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Showing 211 - 220 of 392 results for "Insurance Business"

BT appoints insurance GM

ALEX BURKE  |  FRIDAY, 19 FEB 2016
... claims at IAG and a senior manager at KPMG. At BT, she will head up the both the company's general and life insurance business lines. "BT has been very progressive in developing its insurance business - driving better customer experiences and service ...

Nippon Life says MLC will bolster falling profits

ALEX BURKE  |  MONDAY, 14 DEC 2015
Japanese life insurer Nippon Life has reported an 8% drop in ordinary profit to $2.9 billion in the six months to September 30, 2015. Nippon Life's statement attributed this to the Japanese economy "gradually [declining] due to concerns about the Chinese ...

iSelect nixes Providence takeover bid

ALEX BURKE  |  MONDAY, 14 DEC 2015
... management changes (including chief executive Alex Stevens' departure) and "volatility in iSelect's health insurance business" have made the bid less attractive. "[These changes] have informed the board's view that there are no reasonable prospects at ...

EISS appoints CIO from Suncorp

LAURA MILLAN  |  WEDNESDAY, 9 DEC 2015
Energy Industry Super Scheme (EISS) has appointed a chief investment officer who was previously the executive manager of investments at Suncorp. Ross Etherington has started in the position today and will oversee all aspects of EISS's investment function. ...

Zurich exits Singapore life insurance

ALEX BURKE  |  MONDAY, 7 DEC 2015
... in Singapore. In a statement, the insurer said this came about "following a comprehensive review of our life insurance business in Singapore." As at December 1, the two entities affected by the decision are Zurich Life Insurance (Singapore) and Zurich ...

MLC to vary premiums with fitness smartwatch

ALEX BURKE  |  TUESDAY, 10 NOV 2015
... potential claim. The MLC On Track program is part of our commitment to integrate innovation throughout our insurance business. We're continually seeking new ways to enhance the offering to our customers, and the program will deliver financial savings ...

IAG appoints COO from Suncorp

ALEX BURKE  |  THURSDAY, 29 OCT 2015
IAG has appointed a new chief operating officer. Mark Milliner joins the IAG executive team from Suncorp, where he was chief executive personal insurance. He has held numerous other roles at the $17 billion insurance group since 1994, including general ...

MLC insurance sale to cost NAB $1.5bn

LAURA MILLAN  |  THURSDAY, 29 OCT 2015
National Australia Bank (NAB) has agreed to sell 80% of MLC's insurance business for $2.4 billion, but it estimates it will lose over $1.5 billion in the transaction. The bank told investors that the transaction would involve an indicative loss of $1.1 ...

NAB sells insurance business to Nippon Life

LAURA MILLAN  |  WEDNESDAY, 28 OCT 2015
National Australia Bank (NAB) has sold 80% of its MLC life insurance business to Japanese insurer Nippon Life for $2.4 billion. NAB will retain ownership of its superannuation, platforms, advice and asset management businesses. It will also retain the ...

AMP wealth earnings down post-Genesys closure

ALEX BURKE  |  FRIDAY, 23 OCT 2015
... to $111.1 billion, which the update also attributed to "negative investment market movements." While AMP's insurance business saw an annual premium in-force increase of 3% to $1.9 billion, the statement noted that the business had also suffered due to ...