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...
The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) have named CommInsure as its Life Insurance Company of the Year. Other finalists for the ANZIIF award were BT Financial Group and OnePath. The award for CommInsure follows their joint win earlier this year with...
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....
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...
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...
OnePath have announced that since the launch of its partnership with the Qantas Frequent Flyer program in November last year, more than 18 million Frequent Flyer points have been received by more than 15,000 OnePath customers. Both existing and new policyholders have benefited from the...
It has been six months since AXA entered into an exclusive deal with car insurer Royal Automotive Club of Victoria (RACV) to offer a 5% discount to RACV members on all new Life, TPD and Trauma insurance policies taken out through AXA. To take up...
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...
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...
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...