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Showing 151 - 160 of 392 results for "Insurance Business"

MetLife awards $11bn custody mandate

KARREN VERGARA  |  TUESDAY, 23 JAN 2018
... an important sector for our Securities Services business and an area where we see great opportunities as the insurance business grows in Asia." Last week, MetLife and MTAA Super announced they renewed a long-standing partnership until June 2020. The ...

ANZ Wealth tests AI-driven underwriting

KARREN VERGARA  |  THURSDAY, 18 JAN 2018
... in order to produce a more accurate risk assessment in a matter of days. In December 2017, ANZ sold its life insurance business for $2.85 billion to Zurich in a move the bank described as a "simplification" of its wealth division. Upon completion, Zurich ...

Zurich sells Singapore life business

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2018
... high level of service and security with Singapore Life. We remain fully committed to growing our commercial insurance business in Singapore and maintaining excellent customer service for our international life customers who are not impacted by the transfer," ...

Financial Standard's top stories of 2017

ALEX BURKE  |  FRIDAY, 22 DEC 2017
... IOOF Holdings for $975 million; and it announced several senior internal appointments in retaining its life insurance business. IOOF agreed to take over ANZ Wealth Management comprising RI Advice, Millennium3, Financial Services Partners and Elders Financial ...

Fee-for-service faces ultimate risk test

DARREN SNYDER  |  TUESDAY, 19 DEC 2017
... component to make fee-for-service risk advice profitable is how much value a financial adviser places on their insurance business. The experts warn any adviser who undervalues their risk business in the LIF environment will find it difficult to operate ...

AMP flags departures in distribution restructure

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2017
AMP has restructured its sales team to align with its wealth management and insurance businesses. The move will create specialist roles which will better align the broker and adviser bank sales teams, an AMP spokesperson told Financial Standard. Of ...

ANZ sells life insurance business for $2.85 billion

ALEX BURKE  |  TUESDAY, 12 DEC 2017
ANZ has sold its life insurance business for $2.85 billion in a move that will make the purchaser Australia's largest retail life insurer. Completing what the bank described as a "simplification" of its wealth division, ANZ sold the business to Zurich. ...

AIA appoints regional head of IFA

EMMA RAPAPORT  |  THURSDAY, 7 DEC 2017
AIA Australia will drive growth in the Asia region with the appointment of a new head of IFA distribution. Sam Tremethick, who first joined the life insurer in 2012 as national manager of strategic partnerships before accepting the role of IFA head ...

AIA announces two-year fee waiver

KARREN VERGARA  |  MONDAY, 4 DEC 2017
AIA Australia announced it is waiving fees on certain polices that can help improve lapse rates. The life insurer is waiving the policy fee for the first two years of new Priority Protection members. If applicable, it will also waive the AIA Vitality ...

Life insurance M&A outlook gloomy: Report

KARREN VERGARA  |  THURSDAY, 30 NOV 2017
Despite the flurry of life insurance business sell offs, a new study found global life insurers are overlooking Australia for superior acquisition opportunities elsewhere in the Asia Pacific. Willis Towers Watson's analysis of merger and acquisitions ...