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Showing 21 - 30 of 66 results for "Nippon Life"

MLC Life appoints executive

KANIKA SOOD | WEDNESDAY, 13 JAN 2021

... Rodney Cook, who joined in June last year. "Michael's appointment, in addition to the recent capital injection from Nippon Life and NAB, demonstrates that we are on the right path, despite the fast-changing operating environment we face," Cook said. ...

MLC Life Insurance raises $650 million

KANIKA SOOD | WEDNESDAY, 6 JAN 2021

The insurer received a $650 million capital injection just before Christmas, as its majority owner Nippon Life sees the risk of MLC Life's "stagnant" business performance continuing beyond 2021. The raise includes $530 million in ordinary equity, priced ...

MLC Life names new chief executive

JAMIE WILLIAMSON | THURSDAY, 4 JUN 2020

... These are challenging times for all Australians and their life insurers," he said. "With the continued support of Nippon Life and NAB, and significant ongoing investment in our technology and processes, I aim to deliver outstanding service to our 1.3 ...

AIA income protection premiums jump

ELIZABETH MCARTHUR | FRIDAY, 14 FEB 2020

... customers have been required to pay for income protection over the last two years. Earlier this year, MLC Life owner Nippon Life reported to the Tokyo stock exchange that deteriorating conditions in the Australian life insurance industry are to blame ...

MLC Life chief steps down

JAMIE WILLIAMSON | WEDNESDAY, 22 JAN 2020

... its establishment as a standalone life insurer whilst separating from the National Australia Bank and joining the Nippon Life Insurance Group," MLC Life said. "This has been a complex and difficult task and has required enormous personal time and energy ...

MLC Life Insurance under review

ELIZA BAVIN | TUESDAY, 7 JAN 2020

... facing deteriorating profitability in relation to income protection products, according to MLC Life Insurance owner Nippon Life. The Japan-based majority shareholder of MLC Life purchased the business off National Australia Bank in 2015, though the two ...

MLC Life wins group insurance mandate

KARREN VERGARA | WEDNESDAY, 22 MAY 2019

... the deal is an important sign of MLC Life's growing strength in the group insurance market. "As a member of the Nippon Life Group of companies, we're investing significantly in our people, processes and technology, deploying over $500 million ...

NAB, Nippon lock heads over MLC

KARREN VERGARA | THURSDAY, 2 MAY 2019

The National Australia Bank is clashing with Nippon Life about spinning off MLC as a standalone entity, admitting it is amid "disputing" contractual obligations. NAB revealed in its March 2019 interim financial results this morning a number of disputes ...

MLC expands customer experience efforts

HARRISON WORLEY | THURSDAY, 17 JAN 2019

... customers' transformation practice lead would prove "instrumental." "With the backing and significant investment of Nippon Life, we are committed to delivering a great experience for our customers," he said. "Attracting talent like Louise, who has an ...

MLC Life welcomes board member

DARREN SNYDER | WEDNESDAY, 16 JAN 2019

... Infosys Australia from 2008 to 2014. MLC Life Insurance chair Peter Grey said the backing and significant investment of Nippon Life means the insurer is committed to "leading Australia's life insurance industry in technology and innovation in order to ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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