|Search Results||Showing 1 - 10 of 73 results for "Nippon"|
|... more customers have been required to pay for income protection over the last two years. Earlier this year, MLC Life owner Nippon Life reported to the Tokyo stock exchange that deteriorating conditions in the Australian life insurance industry are to ...|
|... Group. Argo fully exited its position in Automotive Holdings Group (taken over by AP Eagers), DuluxGroup (taken over by Nippon Paint) and Incitec Pivot, and sold holdings in Milton Corporation and Nufarm. These sales and takeovers brought in $65 million ...|
|... executive, its establishment as a standalone life insurer whilst separating from the National Australia Bank and joining the Nippon Life Insurance Group," MLC Life said. "This has been a complex and difficult task and has required enormous personal time ...|
|... is facing deteriorating profitability in relation to income protection products, according to MLC Life Insurance owner Nippon Life. The Japan-based majority shareholder of MLC Life purchased the business off National Australia Bank in 2015, though the ...|
|... be identified. The legislation was tabled later in the year and passed both houses of parliament on October 14. 6. NAB, Nippon lock heads over MLC In May, it was revealed NAB and Nippon were struggling with agree on spinning MLC off as a standalone entity. ...|
|... commented the deal is an important sign of MLC Life's growing strength in the group insurance market. "As a member of the Nippon Life Group of companies, we're investing significantly in our people, processes and technology, deploying over $500 ...|
|The National Australia Bank is clashing with Nippon Life about spinning off MLC as a standalone entity, admitting it is amid "disputing" contractual obligations. NAB revealed in its March 2019 interim financial results this morning a number of disputes ...|
|... insurance customers' transformation practice lead would prove "instrumental." "With the backing and significant investment of Nippon Life, we are committed to delivering a great experience for our customers," he said. "Attracting talent like Louise ...|
|... Infosys Australia from 2008 to 2014. MLC Life Insurance chair Peter Grey said the backing and significant investment of Nippon Life means the insurer is committed to "leading Australia's life insurance industry in technology and innovation in order to ...|
|... operations by the end of 2019. It retained 20% of MLC's life insurance business , the majority of which was sold to Nippon Life in 2015. Two years ago, NAB merged five of its super funds into one , creating the largest retail fund in the country. ...|
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite.
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%.
APRA has asked superannuation funds to submit their in-house modelling on the magnitude of impact they are expecting from the Federal Government's special allowance for early release from superannuation.
Zenith Investment Partners wants to reverse out of its planned $12 million purchase of Chant West's superannuation business, saying the latter has been materially affected since February, but Chant West is digging its heels in.
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