Search Results | Showing 1 - 10 of 57 results for "Annuity sales" |
| | | ... billion in the March quarter. The annuities business fared better with life sales rising by 19% to $1.7 billion. Annuity sales grew by 10% to $1.1 billion, driven by strong domestic annuity and offshore reinsurance annuity sales. Local annuity sales ... |
| | | | ... retirement income." Hamilton added that Challenger remains focused on international growth opportunities, saying offshore annuity sales have reached record levels. "We are actively growing our partnership with MS Primary through an expansion of our Bermuda ... |
| | | | Challenger saw strong growth in annuity sales but its assets and funds under management fell in the third quarter of FY25. Challenger's funds under management were $115.2 billion, a $5.9 billion drop, mainly due to negative market movements, but also ... |
| | | | ... this year. Hamilton also noted that the Life business maintained its momentum, with record lifetime and Japanese annuity sales contributing to total Life sales of $4.6 billion. "Our focus on longer duration sales has lengthened the tenor of our liabilities ... |
| | | | ... have surpassed $200 million in investment bond inflows in a quarter, and we also saw an increase in our lifetime annuity sales." Sales for its LifeIncome product are also up 28%, with the total LifeIncome FUM now at $42 million. This is also driven by ... |
| | | | ... net profit after tax (NPAT), which UBS analysts highlighted as a "key number" was up 14% to $417 million. However, annuity sales, also considered a key figure, were down 6% to $5.2 billion. Challenger managing director and chief executive Nick Hamilton ... |
| | | | Challenger reported Total Life sales for the first quarter reached $2.8 billion, primarily driven by record annuity sales, contributing to substantial growth in its book value. The investment manager said annuity sales jumped by 17% to $2.1 billion ... |
| | | | ... greying population as retail and institutional investors alike increasingly turn to retirement income products. Annuity sales stemming from the domestic retail market jumped 53% to $3.6 billion in FY23, split across retail term annuity sales of $2.9 ... |
| | | | ... regulated in Australia, is significant," Hamilton said. The deal will be reflected in Challenger's Q1 FY24 lifetime annuity sales results, it said. The group's Q3 FY23 results showed lifetime annuity sales increased 36% to $147 million, however ... |
| | | | In an ASX announcement, Challenger reported a significant uptick in retail annuity sales in quarter three. Challenger's total Life sales were $2 billion, reflecting strong retail and Japanese sales. However, institutional sales ($1 billion) fell ... |
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