Search ResultsShowing 1 - 10 of 73 results for "Nippon"
AIA income protection premiums jump
ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
... 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 ...
Argo Investments' profit plunges
ALLY SELBY  |  MONDAY, 3 FEB 2020
... 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 ...
MLC Life chief steps down
JAMIE WILLIAMSON  |  WEDNESDAY, 22 JAN 2020
... 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 ...
MLC Life Insurance under review
ELIZA BAVIN  |  TUESDAY, 7 JAN 2020
... 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 ...
What you read in 2019: Financial advice
JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... 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. ...
MLC Life wins group insurance mandate
KARREN VERGARA  |  WEDNESDAY, 22 MAY 2019
... 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 ...
NAB, Nippon lock heads over MLC
KARREN VERGARA  |  THURSDAY, 2 MAY 2019
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 ...
MLC expands customer experience efforts
HARRISON WORLEY  |  THURSDAY, 17 JAN 2019
... 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 ...
MLC Life welcomes board member
DARREN SNYDER  |  WEDNESDAY, 16 JAN 2019
... 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 ...
MLC admin error hits superannuation DB members
KARREN VERGARA  |  FRIDAY, 14 DEC 2018
... 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. ...
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