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Life Insurance News

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ING & Zurich win Top award from Cannex

CANSTAR CANNEX have announced that ING Australia and Zurich Financial Services have been declared winners of their 2010 Outstanding Value Packaged Life award. In announcing the award Stephen Mitchell, Head of Wealth Management at CANSTAR CANNEX, declared that "Both companies showed a winning consistency in...

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CommInsure wins ANZIIF Life Co. of the Year

The 2010 ANZIIF Life Insurance Company of the Year award has been won by CommInsure. Last year's winner, MLC, came was runner up this year. A panel of 14 judges representing a cross section of the insurance industry determined the winner of this year's award....

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ING Life soon to be called OnePath

Following the move by ANZ to 100% ownership of ING Life in November 2009, it has been revealed that the new brand name and identity for the business will be "OnePath". The official public launch of the new brand will take place later this year...

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Tower tops $1B in premiums in Australia

In the June 2010 quarter Tower Australia's in-force premium level topped $1 Billion for the first time. Tower is now one of only four life insurance companies in Australia to achieve this milestone. Out of the four, Tower is the only non-bank specialist life insurance...

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Merger between AMP and AXA approved

The Australian Government and AXA shareholders have given their approval to the proposed merger between AMP and AXA. Both companies have a long history of providing insurance and wealth management financial services in Australia. Wayne Swann approved the merger on the basis that it will...

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Tower and CommInsure Joint Winners

Joint winners of the Plan for Life/AFA Life Company of the Year award were announced as Tower and CommInsure. In order to win this award the companies must rate highly in the areas of product features, pricing, sales performance and financial sustainability. In addition feedback...

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AIA Group lists on Hong Kong Stock Exchange

The AIA Group, of which AIA Australia is a part, has become an independent, publicly listed company on the Hong Kong Stock Exchange. The listing was the largest IPO in Hong Kong's history, the third largest IPO ever globally and the world's largest IPO ever...

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