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Showing 21 - 30 of 392 results for "Insurance Business"

ClearView reset pays dividends

KARREN VERGARA  |  WEDNESDAY, 23 AUG 2023
... execution of ClearView's simplification and transformation strategy now sees the business emerge as a life insurance business that is focused on protecting and optimising its position as a dynamic challenger, Gooderick said. In December 2020, ClearView ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... AMP and Munich Re declined to comment. In 2016, as part of its strategy to bolster its underperforming life insurance business, AMP Life executed a binding quote share agreement with Munich Re. The deal saw Munich Re reinsure half of AMP Life's retail ...

Bombora, Morrows partner on risk advice

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2023
Advice groups Morrows and Bombora have joined forces to create a dedicated risk insurance business. Morrows Risk Insurance will operate as a division of Morrows, licensed by Bombora, and leveraging the expertise of both firms to deliver tailored risk ...

Insurance firms defy inflationary shocks

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2023
... evidence of higher prices being paid," Radar Results chief executive John Birt said. "Every time, we get a risk insurance business, it will be sold within about 24 hours." Birt added that the reason why there is such a high demand for life insurance ...

Westpac closes Specialist Businesses Division

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2023
Westpac has decided to fold the Specialist Businesses Division that once housed its platforms, superannuation and insurance businesses, redeploying its lead Jason Yetton. The bank has restructured in support of its next strategic phase, chief executive ...

Zurich fills newly created executive role

ANDREW MCKEAN  |  TUESDAY, 13 JUN 2023
... enterprise-wide responsibilities for all claims teams and functions across Zurich's Retail Life, Group Life, and General Insurance business segments. He will report directly to Zurich chief executive Justin Delaney. Paterson has over 20 years' industry ...

Farewell Michael Harrison

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2023
... abroad, and author of several books. In 1997, Harrison was tasked with reinventing Zurich's Australian life insurance business; it is now the third-largest life insurer in Australia, according to Plan for Life data. Most recently, Harrison served ...

ClearView enhances ClearChoice products

CASSANDRA BALDINI  |  MONDAY, 27 MAR 2023
... in definition at age 65. ClearView explained the enhancements coincide with strong new sales across its life insurance business, reporting $11.3 million in new business for the six months to 31 December 2022, up 9% on the previous corresponding period. ...

Westpac updates on strategic priorities

CASSANDRA BALDINI  |  MONDAY, 7 NOV 2022
... insurance businesses. It said it has progressed the sale of three businesses in the past year, including its life insurance business to TAL, and also offloaded its superannuation division to Mercer. In relation to the long-awaited sale of BT Panorama ...

NEOS Life appoints sales, culture leads

JAMIE WILLIAMSON  |  WEDNESDAY, 10 AUG 2022
... Canada and MLC Life, as well as serving as head of acquisitions and client services within AMP's group insurance business. "He's passionate about the benefits life insurance provides to families and communities, and is keen to bring that passion ...