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Showing 51 - 60 of 84 results for "Nippon"

MLC takes axe to life insurance premiums

DARREN SNYDER  |  MONDAY, 23 NOV 2015
... 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 ...

MLC insurance sale to cost NAB $1.5bn

LAURA MILLAN  |  THURSDAY, 29 OCT 2015
... business 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 ...

NAB sells insurance business to Nippon Life

LAURA MILLAN  |  WEDNESDAY, 28 OCT 2015
National Australia Bank (NAB) has sold 80% of its MLC life insurance business to Japanese insurer Nippon Life for $2.4 billion. NAB will retain ownership of its superannuation, platforms, advice and asset management businesses. It will also retain the ...

NAB enters into MOU with Nippon Life

ALEX BURKE  |  THURSDAY, 15 OCT 2015
NAB has entered into a memorandum of understanding with Nippon Life to build a life insurance partnership. The goal, according to NAB's ASX statement, is to "[enter] a long-term partnership in life insurance product manufacturing," although NAB added ...

Japanese life giant to acquire rival

ALEX BURKE  |  MONDAY, 21 SEP 2015
Nippon Life has announced it has reached an agreement to acquire Mitsui Life. Following industry speculation in August that Nippon, Japan's second-biggest life insurer, was planning to acquire Mitsui in September, the two companies have jointly announced ...

Damned lies and (actual) stats

BENJAMIN ONG  |  MONDAY, 18 MAY 2015
... of untruths but in wishful thinking - hoping and wishing and praying that someday, one day, it's prophecy for a stronger Nippon would become self-fulfilling. Banzai! In its April monetary policy statement for instance, the BOJ stated that, "Business ...

Fund managers eye 'cheap' Japan

MATT WOODINGTON  |  THURSDAY, 10 MAR 2011
... but we think that these are cheaper investments and the barriers to entry are low," said Lowenstein. Merger talks between Nippon Steel and Sumitomo Metal industries have raised expectations of industry consolidation, raising equity prices although political ...

Market Wrap - Morning

AAP  |  THURSDAY, 3 MAR 2011
... Ben Bernanke. The oil price rises hurt Asia's airlines, with Hong Kong's Cathay Pacific Airways falling 2.5 per cent. All Nippon Airways dropped 3.1 per cent in Tokyo and China Airlines fell by equal measure in Taipei. And in China the rises are stoking ...

Market Wrap - Morning

AAP  |  TUESDAY, 8 FEB 2011
... exporters on the back of a weakening yen as well as merger activity -- stoked by reports last week of tie-up talks between Nippon Steel and Sumitomo Metal Industries. The fall in the jobs rate was enough to send dealers into the dollar instead of the ...

Market Wrap - Morning

AAP  |  TUESDAY, 8 DEC 2009
... hold annual general meetings. ExxonMobil-led liquefied natural gas (LNG) project partners, Santos Ltd, Oil Search Ltd, Nippon Oil, Resources Development Co and Petromin PNG Holdings decision is due on their LNG project in Papua New Guinea. On Monday ...