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Showing 1 - 10 of 392 results for "Insurance Business"

Strategic simplification lifts ClearView's profits

MATTHEW WAI  |  THURSDAY, 26 FEB 2026
... "disciplined strategic simplification and transformation" as the driver of the growth. Underlying NPAT for the life insurance business was up 59% at a margin of 11.2% (up 3.2%) to $24.1 million. Gross premium revenue was $215.6 million, a 13% increase ...

Acenda announces two C-suite appointments

MATTHEW WAI  |  WEDNESDAY, 11 FEB 2026
... 2024. He has previously served as group executive of life insurance at ClearView Wealth, where he led the life insurance business for three years. Kerr also held senior leadership roles at Zurich, ANZ Wealth (OnePath Life), and Asteron. Meanwhile, Acenda ...

AMP to pay $29m to settle class action

RIDDHIMA TALWANI  |  THURSDAY, 11 DEC 2025
AMP has settled a class action brought by Shine Lawyers in 2020, which claimed the firm's financial advisers breached their fiduciary and statutory duties to an estimated 100,000 clients. The AMP commissions and insurance class action was commenced ...

PPS Mutual appoints head of distribution

KARREN VERGARA  |  MONDAY, 24 NOV 2025
... where he was chief financial officer and director between 2009 and 2013. He also co-founded specialist risk insurance business Australian Life Insurance Group. Prior to that, Pillemer worked at Westpac in senior roles. Pillemer said: "Having been part ...

AustralianSuper names chief financial officer

MATTHEW WAI  |  FRIDAY, 21 NOV 2025
AustralianSuper has named a new chief financial officer, who will commence in December. Jessica Chen, the current general manager of financial performance at QBE Insurance, will join the $400 billion super fund as chief financial officer, bringing two ...

HSBC awarded Allianz Australia mandate

ELIZA BAVIN  |  THURSDAY, 14 AUG 2025
HSBC has been appointed global custodian and fund administrator for the general and life insurance businesses of Allianz operating in Australia. Allianz Australia selected HSBC after a competitive tender which was designed to identify a securities services ...

Dai-ichi Life acquires 15% of M&G

JAMIE WILLIAMSON  |  MONDAY, 2 JUN 2025
... to become a global top-tier insurance group. "M&G possesses not only a reputable and long-established life insurance business, but comprehensive asset management solutions in both public and private markets. With this alliance, we are bringing together ...

Warren Buffett to retire, recommends successor

KARREN VERGARA  |  MONDAY, 5 MAY 2025
... 2018. Back in 2021, Buffett already flagged Abel as his preferred successor. Ajit Jain, who leads Berkshire's insurance business, was also touted as a potential contender. During the shareholder meeting, Abel said: "As I've said in the past, [I couldn't] ...

KKR, Capital Group debut first public-private investment products

ANDREW MCKEAN  |  WEDNESDAY, 30 APR 2025
... clients outside the US." Capital Group is also exploring how it can work more closely with KKR to support its insurance business.

Acenda forms innovation function to create new insurance propositions

ANDREW MCKEAN  |  TUESDAY, 29 APR 2025
Acenda, created pending the merger of MLC Life Insurance and Resolution Life Australasia, has formed an innovation function led by a Suncorp veteran. Acenda said the new division will initially focus on supporting the development of new insurance propositions ...
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