Search Results | Showing 41 - 50 of 54 results for "Nippon Life" |
| | ... streamlined process, MLC said. NAB Essential Life cover is an example of how the strategic alliance between NAB and Nippon Life - the new majority shareholder of MLC - is increasing the company's ability to meet customer needs, according to chief customer ... |
| | | A $2.4 billion sale of National Australia Bank's life insurance business to Nippon Life was finalised yesterday. Following the sale NAB said its MLC Life Insurance business would see changes to the board of parent entity, MLC Limited. Joining the MLC ... |
| | | ... demerger and IPO of Clydesdale Bank earlier in the year and with the sale of 80% of the Life Insurance business to Nippon Life nearing completion, the time was right to drive the next stage of organisational change. "We have had a very clear plan over ... |
| | | ... surpassed $100 billion in FUM. This move follows NAB selling its life insurance business, under the MLC brand, to Nippon Life; in doing so, the bank separated its investments, life insurance and superannuation arms, allowing for the simplification and ... |
| | | ... wealth management arms. Recently National Australia Bank (NAB) sold 80% of its MLC life insurance business to Japan's Nippon Life for $2.4 billion. This was followed by its demerger with Clydesdale in the UK early in 2016, a decision driven by turbulent ... |
| | | ... significantly improved results since 2013. The long-term partnership and sale of 80% of our life insurance business to Nippon Life is progressing well and remains on track for finalisation in the second half of calendar year 2016," Thorburn said. "This ... |
| | | ... UK business, Clydesdale Bank and the group is in the process of finalising the sale of 80% of its life business to Nippon Life. "NAB is a stronger, more focused bank, positioned to deliver growth for shareholders in its core markets, as we drive towards ... |
| | | Japanese life insurer Nippon Life has reported an 8% drop in ordinary profit to $2.9 billion in the six months to September 30, 2015. Nippon Life's statement attributed this to the Japanese economy "gradually [declining] due to concerns about the Chinese ... |
| | | ... executive general manager insurance David Hackett said the move was not a direct result of the recent partnership with Nippon Life. "The timing is fortunate. We've been focused on a program of changes which we always planned to culminate in price adjustment ... |
| | | ... at $3.5 billion and its remaining 20% stake at $600 million. NAB will sell 80% of the business to Japanese insurer Nippon Life. However, it will retain ownership of its superannuation, platforms, advice and asset management businesses. It will also retain ... |
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