Search Results | Showing 1 - 10 of 24 results for "Total Life" |
| | | ... sales. For example, its March quarter annuity net book growth was 1% lower than Morgan Stanley's estimates and the total life book growth was negative, though longer duration sales were stronger. APRA's upcoming capital review could also help ... |
| | | | ... stood at $125.6 billion, down 4% for the quarter. The sales figures have, however, perceived positive results, with total life sales recording $1.4 billion supported by longer tenor annuity sales. Annuity sales increased by 20% to $1 billion aided by ... |
| | | | ... 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 and is supporting ... |
| | | | ... and advised insurance, Ramrakha said. He added that superannuation remains the primary source of insurance, and while total life insurance flows have remained relatively flat, risk inflows - which make up the majority of these flows - show no significant ... |
| | | | Generation Development Group (GDG) has reported record growth in the September quarter with its funds under management (FUM) now nearing $3.6 billion on the back of major inflows. GDG's FUM is up 33% - close to $1 billion - on the prior corresponding ... |
| | | | 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 ... |
| | | | ... 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 by 50%. ... |
| | | | ... credit spreads widening. Higher interest rates have also helped drive margin expansion and demand for annuity sales. Total Life sales were up 11% to $5.5 billion, driven by "exceptional" growth in retail annuity sales; up 89% to $2.1 billion. Retail ... |
| | | | ... $480 million 2022 financial year guidance range. This positive guidance was driven by a 10% or$2.7 billion increase in total life sales. On the results, Challenger managing director and chief executive Nick Hamilton said: "This quarter, our business ... |
| | | | QSuper says the Your Future, Your Super bill's proposals may result in higher operational costs at superannuation funds and delays in decision-making, alongside less talent for their boards. In its submission to the YFYS consultation, the industry ... |
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