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Showing 11 - 20 of 310 results for %22Challenger Life%22

Commonwealth Super Corp selects Challenger for retirement products

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
Commonwealth Superannuation Corporation (CSC) has joined forces with Challenger to launch the next stage of its retirement income strategy in early 2024. The longevity solution was developed by CSC under its RIS program to help meet its customer's ...

Challenger expands strategic relationship with Apollo

CASSANDRA BALDINI  |  THURSDAY, 9 NOV 2023
The group has formed an origination partnership with Apollo Global Management, giving Challenger Life access to private global credit and alternative capabilities. Building upon its existing partnership, Challenger said the extended agreement grants ...

Challenger duo joins Allianz Retire+

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
Allianz Retire+ has appointed two Challenger executives to the newly created role of head of group retirement solutions, client delivery. Catherine van der Veen and Lucy Foster will share the position, managing client relationships, onboarding key partners ...

TelstraSuper launches retirement product

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
TelstraSuper is now offering guaranteed income for life through a new retirement product it's partnered with Challenger on. TelstraSuper's RetireAccess Lifetime Pension provides guaranteed income for life and can be indexed for inflation or market-linked ...

Life insurance industry profits double, premiums rise: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
... Resolution Life topped the list of the highest direct profit as a percentage of revenue, recording 28.6%, followed by Challenger at 23.6% and Zurich at 10.2%. By a measure of revenue, TAL led the local life insurance market with $2.3 billion, followed ...

Challenger posts record annuity sales

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
Challenger reported Total Life sales for the first quarter reached $2.8 billion, primarily driven by record annuity sales, contributing to substantial growth in its book value. The investment manager said annuity sales jumped by 17% to $2.1 billion ...

Cost-of-living crisis will persist into future: Study

KARREN VERGARA  |  FRIDAY, 15 SEP 2023
... struggling to manage the soaring prices of goods and services, a survey conducted by National Seniors Australia and Challenger finds. The same number of participants feel this will continue in the next 12 months. Some 62% of the 6000 participants surveyed ...

ClearView reset pays dividends

KARREN VERGARA  |  WEDNESDAY, 23 AUG 2023
... business emerge as a life insurance business that is focused on protecting and optimising its position as a dynamic challenger, Gooderick said. In December 2020, ClearView awarded PIMCO a mandate to manage its insurance assets and liabilities. At the ...

Bravura hires global head of product

CASSANDRA BALDINI  |  WEDNESDAY, 23 AUG 2023
... and Nano Digital Home Loans, where he was most recently B2B group executive. Before that, he was general manager at Challenger and was responsible for the company's underlying growth strategy in the annuities and life business units, which included its ...

Challenger Life books record annuity sales

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
Challenger Life reaped the benefits of regulatory reforms in the 2023 financial year and a greying population as retail and institutional investors alike increasingly turn to retirement income products. Annuity sales stemming from the domestic retail ...