Coles Life Insurance
New competitor in Australian Life Insurance market Coles has joined their competitor Woolworths (WOW ASX) in the life insurance market. The Coles product rolled out in June… Read More »Coles Life Insurance
Metlife
Life Insurers Profit Drops by 25%
The latest Life Insurance performance statistics release by the Australian Prudential Regulation Authority (APRA) shows a decline in profit despite an increase in revenue. For the… Read More »Life Insurers Profit Drops by 25%
Asian Insurance Giant Up For Grabs
ING’s Asian life insurance arm is up for grabs in one of the fastest growing insurance markets in the world. Some of the largest and… Read More »Asian Insurance Giant Up For Grabs
Life Insurer Metlife name new Managing Director
Australian Life Insurer MetLife Insurance Limited (MetLife) has announced that Marc Lieberman has been appointed Managing Director and CEO of MetLife Insurance Limited in Australia, effective… Read More »Life Insurer Metlife name new Managing Director
Life Insurer Metlife Appoints Marc Lieberman as CEO
Former ING New Zealand CEO Marc Lieberman has been appointed CEO and Managing Director of Life Insurer Metlife Insurance Australia, the position was previuosly held… Read More »Life Insurer Metlife Appoints Marc Lieberman as CEO
Life Insurer Metlife Annouces changes to Asia Pacific Leadership Team
MetLife, Inc. (NYSE: MET) announced today a new appointment to its senior leadership team in Asia Pacific through the selection of Peter Smyth as regional managing director of Asia Pacific for MetLife’s International business. In this role, Mr. Smyth will have responsibility for MetLife’s operations in Australia, China, Hong Kong and Taiwan as well as oversight for direct marketing, bank distribution partnerships and other distribution relationships in the Asia Pacific region.
“We are pleased to have Peter join our Asia Pacific management team,” said Eugene Marks, executive vice president and head of the Asia Pacific region for MetLife’s International business. “Peter is bringing a wealth of experience and knowledge of the Asia Pacific region to MetLife, which will be a great asset for the company as we continue to expand our leadership position in the region.”
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Life Insurer MetLife wins tender for Prime Super Insurance Contract
Life insurer Metlife has emerged from a competitive tender process to remain the Life Insurance provider for Prime Super, this continues a 14 year partnership. Prime… Read More »Life Insurer MetLife wins tender for Prime Super Insurance Contract
Growth in Direct and online Life Insurance
Financial ratings firm Cannex has release figures showing more Australians are choosing direct life insurance through insurance companies rather than dealing with financial planners, more… Read More »Growth in Direct and online Life Insurance
Total Assets of Life Insurers decrease by 2.3 per cent
According to the Latest APRA quarterly performance reports release this month, the total assests of the Australian life insurance industry drop by 2.3% to $231.9… Read More »Total Assets of Life Insurers decrease by 2.3 per cent
ING Australia hires former Tower senior executive
ING Australia has recruited Gavin Pearce, previously the chief executive of the Non-Core Australian Investment arm of Tower, as its new executive director of Life… Read More »ING Australia hires former Tower senior executive
