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| | | MS&AD Insurance Group Holdings has sold its entire 15.1% stake in Challenger to TAL. TAL, together with its parent company Dai-ichi Life Holdings, acquired the minority interest at $8.46 per share - marking a 53% premium to Challenger's closing ... |
| | | | ... from head of savings and investments, having held that position for four years. Chen - who has worked with the global insurance giant for nearly six years - will lead an investment team that manages over $7 billion in balance sheet assets across fixed ... |
| | | | ... last year, iExtend has further cemented its place in the financial services industry as a provider of choice to life insurance policyholders who have decided to either cancel or reduce their cover and have experienced a health change," Sarkis said. "We ... |
| | | | ... November 2023 and 24 March 2025. ASIC's review found that Thomson failed to prioritise his client's interests and provided insurance advice that included recommended levels of cover that incorporated mortgages which his clients had not yet obtained while ... |
| | | | There is still millions of Australians paying for default insurance cover through their superannuation that they don't know about or understand, according to Super Consumers Australia (SCA). SCA found that 19% of people are unsure whether they have ... |
| | | | ... assess life insurers' progress in meeting APRA's product sustainability expectations across both individual and group insurance business." The levies for Small APRA Funds (SAFs) and Single Member Approved Deposit Funds (SMADFs) - a flat rate of $590 ... |
| | | | ... can collectively charge for, Treasury is proposing they do so where it relates to contributions, investment options, insurance held through super, and retirement income. In terms of what personal circumstances may be considered in the provision of that ... |
| | | | ... joins from Export Finance Australia, where he also served as head of risk. Arabatzis brings over 30 years of banking and insurance experience covering enterprise risk management, risk transformation, credit and market risk, governance, relationship management ... |
| | | | ... $1 billion of merger, divestment, and acquisition activity. Divestments included the sale of its pharmacy and general insurance businesses, the $155.5 million offload of Grand United Corporate Health to nib, and, most recently, the handover of Australian ... |
| | | | Australian Retirement Trust has appointed the interim head of insurance to the job permanently. Matthew Finney is now chief executive of ART Life, an APRA-regulated insurance entity and a wholly owned subsidiary of the superannuation giant. Finney was ... |
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