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Showing 271 - 280 of 392 results for "Insurance Business"

UBS Global AM secures major FI mandates

MARK STORY  |  FRIDAY, 21 DEC 2012
... take over the mandate previously managed by INGIM to invest A$2.5 billion on behalf of the group's Australian Insurance business. Global AM has also been mandated by an Australian legal insurance specialist to manage A$300 million in fixed income portfolios. ...

Market wrap AM

AAP  |  FRIDAY, 30 NOV 2012
... with a special dividend and Tower said it would return capital to shareholders after the sale of its medical insurance business. The NZX 50 Index rose 4.61 points, or 0.1 per cent, to 4016.77, the highest since the start of January 2008.

MLC appoints new GM for retail business

MARK SMITH  |  THURSDAY, 15 NOV 2012
... protection operations at AXA with overall responsibility for the service and operations areas of AXA's life insurance business. MLC Insurance executive general manager, Duncan West said: "We are delighted to have Elio on board to drive continuous improvement ...

NRMA partners with TAL for life insurance

LINDA HAUSKEN  |  TUESDAY, 9 OCT 2012
Insurance Australia Group owned NRMA Insurance has formed an alliance with TAL to offer its customers a new life insurance product. The partnership is first of its kind and will see TAL provide life insurance policies on behalf of NRMA Insurance. Andy ...

Life readies for new cap increases

BEN COLLINS  |  FRIDAY, 17 AUG 2012
Insurers are preparing for the impact of the Life and General Insurance Capital (LAGIC) reforms, increasing their capital reserves. Challenger yesterday revealed that the Australian Prudential Regulation Authority (APRA) had proposed transition arrangements ...

Market Wrap

AAP  |  TUESDAY, 29 MAY 2012
... Suncorp said it would aim to cut $200 million of annual costs as part of another savings program, adding that its insurance business was improving from a torrid 2011. Suncorp was up seven cents at $7.75. Financial stocks on the Australian market were ...

TAL makes executive appointments

BEN COLLINS  |  TUESDAY, 8 MAY 2012
TAL has appointed John Hoyle as chief executive officer of its TAL Direct InsuranceLine business and Kent Griffin has joined TAL as chief financial officer. "We at TAL see increased consumer involvement in life insurance in [the] future and we expect ...

AMP sells insurance arm to Suncorp

CLAIRE MCGREAL  |  FRIDAY, 2 DEC 2011
... distribution in line with clients' preferences," said Anthony Day, chief executive officer, Suncorp's Commercial Insurance business. AMP said the sale had no effect on its financial planning business and said it would continue to focus on wealth management ...

rmg acquires Piersbridge Consultants

ELISE BURGESS  |  WEDNESDAY, 23 NOV 2011
... advice, said the acquisition of Piersbridge would add more scale in risk insurance to the practice, although the insurance business of Piersbridge Consultants will continue to operate stand alone for two years. As it stands now, the financial planning ...

ANZ profit climbs 19% to $5.36 billion

ELISE BURGESS  |  THURSDAY, 3 NOV 2011
... years. The profit after tax in wealth was 16% lower than last year due to volatile market conditions while new insurance business growth was offset by adverse general insurance claims and life lapse rate experience. New Zealand profit rose by 54% to ...