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Showing 351 - 360 of 6952 results for "Insurance"

BNP Paribas wins new custody mandate

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
... oversees US$13.7 trillion in assets under custody, said the mandate aligns with its focus on expanding services for insurance clients in Australia. The bank currently provides custody services to three of the top five insurers in Australia. The mandate ...

Financial services chips away at gender pay gap: WGEA

KARREN VERGARA  |  TUESDAY, 4 MAR 2025
... gap, although the WGEA says that they are making an effort. Financial services - which the WGEA classifies as finance, insurance, and superannuation organisations - slightly narrowed the gap from 23.6% in the prior corresponding period. The industries ...

ClearView Wealth's profit bleeds 22% in HY25

MATTHEW WAI  |  FRIDAY, 28 FEB 2025
ClearView Wealth's profit took a blow with its underlying net profit after tax (UNPAT) down 22% to $15.2 million in the six months to 31 December 2024, saying the slump was due to an "aberration" in the claims experience in the first quarter of FY25. ...

Annuities' capital settings due for change: APRA

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
... capital requirements for annuity products, provided certain risk controls are in place," APRA said. At its July 2024 life insurance roundtable, participants pointed out that aspects of the capital framework are more restrictive than those in overseas ...

Family office CIO joins Heritvest

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
... senior roles at National Australia Bank and BNP Paribas. Nassios started his career as an actuarial analyst in life insurance and annuities and later moved to superannuation and investments. A career shift in 2006 resulted in working for the Myer family ...

'Less revenue for us': AustralianSuper on closing multiple accounts

ELIZA BAVIN  |  THURSDAY, 27 FEB 2025
... 2019 and 11 May 2023. More than 90,000 members incurred $69 million in losses from multiple administration fees and insurance premiums and investment earnings.

TAL taps ex-CBA deputy as chair

ANDREW MCKEAN  |  WEDNESDAY, 26 FEB 2025
... non-executive director of MLC Super, president and chair of the Actuaries Institute, and president and chair of the Life Insurance Association of Singapore. King has experience in insurance, wealth management, superannuation, investments, and broader ...

Acenda names inaugural chair

MATTHEW WAI  |  WEDNESDAY, 26 FEB 2025
MLC Life Insurance has announced who will chair the insurer when it becomes Acenda. MLC Life Insurance, soon becoming Acenda through the merger with Resolution Life Australia, has appointed Craig Dunn to the position and will take effect upon the completion ...

PIMCO local managing director to step down

KARREN VERGARA  |  MONDAY, 24 FEB 2025
... Stewart was in the role for nearly 18 months before he moved on to become the chief executive of Allianz Australia Life Insurance. Mead will stay on until the end of the year. PIMCO also confirmed that Sam Watkins takes over from Mead as head of Australia. ...

UniSuper targets 'missing middle' with new digital advice offering

ANDREW MCKEAN  |  FRIDAY, 21 FEB 2025
... has formed a strategic partnership with Ignition Advice to provide its members with personal advice on superannuation, insurance, investments, and retirement options. The $149 billion industry fund said the partnership expands its financial advice offering ...