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Showing 1 - 10 of 223 results for "reinsurance"

TAL launches takeover bid for Challenger

ELIZA BAVIN, VINNY VUCAGO  |  MONDAY, 19 OCT 2026
... annuity book growth of 6.3%. Annuity sales climbed 72% to $2.8 billion, driven by fixed-term products and offshore reinsurance. Fixed-term sales more than doubled to $2.2 billion, supported by demand for longer-dated annuities and the launch of Challenger's ...

IAG settles $2.8bn lawsuit with Credit Suisse

ELIZA BAVIN  |  FRIDAY, 25 SEP 2026
... on its financial position or FY27 financial results, based on anticipated recoveries including from insurance and reinsurance arrangements and other indemnities. The settlement comes after IAG also agreed ​to settle a separate $4 billion lawsuit brought ...

Challenger lifts earnings fuelled by annuity sales

VINNY VUCAGO  |  TUESDAY, 18 AUG 2026
... funds, platforms and advice technology providers, aimed at making retirement income solutions more accessible. Offshore reinsurance annuity sales reached a record $1.2 billion, up 25%, while the group also launched its $6 billion Challenger Annuity Backed ...

TCorp awards $1bn mandate to UK insurer

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2026
... opportunity to partner with a highly regarded insurer with a strong track record in insurance underwriting," Murray said. "Reinsurance exposure represents an important part of the TCorp portfolio, providing returns consistent with TCorp client objectives ...

Nearly $12bn leaves Challenger in March quarter

KARREN VERGARA  |  TUESDAY, 21 APR 2026
... by 19% to $1.7 billion. Annuity sales grew by 10% to $1.1 billion, driven by strong domestic annuity and offshore reinsurance annuity sales. Local annuity sales rose by 7% to $806 million, supported by sales in lifetime annuities and guaranteed income ...

Challenger results a 'headline miss'

ELIZA BAVIN  |  TUESDAY, 17 FEB 2026
... reached record levels. "We are actively growing our partnership with MS Primary through an expansion of our Bermuda reinsurance platform," he said. "We have made strong progress in the first half of the year and are well-placed to capture the opportunities ...

Principal rejoins Mercer team

ELIZABETH FRY  |  THURSDAY, 27 NOV 2025
... well as on defined benefit and defined contribution superannuation. Lu has 14 years of experience in insurance and reinsurance, having worked at TAL for ten years and Reinsurance Group of America for four. At both firms, she was responsible for pricing ...

AIA Australia welcomes new chief risk officer

JAMIE WILLIAMSON  |  MONDAY, 21 JUL 2025
... 2023. She initially joined ANZ in 2012, first at ANZ Wealth and then E*TRADE. She's also previously worked at the Reinsurance Group of America and Zurich Insurance Group. "I'm delighted to have Susan Looi join the AIA Australia family as our new chief ...

TAL takes 15% stake in Challenger

KARREN VERGARA  |  MONDAY, 7 APR 2025
... announced in May 2024, the partnership was extended for MS Primary to provide Challenger Life an annual amount of reinsurance of at least ¥50 billion per year ($490m) for the next five years. Challenger managing director and chief executive Nick Hamilton ...

ART appoints insurance chief

ELIZABETH FRY  |  THURSDAY, 13 MAR 2025
... at ART in 2020, Finney spent 12 years at Suncorp Life, most recently as executive manager of portfolio, pricing and reinsurance. He earlier worked at Tillinghast as a consultant. ART chief operating officer Kathy Vincent said: "Matt has done an exceptional ...
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