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Showing 101 - 103 of 103 results for "MLC Life Insurance"

Bank love affair with wealth management waning

KERRIE SYDEE  |  MONDAY, 16 MAY 2016
... scaling back of a number of wealth management arms. Recently National Australia Bank (NAB) sold 80% of its MLC life insurance business to Japan's Nippon Life for $2.4 billion. This was followed by its demerger with Clydesdale in the UK early in 2016 ...

NAB sells insurance business to Nippon Life

LAURA MILLAN  |  WEDNESDAY, 28 OCT 2015
National Australia Bank (NAB) has sold 80% of its MLC life insurance business to Japanese insurer Nippon Life for $2.4 billion. NAB will retain ownership of its superannuation, platforms, advice and asset management businesses. It will also retain the ...

NAB hands Asian life insurance to AXA

In a deal worth more than half a billion dollars, National Australia Bank (NAB) will divest its MLC life insurance businesses in Hong Kong and Indonesia to AXA Asia Pacific Holdings (AXA APH). The $575 million sell-off is part of NAB's ongoing business ...