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Showing 201 - 210 of 392 results for "Insurance Business"

NAB posts $1.7bn net loss from Clydesdale IPO

ALEX BURKE  |  THURSDAY, 5 MAY 2016
... delivering significantly improved results since 2013. The long-term partnership and sale of 80% of our life insurance business to Nippon Life is progressing well and remains on track for finalisation in the second half of calendar year 2016," Thorburn ...

Narev defends CommInsure record, wrote to five customers

ALEX BURKE  |  THURSDAY, 28 APR 2016
... Financial Advice inquiry, Narev said in the letter that "some of the criticism of the industry, and our life insurance business CommInsure, has been fair and some has not." He noted that in 2015, CommInsure paid over $850 million in claims to 22,000 ...

Paradigm appoints head of operations

ALEX BURKE  |  WEDNESDAY, 27 APR 2016
... aspect of financial planning which is particularly close to my heart. "In previous roles I've established risk insurance business units from the ground up. At Paradigm it's a little different as there is already a well-established risk insurance business ...

New JBWere chairman named

KERRIE SYDEE  |  FRIDAY, 22 APR 2016
... business and has since held a number of senior roles, including executive general manager of MLC & NAB Wealth's insurance business and group and group executive people, marketing and communications. Prior to joining NAB, Hagger spent 21 years with PricewaterhouseCoopers ...

Munich Re Australasia MD and global CEO step down

ALEX BURKE  |  TUESDAY, 29 MAR 2016
Both the Australasia managing director and the chief executive of Munich Re have announced they will step down from their roles. Heinrich Eder, Australasia MD since November 2005, was previously general manager non-life at Munich Re Australasia. Prior ...

New insurance industry guidance on its way

DARREN SNYDER  |  THURSDAY, 17 MAR 2016
... to access a document that provides all the information required to fully and better understand their fund's insurance business. Speaking at the Conference of Major Superannuation Funds yesterday, Industry Funds Forum (IFF) project officer Francis Cox ...

Zurich buys Macquarie Life

MARK SMITH  |  FRIDAY, 4 MAR 2016
Macquarie Group has entered into an agreement to sell its Macquarie Life insurance business to Zurich Australia. The deal will see Zurich's in force premiums go from $370 million to roughly $610 million, effectively increasing the size of the life business ...

Australian Unity sees steady profit growth

ALEX BURKE  |  WEDNESDAY, 24 FEB 2016
... focused on growing revenues and developing diverse income streams outside of the traditional private health insurance business for a number of years now and we continue to see the benefits of this strategy."

Suncorp appoints new C-suite for restructured business

ALEX BURKE  |  TUESDAY, 23 FEB 2016
... strategy. From March 1, John Nesbitt will become chief executive, banking and wealth; Anthony Day will oversee all insurance business lines as chief executive, insurance; and Paul Smeaton will become chief executive, New Zealand. In addition, Mark Reinke ...

Drummond resignation prompts NAB leadership changes

MARK SMITH  |  MONDAY, 22 FEB 2016
... Great Western Bank, the sale of the UK Commercial Real Estate and SGA portfolios, the 80% sale of the life insurance business, the demerger and IPO of CYBG and the largest capital raising in Australian corporate history. NAB chief executive Andrew Thorburn ...