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Showing 11 - 20 of 63 results for "Resolution Life"

Life insurance industry profits double, premiums rise: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
... contrast to reinsurers, where only two out of seven posted profits, accumulating a combined loss of $300 million. Resolution Life topped the list of the highest direct profit as a percentage of revenue, recording 28.6%, followed by Challenger at 23.6% ...

Risk sector grows 4%: Research

KARREN VERGARA  |  FRIDAY, 29 SEP 2023
... ClearView (7.5%) with $214 million and Zurich (5.4%) with $1.6 billion also reported strong inflows for the year. Resolution Life was the only insurer to report a decline in this category of -2.1%, ending the period with $867 million. Activity for AIA ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... New South Wales by Munich Re in April 2023. Central to the proceedings is the manner in which both Munich Re and Resolution Life Australasia (formerly AMP Life and also named as a defendant) entered into certain reinsurance agreements in 2016 and 2017. ...

DB Results launches policy admin system

CHLOE WALKER  |  MONDAY, 21 AUG 2023
... industry into a new stage of growth," he said. DB Results is said to have worked with industry experts including Resolution Life Australasia on the design of PAS. Resolution Life is now working with DB Results for a second migration of its recently acquired ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... AIA sells super investment business AIA is offloaded its $8 billion superannuation and investments business to Resolution Life. In an announcement made in February, AIA said the sale would allow the insurer to focus on its core business of life and health ...

CALI backed by industry

CASSANDRA BALDINI  |  MONDAY, 7 NOV 2022
... Members include AIA Australia, ClearView, Hannover Re, Integrity Life, MLC Life Insurance, NobleOak, QInsure, Resolution Life Australasia, Swiss Re, Zurich Financial Services, Challenger, General Reinsurance Life, HCF Life, MetLife Australia, Munich ...

AMP cops $14.5m penalty over fees for no service

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... Planning, Charter Financial Planning, Hillross Financial Services and AMP Life, which has since been acquired by Resolution Life. All five companies admitted to the misconduct. Breaking the penalty down, $4.8 million will be paid by AMP Financial Planning ...

Insurers are 'fishing' for non-disclosures: ASIC

ANDREW MCKEAN  |  FRIDAY, 2 SEP 2022
... fairly. The life insurers that participated in the review are AIA Australia, TAL, Zurich Australia, MLC Life, Resolution Life Australasia, and Westpac Life Insurance Services. Individual disability income insurance cover is obtained through direct or ...

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... million, largely driven by the gain on sale of the infrastructure debt platform and that of its remaining stake in Resolution Life. AMP said it is now in a strong capital position, with $1.5 billion surplus above its target capital level. It has already ...

Four investment specialists join Resolution Life

ELIZABETH FRY  |  FRIDAY, 29 JUL 2022
Resolution Life Australasia has added three new investment specialists and an analyst to its investment team. Katrina Tran has been recruited as a senior investment manager. She joins from Mercer, where she spent three years most recently as an investment ...