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| | ... financial officer. Hiroyuki Endo, who was most recently the general manager of the separate account investment department for Nippon Life Insurance, MLC Life's parent company, moves to the new post. Endo began his career with Nippon Life in 1995 and ... |
| | | ... said. "I also want to thank Andy for his considerable service to the board since the acquisition of MLC Life Insurance by Nippon Life. He has played a critical role in the transformation of MLC Life Insurance to a standalone life insurer and leaves us ... |
| | | ... has played an instrumental role in guiding our business through significant change, including the acquisition of MLCL by Nippon Life and the transformation required to become a standalone life insurer," he said. "Sandra leaves MLCL well placed for future ... |
| | | ... market and the recommitment of partners like Maritime Super is important to support this." "With the financial backing of Nippon Life and through investment in our digital claims experience and Vivo, we offer a genuine point of difference to our competitors ... |
| | | ... ambition of becoming Australia's leading and most trusted life insurer." "With the continued backing of our shareholders Nippon Life and NAB, I am confident in the bright future for our company and its customers, partners and people." |
| | | ... Puli said. "Now that we are a separate, standalone function, and backed by strong talent, experience, and support from Nippon Life, we are confident we can support the needs of growing superannuation funds." |
| | | ... Downey said. MLC Life Insurance received a $650 million capital injection just before Christmas, as its majority owner Nippon Life saw the risk of MLC Life's "stagnant" business performance continuing beyond 2021. MLC Life's ownership structure ... |
| | | ... ordinary equity and $120 million in subordinated debt with a roughly 10-year maturity. Its ownership remains the same, with Nippon Life subscribing to the $120 million debt alone. "It sets us up to survive and thrive in the coming post-pandemic environment. ... |
| | | ... Rodney Cook, who joined in June last year. "Michael's appointment, in addition to the recent capital injection from Nippon Life and NAB, demonstrates that we are on the right path, despite the fast-changing operating environment we face," Cook said. ... |
| | | The insurer received a $650 million capital injection just before Christmas, as its majority owner Nippon Life sees the risk of MLC Life's "stagnant" business performance continuing beyond 2021. The raise includes $530 million in ordinary equity, priced ... |
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