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Rebranding of Aviva products as MLC

As part of its takeover arrangements MLC was only entitled to use the Aviva brand until 2nd October 2010. After this date the brand name Aviva had to be removed from the Australian market. MLC has now rebranded the Aviva Protectionfirst products as MLC Protectionfirst...

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NAB pulls out of bid for AXA

After its bid for AXA Asia Pacific was blocked for a second time by the Australian Competition and Consumer Commission, NAB has abandoned its $13 billion takeover proposal. Despite the proposed sale of some of AXA's investment businesses the ACCC felt this would not be...

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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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