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Showing 391 - 400 of 7045 results for "Insurance"

Warren Buffett to retire, recommends successor

KARREN VERGARA  |  MONDAY, 5 MAY 2025
... of Berkshire Hathaway Energy, joining the group in 2000. He has served as Berkshire Hathaway's vice chair for non-insurance operations and was appointed to Berkshire's board of directors in 2018. Back in 2021, Buffett already flagged Abel as ...

Wealth managers' recovery looks promising: Research

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
... incumbent platforms losing market share to specialist platforms," it said. Challenger, meanwhile, stands out for its life insurance-led business model and longevity growth options. But the wealth manager "needs to lift returns." Morgan Stanley said Challenger ...

TWG Global takes stake in Mubadala Capital

JAMIE WILLIAMSON  |  FRIDAY, 2 MAY 2025
... "strategic investment alliance" to drive long-term value creation. TWG Global has interests across financial services, insurance, AI and technology, sports and entertainment, and energy. It has an enterprise value of over $62 billion (US$40bn), and its ...

ART promotes high-profile retirement specialist

ELIZABETH FRY  |  THURSDAY, 1 MAY 2025
... bodies and government. Van Wyk landed at ART from QSuper, where he spent 12 years - on the liability side - joining as an insurance analyst. He is a fellow of the Institute of Actuaries of Australia and the Institute of Actuaries in the UK. The pension ...

Frontier Advisors lands major mandate from asset management giant

ANDREW MCKEAN  |  THURSDAY, 1 MAY 2025
... Frontier Advisors has won a mandate from Japan's $350 billion Nissay Asset Management, which is part of the Nippon Life Insurance Group. The mandate will allow Nissay to tap into Frontier's institutional intelligence to support its pension clients. ...

KKR, Capital Group debut first public-private investment products

ANDREW MCKEAN  |  WEDNESDAY, 30 APR 2025
... solutions to clients outside the US." Capital Group is also exploring how it can work more closely with KKR to support its insurance business.

AFCA highlights 'pattern of delays' in super

ELIZA BAVIN  |  TUESDAY, 29 APR 2025
... prevent largescale account access issues affecting members," AFCA said. AFCA also warned funds about system errors within insurance policies. In one case, a system error in a super fund's insurance cancellation process led to the erroneous cancellation ...

Acenda forms innovation function to create new insurance propositions

ANDREW MCKEAN  |  TUESDAY, 29 APR 2025
Acenda, created pending the merger of MLC Life Insurance and Resolution Life Australasia, has formed an innovation function led by a Suncorp veteran. Acenda said the new division will initially focus on supporting the development of new insurance propositions ...

Future Group confirms more mergers ahead, undertakes review

JAMIE WILLIAMSON  |  THURSDAY, 24 APR 2025
... small MLC product. The Zurich Master Superannuation Plan will be merged into the Smart Future Trust alongside the MLC Insurance Only product that currently sits inside an Insignia Financial fund. Equity Trustees serves as trustee of both the Smart Future ...

Macquarie divests North America, Europe asset management units to Nomura

KARREN VERGARA  |  TUESDAY, 22 APR 2025
... the stock in the three companies for an all-cash purchase transaction. Half the investors are retail, 35% are from the insurance channel and the remaining 15% are institutional. MAM said it will retain its public investments business in its home market ...