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Showing 21 - 30 of 54 results for "Nippon Life"

Foreign owners take over life insurance: KPMG

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... companies currently own about half (47.8%) of the market share, up from 41.4% in 2014. This was driven largely by Nippon Life Japan acquiring 80% of MLC Life Insurance in 2015. CBA sold 100% of its Australian and New Zealand life insurance businesses ...

Industry fund increases life insurance engagement

JAMIE WILLIAMSON  |  THURSDAY, 24 MAY 2018
... transformation strategy. Aiming to align its digital offering with the evolving expectations of advisers and customers, Nippon Life - which owns 80% of MLC Life - has invested $400 million in a technology overhaul for the life insurer to become more ...

NAB to divest MLC

ALEX BURKE  |  THURSDAY, 3 MAY 2018
... the business (proprietary and aligned). The bank already sold its life insurance business, under the MLC brand, to Nippon Life in 2015. In a media briefing, NAB chief executive Andrew Thorburn said the divestment has "nothing to do with what has come ...

MLC launches digital underwriting platform

KANIKA SOOD  |  TUESDAY, 17 APR 2018
... implementation for Vision Super is currently underway. MLC Life Insurance was formed as a strategic partnership between NAB and Nippon Life Insurance. It is operated by MLC Limited in which NAB holds a 20% share while Nippon Life holds the remaining ...

Senior RBA figure joins life insurer

JAMIE WILLIAMSON  |  THURSDAY, 1 MAR 2018
... officer. Girn will lead the insurer's $400 million digital transformation, first flagged when Japanese insurance giant Nippon Life acquired 80% of the company in late 2015. Girn will add more than 30 years' financial services experience, having also ...

Energy Super launches group insurance platform

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2017
... processes, and look forward to rolling out our LifeView platform with other group insurance clients in 2018." Since Nippon Life purchased an 80% stake in MLC Life last year, it has injected millions to improve digital solutions, offering trustees a genuine ...

Life insurers post mixed performance

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2017
... new super fund (MLC Super Fund) as a result of NAB selling 80% of its life insurance business under the MLC brand to Nippon Life. Consequently, life insurers generated a return on assets for the year of 9.5%, down from 12.1% on the prior corresponding ...

MLC Life launches group insurance platform

JAMIE WILLIAMSON  |  TUESDAY, 25 JUL 2017
... Life chief customer officer of group insurance Suzanne Smith. Since purchasing an 80% stake in MLC Life last year, Nippon Life has injected millions into the life company's digital strategy; with Smith saying it can now offer trustees a genuine point ...

MLC Life partners to accelerate underwriting process

JAMIE WILLIAMSON  |  THURSDAY, 6 JUL 2017
... series of projects MLC Life is undertaking to further innovate its offering to the Australian life insurance market. Nippon Life, which owns an 80% stake in MLC Life, is driving the strategy, investing about $400 million to improve technology and digital ...

MLC Life adapts to meet shifting expectations

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2017
... transformation strategy. Aiming to align its digital offering with the evolving expectations of advisers and customers, Nippon Life - which owns 80% of MLC Life - has invested significantly in a technology overhaul for the life insurer to become more ...