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Showing 81 - 90 of 191 results for %22OnePath Life%22

Direct life insurance failing consumers: ASIC

KARREN VERGARA  |  THURSDAY, 30 AUG 2018
... examined and included: CommInsure, ClearView Life Assurance, NobleOak Life, Suncorp Life & Superannuation, TAL Life, and OnePath, St Andrew's Life Insurance and its distributor Select AFSL, and Hannover Life Re. After listening to more than 540 recorded ...

Life insurance sector strengthens

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
... continue to gain the lion's share of Australia's life insurance industry, as the recent sale of CommInsure and OnePath is set to boost foreign ownership from less than half to 66%. According to the Life Insurance Insights report, foreign-controlled ...

Foreign owners take over life insurance: KPMG

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... continue to gain the lion's share of Australia's life insurance industry, with the recent sale of CommInsure and OnePath set to boost foreign ownership from less than half to 66%, KPMG research shows. According to the Life Insurance Insights ...

Zurich names executive lineup for new business

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... another major milestone on Zurich's journey to become Australia's leading retail life insurer. "Our acquisition of the OnePath Life business reflects both our commitment to the Australian life insurance market and our belief in the underlying quality ...

Members abandon bank-aligned group insurers

KARREN VERGARA  |  TUESDAY, 5 JUN 2018
... insurance offerings, this will likely lead to the next market share shake up, Rainmaker noted. Large insurers such as MLC and OnePath are pursuing different growth strategies in the group insurance market under new ownership, while AIA Group's acquisition ...

ANZ adds to OnePath capability

HARRISON WORLEY  |  THURSDAY, 31 MAY 2018
... give trustees and members self-service capability," Kerr said. Yesterday ANZ announced it would be selling its NZ OnePath life business.

ANZ sells NZ life insurance business

ALEX BURKE  |  WEDNESDAY, 30 MAY 2018
ANZ has agreed to sell its OnePath Life New Zealand business to a US-based global insurer. Cigna Corporation will acquire OnePath Life for NZ$700 million, which ANZ said represents a "slight premium to embedded value and is expected to generate a gain ...

Mental health to transform life insurance: ANZ Wealth

KARREN VERGARA  |  FRIDAY, 11 MAY 2018
... our customer offering for early engagement in mental health claims to be market leading," she said. In November 2017, OnePath launched its mental health coaching pilot for OneCare income protection customers in partnership with Remedy Healthcare. Customers ...

ANZ considering buy-back with life insurance paycheck

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... received about $1 billion in reinsurance payments - the first tranche of a $2.85 billion transaction which includes the OnePath Life sale to Zurich. This results in an increase of about 25 basis points in ANZ's APRA Common Equity Tier 1 Capital. "Having ...

ANZ, NAB bottom lines take a hit

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... million of treasury shares adjustment), while the balance comprises future separation transaction costs. The bank offloaded OnePath pensions and investments and aligned dealer groups to IOOF, and the life insurance arm to Zurich in October and December ...