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Showing 2751 - 2760 of 7046 results for "Insurance"

Life insurer profitably improving: APRA

KARREN VERGARA  |  FRIDAY, 2 MAR 2018
... performance and an improvement in profitability. APRA's latest statistics in the 12 months to December 2017 show the life insurance industry recorded total revenue of $36.2 billion - comprising net policy revenue ($15.7 billion) and investment revenue ...

Private equity firm sells Bravura stake

ALEX BURKE  |  FRIDAY, 2 MAR 2018
... voting power of 5.25%. Earlier this year, Bravura won a mandate from the Foresters Friendly Society's funeral bond and insurance policy business. The insurer will now use Garradin, Bravura's investment management and portfolio administration platform. ...

Netwealth offloads advice subsidiary

KARREN VERGARA  |  FRIDAY, 2 MAR 2018
... line hit $73.3 million in the six months to December; $64.8 million of which was proceeds from selling corporate health insurance subsidiary, Grand United Corporate Health to nib. According to group managing director Rohan Mead, the company's "substantial ...

Wearables driving life insurance engagement

KARREN VERGARA  |  FRIDAY, 2 MAR 2018
A renewed focus on health and wellbeing is proving to be the key to engaging members with their life insurance. Since launching its fitness and wellness program four years ago with South African insurer Discovery, AIA Australia's Vitality leads the ...

Industry fund chases insurance giant on climate risk

JAMIE WILLIAMSON  |  FRIDAY, 2 MAR 2018
... insurer to force disclosures on climate risk. Local Government Super has co-filed a shareholder resolution over QBE Insurance Group's failure to disclose the risks, with Market Forces co-ordinating the move. The resolution requests QBE report as per ...

Advice clients demand philanthropic conversations

KARREN VERGARA  |  THURSDAY, 1 MAR 2018
... $73.3 million in the six months to December; $64.8 million of which was proceeds from divesting its corporate health insurance subsidiary, Grand United Corporate Health to nib. Excluding this impact, profit after tax stood at $8.5 million. The wealth ...

Senior RBA figure joins life insurer

JAMIE WILLIAMSON  |  THURSDAY, 1 MAR 2018
... transformation officer. Girn will lead the insurer's $400 million digital transformation, first flagged when Japanese insurance giant Nippon Life acquired 80% of the company in late 2015. Girn will add more than 30 years' financial services experience ...

ClearView appoints head of distribution strategy

ALEX BURKE  |  WEDNESDAY, 28 FEB 2018
... Kathryn has excelled as state manager NSW/ACT, building and managing a high calibre team and taking our flagship life insurance product, LifeSolutions, to the IFA market. She is ideally-positioned and qualified to help drive and execute ClearView's ongoing ...

Sequoia expands advice arm, boosts top line

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2018
... Sequoia also increased its ownership of the Finance News Network from 53.9% to 77.07% and its stake in InterPrac General Insurance to 100%, making it a wholly-owned subsidiary. Managing director Scott Beeton said after three years in his role it is "pleasing ...

ASIC bans former NAB, Westpac adviser

KARREN VERGARA  |  TUESDAY, 27 FEB 2018
ASIC banned a former NAB and Westpac adviser for five years for inappropriately providing superannuation and insurance advice. Brisbane-based financial adviser Christopher Ramsay was a representative of Westpac between 2010 and 2015. He went on to work ...