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Showing 1 - 10 of 116 results for %22Resolution Life%22

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... AFCA helps financial firms to address systemic issues early, minimise complaints flowing through to external dispute resolution and improve industry practice."

AMP names new group insurer

KARREN VERGARA  |  MONDAY, 22 JAN 2024
AMP has named a new default insurance provider for its superannuation offering to replace Resolution Life. TAL is the new group insurer for AMP Super Fund, which includes its flagship product SignatureSuper. Commenting on the transition, AMP general ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... Court of New South Wales by Munich Re in April 2023. The proceedings regard the manner in which both Munich Re and Resolution Life Australasia (formerly AMP Life and also named as a defendant) entered into certain reinsurance agreements in 2016 and 2017. ...

Renato Mota to leave Insignia Financial

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
... slated for November 23. Mota's performance incentives were due to be voted on by shareholders on the day, but the resolution has now been withdrawn. News of his planned departure comes as Insignia seeks to further overhaul its business. In July ...

Life insurance industry profits double, premiums rise: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
... contrast to reinsurers, where only two out of seven posted profits, accumulating a combined loss of $300 million. Resolution Life topped the list of the highest direct profit as a percentage of revenue, recording 28.6%, followed by Challenger at 23.6% ...

Risk sector grows 4%: Research

KARREN VERGARA  |  FRIDAY, 29 SEP 2023
... ClearView (7.5%) with $214 million and Zurich (5.4%) with $1.6 billion also reported strong inflows for the year. Resolution Life was the only insurer to report a decline in this category of -2.1%, ending the period with $867 million. Activity for AIA ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... New South Wales by Munich Re in April 2023. Central to the proceedings is the manner in which both Munich Re and Resolution Life Australasia (formerly AMP Life and also named as a defendant) entered into certain reinsurance agreements in 2016 and 2017. ...

DB Results launches policy admin system

CHLOE WALKER  |  MONDAY, 21 AUG 2023
... industry into a new stage of growth," he said. DB Results is said to have worked with industry experts including Resolution Life Australasia on the design of PAS. Resolution Life is now working with DB Results for a second migration of its recently acquired ...

Advisers lacking PII sidestep AFCA rulings

KARREN VERGARA  |  FRIDAY, 28 JUL 2023
... industry, in particular post-Hayne Royal Commission," Singh said. "Over the past few years, AFSLs have come to see dispute resolution as an essential part of the system in which they operate. And pleasingly, some of the big operators who used to take ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... AIA sells super investment business AIA is offloaded its $8 billion superannuation and investments business to Resolution Life. In an announcement made in February, AIA said the sale would allow the insurer to focus on its core business of life and health ...
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