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Showing 91 - 100 of 392 results for "Insurance Business"

MLC Life strengthens group insurance team

JAMIE WILLIAMSON  |  MONDAY, 14 OCT 2019
... of new fund partnerships to its growing group insurance capabilities. Emily Wu has joined MLC Life's group insurance business effective this month, focused on new superannuation funds. Wu was most recently technical partnership manager at AIA Australia. ...

MLC Life appoints group insurance executive

JAMIE WILLIAMSON  |  TUESDAY, 8 OCT 2019
MLC Life Insurance has appointed an executive lead to its group insurance business, recruiting from NSW Treasury. Andrea Forbes has joined MLC Life as executive lead - relationship management, group insurance. She joins from NSW Treasury where she was ...

CommInsure sale stalls, sold for discount

KARREN VERGARA  |  FRIDAY, 23 AUG 2019
The Commonwealth Bank will sell its life insurance business for $150 million less than originally agreed as the sale experiences delays and regulatory roadblocks. The banking group today announced its divestment of CommInsure Life to AIA Group is facing ...

Suncorp responds to shareholder resolution

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUL 2019
... Financial Standard: "Suncorp's exposure to the fossil fuels industry is not material, being less than 0.5% in the insurance business and investment portfolio, and a negligible proportion of our commercial lending portfolio. Suncorp doesn't finance fossil ...

Suncorp pressured on coal

ELIZABETH MCARTHUR  |  THURSDAY, 25 JUL 2019
... has received the shareholder resolution. The Market Forces campaign is specifically targeting Suncorp's insurance business. The group said as insurers are exposed to the financial risks caused by the physical impacts of climate change such as drought ...

AMP Life sale blocked

JAMIE WILLIAMSON  |  MONDAY, 15 JUL 2019
AMP has confirmed the sale of its life insurance business to Resolution Life is highly unlikely to go ahead. The institution said the sale of AMP Life is highly unlikely to proceed on the current terms do to challenges in meeting the condition precedent ...

KPMG names life insurance lead

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2019
... insurance and superannuation products. She also designed and implemented remediation programs for the life insurance business, and led the cultural integrations of AMP and AXA business teams. Her other experience includes leading the local branch of ...

AMP Life appoints temporary investment chief

KANIKA SOOD  |  MONDAY, 1 JUL 2019
... the sale agreement in October, our financial results have reinforced that AMP is not the best owner of a life insurance business with higher capital requirements and earnings volatility." "Indeed, the recent sale of many major life insurance groups in ...

OnePath awards $210m in mandates

KANIKA SOOD  |  WEDNESDAY, 26 JUN 2019
... transfer are not met by October 17, either ANZ and IOOF can call off the sale. ANZ also sold the OnePath life insurance business to Zurich which completed earlier this month..

OnePath updates trauma definitions

KARREN VERGARA  |  MONDAY, 24 JUN 2019
... complaints and requests for information from customers. Zurich completed its acquisition of ANZ's life insurance business OnePath in early June. More than 500 employees nationwide joined the Zurich Life and Investments team.