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| | | ... North wrap platform, which is attracting good external flows. "Our focus on Asia continues to deliver results and the insurance business remains in line with guidance," Meller said. Among other results, AMP SMSF assets under administration were $19.7 ... |
| | | | AustralanSuper has made changes to its insurance, including cutting the cost of death cover and some income protection cover and changing definitions that apply to income protection. Starting May 30, members who want to claim income protection will ... |
| | | | ... company tax rate, on July 3. Following on from speculation that the bank was looking to reduce its exposure to life insurance, it has released c. $500 million of CET1 capital via a reinsurance arrangement with "a major global insurer". As a result, NAB ... |
| | | | ANZ Global Wealth profit increased 11% for the six months to May 2015, with its insurance business leading the way. ANZ's insurance business benefited from growth in in-force premiums, stable claims and improved lapse experience, the company reported. ... |
| | | | ... equities, fixed income, commodities and alternative asset classes. It also uses a volatility cap and permanent option based insurance to minimise risk and protect against losses. The existing strategy has met its objectives since its inception and now ... |
| | | | ... substantial growth, particularly in the institutional markets, [and] around the world we will have a presence where the life [insurance] office may not," he said. "Australia is a very competitive market. There are 100 fund managers here and we need the ... |
| | | | The Financial Planning Association of Australia (FPA) has released its life insurance blueprint paper discussing its aim to drive competitive, professional, and valuable service to Australian consumers. "Remuneration for insurance work should be compensated ... |
| | | | The advice industry is divided over how to fund an insurance scheme to compensate clients who receive bad advice. A rise in professional indemnity premiums is only compounding the problem. Senators Nick Xenophon and Sam Dastyari proposed a statutory ... |
| | | | ... global investment service has reached $1.3 billion since it was launched in 2012. Life in-force premium and general insurance gross written premium saw growth of 13% and 8% respectively. A Life Insurance lapse rate of 12.8% (as of September 2014) stacks ... |
| | | | ... Before joining AMP where he was chief executive between 2008 and 2013, Dunn was chief executive of a Malaysian based insurance company tied to Colonial Limited. |
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