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Showing 161 - 170 of 326 results for "Onepath"

ANZ sells NZ life insurance business

ALEX BURKE  |  WEDNESDAY, 30 MAY 2018
ANZ has agreed to sell its OnePath Life New Zealand business to a US-based global insurer. Cigna Corporation will acquire OnePath Life for NZ$700 million, which ANZ said represents a "slight premium to embedded value and is expected to generate a gain ...

Mental health to transform life insurance: ANZ Wealth

KARREN VERGARA  |  FRIDAY, 11 MAY 2018
... our customer offering for early engagement in mental health claims to be market leading," she said. In November 2017, OnePath launched its mental health coaching pilot for OneCare income protection customers in partnership with Remedy Healthcare. Customers ...

ANZ considering buy-back with life insurance paycheck

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... received about $1 billion in reinsurance payments - the first tranche of a $2.85 billion transaction which includes the OnePath Life sale to Zurich. This results in an increase of about 25 basis points in ANZ's APRA Common Equity Tier 1 Capital. "Having ...

ANZ culls sales incentives for planners

KANIKA SOOD  |  MONDAY, 7 MAY 2018
... business is set to be acquired by IOOF. On April 24, IOOF announced that it has cleared all regulatory hurdles in acquiring OnePath's pension and investments and four aligned dealer groups. The deal was announced in September 2017 and at the time IOOF ...

IOOF flags ANZ Wealth results ahead of acquisition

ALEX BURKE  |  WEDNESDAY, 2 MAY 2018
... Smart Choice saw net inflows of $321 million. IOOF recently updated the market as to the progress of its acquisition of OnePath's pension and investments and four ANZ-aligned dealer groups. It said that "all regulatory hurdles to the completion of ANZ ...

IOOF updates market on ANZ wealth sale

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... on its ANZ Wealth acquisition in light of the banking Royal Commission. ANZ announced in September 2017 it will divest OnePath's pension and investments and four aligned dealer groups to IOOF for $975 million. IOOF's last progress update was in February ...

ANZ, NAB bottom lines take a hit

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... million of treasury shares adjustment), while the balance comprises future separation transaction costs. The bank offloaded OnePath pensions and investments and aligned dealer groups to IOOF, and the life insurance arm to Zurich in October and December ...

CommInsure, OnePath enhance digital experience

JAMIE WILLIAMSON  |  WEDNESDAY, 11 APR 2018
... Applying for life insurance and making claims is now much easier for financial advisers and customers of CommInsure and OnePath. CommInsure is the latest to partner with underwriting rules engine UnderwriteMe. Through the partnership, the complexity ...

New insurance lead at industry fund

JAMIE WILLIAMSON  |  WEDNESDAY, 4 APR 2018
... membership were AMP Superannuation Savings Trust and AMP Super Directions followed by Colonial Super Retirement Fund, OnePath Masterfund and IOOF Portfolio Service Superannuation Fund.

Less than half of all super funds are gaining new members

ALEX DUNNIN  |  THURSDAY, 29 MAR 2018
... membership were AMP Superannuation Savings Trust and AMP Super Directions followed by Colonial Super Retirement Fund, OnePath Masterfund and IOOF Portfolio Service Superannuation Fund. In terms of the number new members, i.e., before discounting exits ...