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Showing 11 - 20 of 29 results for %22Mitsui Sumitomo%22

CBA sells interests in Chinese insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAY 2018
... joint venture for $668 million. CBA sold its 37.5% equity interest in BoComm Life Insurance to Japanese insurer Mitsui Sumitomo as per a condition of the bank's sale of its Australian and New Zealand life insurance businesses to AIA Group announced in ...

Challenger flags new Fidante partnership, record profit

ALEX BURKE  |  TUESDAY, 13 FEB 2018
... under management (up 18% to $76.5 billion) and life sales (up 21% to $3.3 billion). The 20-year maturity with Mitsui Sumitomo Primary Life Insurance Company, announced in 2016, accounted for 17% of 2018 first-half life sales. Challenger chief executive ...

Annuity sales boost Challenger results

KARREN VERGARA  |  TUESDAY, 15 AUG 2017
... product offerings. Long-term sales, which include lifetime annuities and 20-year maturity from its Japanese business Mitsui Sumitomo Primary Life Insurance or MS Private, accounted for 40% of life sales. In October 2016, Challenger entered into an annuity ...

QIC closes renewable energy fund

JAMIE WILLIAMSON  |  THURSDAY, 19 JAN 2017
... upon completion. The lenders to Silverton Wind Farm are Westpac Banking Corporation, National Australia Bank, Sumitomo Mitsui Banking Corporation, Mitsubishi UFJ Financial Group, Societe Generale and DBS Bank. Adding to the $800 million commitment from ...

CBA finances wind farm construction

JAMIE WILLIAMSON  |  FRIDAY, 16 DEC 2016
... is co-financing the project with the Clean Energy Finance Corporation, CWP Renewables, Partners Group, Japan's Sumitomo Mitsui Banking Corporation and Denmark's export credit agency EKF to build the Sapphire Wind Farm in the Great Dividing Range region ...

Challenger reveals key annuity relationships

KERRIE SYDEE  |  THURSDAY, 27 OCT 2016
... will now be available through AMP's investment and administration platforms and will also be available through Mitsui Sumitomo Primary Life Insurance Company (MS Private) - a provider of Australian dollar annuity and life insurance products in Japan. ...

Negative interest rates drive spike in safe sales

MARK SMITH  |  THURSDAY, 9 JUN 2016
... to businesses. Instead, there are early signs banks will just pass the fees onto customers. One Japanese bank, Sumitomo Mitsui Financial Group, has reduced its ordinary-deposit rate to 0.001% from 0.02%. That means the equivalent of a $1,000 deposit ...

Hastings partners with Japanese bank

JAMES FERNYHOUGH  |  WEDNESDAY, 10 DEC 2014
Hastings Funds Management has partnered with the largest trust bank in Japan, Sumitomo Mitsui Trust Bank (SuMi Trust), to invest in infrastructure debt opportunities in Europe. Under the partnership, Hastings and Tokyo-based SuMi Trust have already ...

Standard Life Inv advises caution on Japan

MARK SMITH  |  FRIDAY, 15 MAR 2013
... than 'owning' them for the longer term," he said. Shigeru Oshita, chief portfolio manager Japanese equities for Sumitomo Mitsui Trust Bank, said: "We should look at how seriously the country deals with reforms. It is too early to come to a firm conclusion ...

RBS signs MOU for sale of Asian assets

MELANIE TIMBRELL  |  FRIDAY, 2 MAR 2012
... been selling off its non-core assets, including last month's sale of its aircraft leasing division to Japan's Sumitomo Mitsui Banking Corporation for US$7.3 bn.