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Showing 191 - 200 of 392 results for "Insurance Business"

PROFILE: Standard Life Investments head of Australasian business Simone Bouch

MARK SMITH  |  MONDAY, 1 AUG 2016
... launched its Global Focused Strategies Trust to the local market. Despite only spinning out of Standard Life's insurance business in 1998, the company has amassed more than $500 billion in assets under management with around 70% of flows coming from ...

Wealth division overhauled in latest NAB restructure

MARK SMITH  |  FRIDAY, 22 JUL 2016
... officer, Consumer Banking and Wealth Management. Hagger will also continue to drive the sale process of the Life Insurance business, which remains on track for completion in the second half of calendar year 2016. Business Banking becomes Business and ...

NAB merger creates largest retail super fund

ALEX BURKE  |  THURSDAY, 14 JUL 2016
... behind AustralianSuper, which recently surpassed $100 billion in FUM. This move follows NAB selling its life insurance business, under the MLC brand, to Nippon Life; in doing so, the bank separated its investments, life insurance and superannuation arms ...

Zurich appoints Macquarie vets

ALEX BURKE  |  TUESDAY, 12 JUL 2016
... Macquarie Life personnel to its management team. Following Macquarie's agreement to sell its Macquarie Life insurance business to Zurich in March, Zurich has recruited current Macquarie Life head of commercial management Daniel Longden to the role of ...

Zurich appoints COO in major insurance restructure

ALEX BURKE  |  MONDAY, 20 JUN 2016
... Zurich has appointed a chief operating officer and announced a major realignment of its global life and general insurance business lines. In a statement, Zurich said the move was part of a process to "move to a simpler, more customer-oriented structure ...

Munich Re pursues divestment from insurance

KERRIE SYDEE  |  THURSDAY, 16 JUN 2016
Following a strategic review Munich Re has revealed it is considering divesting its primary insurance arm Great Lakes Australia (GLA). GLA is the Australian branch of Great Lakes Reinsurance (UK) SE (Great Lakes) and is a wholly owned subsidiary of ...

MLC appoints retail insurance sales GM from BT Life

ALEX BURKE  |  TUESDAY, 14 JUN 2016
... the business as it moves to becoming a standalone life insurance company. "As we transition into a specialist insurance business, it's imperative that we have end-to-end ownership and accountability for the way our business services and supports advisers. ...

UK pensions not fussed about in-housing

MARK SMITH  |  FRIDAY, 3 JUN 2016
... trend, the paper - which is titled 'European Institutional Dynamics 2016: Keys to Success for Pensions and Insurance Business' - found that some pension schemes are developing in-house expertise in particular niche strategies. "UK pensions have also ...

Bank love affair with wealth management waning

KERRIE SYDEE  |  MONDAY, 16 MAY 2016
... back of a number of wealth management arms. Recently National Australia Bank (NAB) sold 80% of its MLC life insurance business to Japan's Nippon Life for $2.4 billion. This was followed by its demerger with Clydesdale in the UK early in 2016, a decision ...

AMP holds assets despite Genesys exodus

ALEX BURKE  |  THURSDAY, 12 MAY 2016
... Despite these challenges, we remain confident in the overall long-term outlook for AMP." As Meller said, AMP's insurance business took a hit during the quarter, with claims losses of $18 million, mostly in retail income protection. Total annual premium ...