Search Results | Showing 1 - 10 of 32 results for %22Nippon Life Insurance Group%22 |
| | | ... "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 well ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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." |
| | | | ... 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. It ... |
| | | | 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 ... |
| | | | ... These are challenging times for all Australians and their life insurers," he said. "With the continued support of Nippon Life and NAB, and significant ongoing investment in our technology and processes, I aim to deliver outstanding service to our 1.3 ... |
| | | | ... 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 blame ... |
| | | | ... 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 and energy ... |
| | | | ... 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. ... |
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