Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 301 - 310 of 392 results for "Insurance Business"

Northern Trust wins $1.8bn custody mandate

COMPANY RELEASE  |  TUESDAY, 15 JUN 2010
Northern Trust won the global custody and investment accounting mandate of $1.8 billion insurance firm, Beazley. Beazley is one of Lloyd's top five managing agents. The firm writes insurance and reinsurance business in the US through Lloyd's syndicates ...

INGIM tackles retail, welcomes regulatory changes

RUTH LIEW  |  FRIDAY, 11 JUN 2010
Steven Billiet, chief executive of less than six months at ING Investment Management in Australia, gives an update on the firm's distribution strategy and says the company is well-placed to compete with the incumbents amid regulatory reforms. Billiet ...

INGIM builds distribution from ground up

MICHELLE BALTAZAR  |  WEDNESDAY, 5 MAY 2010
ING Investment Management (INGIM) is in the market for more staff, including BDMs, as it rolls out an ambitious wholesale distribution strategy to be led by former Genesys deputy head Jim McKay. McKay's appointment was announced today, less than a week ...

Asteron leaves KiwiSaver market

COMPANY RELEASE  |  FRIDAY, 30 APR 2010
... members move to this option. Carroll said the firm is focused on growing its core life and income protection insurance business. The New Zealand arm of Asteron has more than $1.1 billion in FUM and provides financial protection to over 200,000 client ...

NAB a step closer to buying AXA

COMPANY RELEASE  |  WEDNESDAY, 31 MAR 2010
National Australia Bank has reached binding terms with French company AXA and AXA Asia Pacific to buy the firms' Australian and New Zealand businesses for $4.6 billion. According to a press statement released yesterday, the deal includes a proposal ...

BOQ buys St Andrews insurance

COMPANY RELEASE  |  MONDAY, 29 MAR 2010
Bank of Queensland has bought St Andrew's Insurance from the Commonwealth Bank of Australia. The deal means Bank of Queensland to buy the consumer credit insurance and life insurance products that St Andrews distributes. St Andrew's has a annual gross ...

ING focuses on executive governance

MICHAEL HOBBS  |  THURSDAY, 18 MAR 2010
... banking and insurance businesses, which resulted in the parent company selling their Australian and New Zealand insurance business to ANZ.

Prudential back in town

MICHELLE BALTAZAR  |  TUESDAY, 2 MAR 2010
Financial services giant Prudential will be the new owner of AIA Group (AIA), the Australasian life insurance businesses of AIG Group, in a deal worth US$35.5 billion - a move that potentially brings the Prudential name back in Australia after 12 years ...

Market Wrap - Morning

AAP  |  TUESDAY, 2 MAR 2010
... Greece. The market got a lift Monday after American International Group Inc. agreed to sell its Asian life insurance business to Britain's Prudential PLC for $US35.5 billion ($A39.53 billion). It's the biggest deal yet made by the insurer since it received ...

Aus Unity improves customer software

PRESS RELEASE  |  WEDNESDAY, 24 FEB 2010
... officer at Australian Unity, said firms must update their technology to stay ahead of the competition. "The insurance business is constantly evolving and is an incredibly competitive environment and process centric CRM solutions like Ciboodle help Australian ...