Search ResultsShowing 1 - 10 of 32 results for "AIA Group"
CommInsure sale stalls, sold for discount
KARREN VERGARA  |  FRIDAY, 23 AUG 2019
... experiences delays and regulatory roadblocks. The banking group today announced its divestment of CommInsure Life to AIA Group is facing an "extended period of uncertainty" as a result of pending foreign regulatory approvals. It unveiled a revised agreement ...
Life insurance sector strengthens
KARREN VERGARA  |  FRIDAY, 24 AUG 2018
... acquiring 80% of MLC Life Insurance in 2015. CBA sold 100% of its Australian and New Zealand life insurance businesses to AIA Group for $3.8 billion . The sale of CommInsure Life and Sovereign also includes a 20-year bancassurance partnership with AIA ...
Foreign owners take over life insurance: KPMG
KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... acquiring 80% of MLC Life Insurance in 2015. CBA sold 100% of its Australian and New Zealand life insurance businesses to AIA Group for $3.8 billion. The sale of CommInsure Life and Sovereign also includes a 20-year bancassurance partnership with AIA ...
Members abandon bank-aligned group insurers
KARREN VERGARA  |  TUESDAY, 5 JUN 2018
... as MLC and OnePath are pursuing different growth strategies in the group insurance market under new ownership, while AIA Group's acquisition of CommInsure will potentially rationalise and sharpen the combined entity in the group insurance space. ...
CBA sells interests in Chinese insurer
JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAY 2018
... Mitsui Sumitomo as per a condition of the bank's sale of its Australian and New Zealand life insurance businesses to AIA Group announced in September 2017. The bank anticipates the transaction will result in an indicative after tax gain of about $450 ...
CBA mulls sale of Indonesian life business
JAMIE WILLIAMSON  |  TUESDAY, 3 APR 2018
... million in profit for the year. The move follows CBA's decision to offload its Australia and New Zealand life business to AIA Group in September last year. The $3.8 billion sale of CommInsure Life and Sovereign included a 20-year bancassurance partnership ...
Former AustralianSuper risk head joins AIA ahead of CommInsure acquisition
ALEX BURKE  |  TUESDAY, 12 DEC 2017
... as AIA solutions. The sale increases AIA's position as one of the biggest life insurers in the Asia-Pacific region. AIA Group chief executive and president Ng Keng Hooi said it will "strengthen AIA's protection market leadership and expand our distribution ...
AIA appoints regional head of IFA
EMMA RAPAPORT  |  THURSDAY, 7 DEC 2017
... 2014, will be responsible for the growth strategy across Asia, New Zealand and Australia and will be seconded to the AIA Group in Hong Kong. Kristen Lennis-Harvey, head of strategic partnerships, will take on the role of acting head of IFA distribution ...
AIA announces two-year fee waiver
KARREN VERGARA  |  MONDAY, 4 DEC 2017
... Diabetes Australia. Active Benefits rewards members a $5 voucher each week once a physical activity target is met. AIA Group recently acquired Commonwealth Bank's Australian and New Zealand life insurance businesses for $3.8 billion, positioning it to ...
AIA Vitality launches charitable option
KARREN VERGARA  |  WEDNESDAY, 18 OCT 2017
... embrace shared value in championing Australia and New Zealand to be the healthiest nations in the world," Smith said. AIA Group recently acquired Commonwealth Bank's Australian and New Zealand life insurance businesses for $3.8 billion , positioning ...
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