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Insurance

Tower pursues more insurance mandates

RUTH LIEW  |  WEDNESDAY, 9 DEC 2009
Tower will aggressively tender for more mandates next year as the firm forecasts further super fund consolidation and insurance reviews to come, said Geoff Black, chief executive of group life and investments.

AIA expands product suite

AIA AUSTRALIA RELEASE  |  FRIDAY, 4 DEC 2009
AIA Australia improves its Priority Protection product suite following planner feedback.

AIA looks to list

COMPANY RELEASE  |  THURSDAY, 3 DEC 2009
The American International Assurance Company (AIA) is eyeing listing on the stock exchange after its former parent company, American International Group (AIG) paid off more debt owed to the Federal Reserve Bank of New York.

AIG rebrands as Chartis

COMPANY RELEASE  |  MONDAY, 30 NOV 2009
AIG has been relaunched as Chartis throughout Australasia.

Disability review assesses role of insurance

MICHAEL HOBBS  |  WEDNESDAY, 25 NOV 2009
The Federal Government has announced a feasibility study into disability care and support services, which will review how a new system could co-exist with the injury insurance industry.

Life insurance from $1 a day

COMPANY RELEASE  |  TUESDAY, 17 NOV 2009
ING Australia has launched EasyProtect, a range of life and income protection insurance that offers comprehensive cover for less than $1 a day, which can be purchased online or over the phone.

AMP signs MOU with China Life

COMPANY RELEASE  |  MONDAY, 16 NOV 2009
AMP has become the first foreign financial institution to sign a Memorandum of Understanding for Strategic Cooperation with China Life Insurance Company, the largest insurance group in China and the world's biggest listed life insurance firm.

No let up in ING asset sales

ALEX DUNNIN  |  WEDNESDAY, 11 NOV 2009
ING Australia has built itself into one of the best financial brands in Australia but that is the last thing on the minds of ING's European head office battling to repay their $40 billion in government bail-out debt as fast as they can.

SuperFriend code improves insurance

COMPANY RELEASE  |  THURSDAY, 29 OCT 2009
The Industry Funds Forum Mental Health Foundation, SuperFriend, has developed a set of Code of Practice guidelines aimed at improving the management of insurance claims where mental illness is a contributing factor.

Tower taps UK trends to upgrade insurance

RUTH LIEW  |  THURSDAY, 22 OCT 2009
The life insurer who won the year's largest insurance mandate from a super fund, Tower Australia, has tapped the UK market's latest trends to boost its flagship Accelerate platform.