic downturn gave way to a more optimistic outlook for a “soft landing”.
Amid a volatile month for global markets, the State Street Risk Appetite Index improved slightly to return to neutral (0.0) by the end of April, up from -0.09 the month before.
The traditional 60/40 portfolio model, long a cornerstone of diversified investment strategies, is increasingly under scrutiny as evolving economic conditions and rising market volatility prompt investors to reconsider its relevance.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
93.34 3 y p.a(%)
2
Global X GlobalX FANG+ ETF
36.96 3 y p.a(%)
3
GAM LSA Private Shares AU I
34.22 3 y p.a(%)
4
VanEck Video Gaming and eSports ETF (AU)
28.89 3 y p.a(%)
5
Plato Global Alpha A
28.83 3 y p.a(%)
