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Showing 311 - 320 of 392 results for "Insurance Business"

CFS platforms gain $1.9bn net flows

MICHAEL HOBBS  |  WEDNESDAY, 10 FEB 2010
... division's underlying net profit after tax rose 20 per cent compared with the six months previous. The life insurance business attracted new business but AustralianSuper dropping its $130 million insurance mandate with the firm offset this flow. As a ...

Aviva key personnel disbanded after NAB buy

MICHELLE BALTAZAR  |  MONDAY, 1 FEB 2010
More than six months on since NAB bought Aviva Australia's Navigator platform and insurance business, at least three key Aviva personnel have left or about to leave, while five have assumed new roles within NAB's businesses. Allan Griffiths, chief executive ...

Aviva UK restructures insurance

COMPANY RELEASE  |  FRIDAY, 27 NOV 2009
UK-based Aviva is restructuring its business to bring its life and general insurance businesses closer together to benefit from the company's scale. The new structure means both the life and general insurance businesses in the UK will have a shared ...

Planners flock to WriteAway

COMPANY RELEASE  |  TUESDAY, 17 NOV 2009
... underwriting service, WriteAway, is proving a hit with the insurer's aligned planners with more than 50 per cent of insurance business being written through the service. WriteAway, which was launched by CommInsure in July this year, experienced a lodgement ...

No let up in ING asset sales

ALEX DUNNIN  |  WEDNESDAY, 11 NOV 2009
... business to OCBC, sold their Swiss private banking business to Julius Baer, sold their Australian and New Zealand insurance business to ANZ, sold their Chilean annuity and mortgage business to Corp Group Vida Chile SA, and sold ING Canada. Driving this ...

MLC FUM falls 19pc, in-force premiums rise

MICHAEL HOBBS  |  WEDNESDAY, 28 OCT 2009
... capital in the life business, dropped by 37 per cent or $79 million over the year to September Across MLC's insurance business, which includes personal and group risk insurance, gross income rose by $32 million or three per cent to $1 billion. Average ...

ANZ buys ING Aus for $1.76bn

MICHELLE BALTAZAR  |  FRIDAY, 25 SEP 2009
... group also divesting its operations in Canada and Taiwan. ING said that it will continue to strengthen its life insurance business in Asia-Pacific. ANZ's billion-dollar acquisition comes seven years after it sealed the joint venture with ING's local ...

MLC wins Sisters of Mercy mandate

COMPANY RELEASE  |  TUESDAY, 22 SEP 2009
... the end of June last year, will see MLC provide upgrades to benefits and cover for members. "When we put our insurance business out to the market we were very clear about what we wanted to achieve for our members," said Sisters of Mercy Staff Superannuation ...

IOOF profits down, to divest life insurance...

MICHAEL HOBBS  |  THURSDAY, 27 AUG 2009
... to $16.5 billion. Chris Kelaher, managing director at IOOF, said the firm plans to sell the company's life insurance business. "The sale of these assets simplifies our business and allows IOOF to focus on its core skill set of superannuation administration ...

AXA ramps up million-dollar insurance strategy

MICHAEL HOBBS  |  THURSDAY, 13 AUG 2009
... firm was doubling its previous $3 million to $5 million investment each year into the financial protection and insurance business to improve the firm's insurance rankings. Now at the halfway mark, not only has the firm experienced significant increases ...