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Showing 1 - 10 of 45 results for "Resolution Life"

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... million, largely driven by the gain on sale of the infrastructure debt platform and that of its remaining stake in Resolution Life. AMP said it is now in a strong capital position, with $1.5 billion surplus above its target capital level. It has already ...

Four investment specialists join Resolution Life

ELIZABETH FRY  |  FRIDAY, 29 JUL 2022
Resolution Life Australasia has added three new investment specialists and an analyst to its investment team. Katrina Tran has been recruited as a senior investment manager. She joins from Mercer, where she spent three years most recently as an investment ...

Resolution Life appoints new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 28 JUL 2022
Resolution Life chief executive Megan Beer will relocate to London for a new role with the group in 2023, with her local replacement named. Beer is set to become chief operating officer of Resolution Life Group, overseeing the group's global operations ...

AMP completes Resolution Life divestment

ANDREW MCKEAN  |  WEDNESDAY, 29 JUN 2022
AMP has completed the divestment of its remaining equity interest (19.3%) in Resolution Life Australasia to Resolution Life Group. The initial sale agreement, announced on 3 November 2021, was subject to regulatory approvals and other conditions precedent ...

Insurers to get new advocacy body

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
... Re, Integrity Life, MetLife Australia, MLC Life, Munich Re, NobleOak, Pacific Life Re, QInsure, RGA Reinsurance, Resolution Life Australasia, SCOR Life & Health, Swiss Re, TAL and Zurich Financial Services. "The Council of Australian Life Insurers will ...

Resolution Life builds out Australasian leadership

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
Resolution Life has welcomed a chief customer and operating officer and a customer experience lead to its executive team. Paul Tarlinton is taking on the chief customer and operating officer role within the Australasian business on a permanent basis. ...

AIA sells super, investments business

JAMIE WILLIAMSON  |  THURSDAY, 24 FEB 2022
AIA is offloading its $8 billion superannuation and investments business to Resolution Life. In an announcement today, AIA said the sale will allow the insurer to focus on its core business of life and health insurance and wellbeing services. AIA came ...

Resolution Life names new investments chief

KARREN VERGARA  |  WEDNESDAY, 12 JAN 2022
Resolution Life Australasia appointed a chief investment officer in the New Year who joined from Avant Mutual. John Lucey became part of the executive team this month, responsible for leading the investment strategy and management for the life insurer. ...

AMP officially exits life market

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 NOV 2021
With the complete divestment of its equity interest in Resolution Life, AMP has officially exited the life insurance business. AMP today divested its 19.13% holding in Resolution Life for $524 million. The sale of this holding completes AMP's exit ...

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... underlying net profit after tax hit $181 million, buoyed by strong performances from AMP Bank and its stakes in Resolution Life and the China Pension Life Company. In the pre-Hayne Royal Commission days, AMP boasted a 2017 half-year NPAT of $533 million ...
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