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Asteron Life Sold to Resolution Life
Asteron Life is to be sold by owner Suncorp Group for NZ$410m to Resolution Life Australia – a part of global life insurance group Resolution Life. While the purchase is subject to regulatory approval, the...
Asteron Life Product Enhancements
Attracting strong reader interest this week was news that Asteron Life has updated its personal and business insurance products, with the firm saying changes have been made on the back of customer and adviser...
Key Life Distribution Appointment at Asteron Life
Asteron Life has appointed Tony Arthur to the role of the Executive Manager Life Distribution.
Executive General Manager Life Grant Willis says Arthur has a wealth of experience in strategic distribution leadership roles in financial...
Asteron Life Sees Half Year Profit Decrease
Suncorp NZ's half year profit after tax is $94m, an increase of 3.3% on the previous corresponding period (PCP).
However, its life insurance arm – Asteron Life – saw half-year profits of $14m, a decrease...
Asteron Life and AIA Win ANZIIF Awards
Asteron Life has been named Life Insurance Company of the Year by the Australian and New Zealand Institute of Insurance and Finance (ANZIIF).
The announcement was made during ANZIIF's 11th industry awards evening on Wednesday...
Asteron Life Appoints New Distribution Manager
Asteron Life has appointed Kirsten Young as its National Manager Adviser Distribution, following a review of the management structure.
She has more than 30 years' experience in the finance industry and prior to joining Asteron...
Asteron Life Launches Store Card Bonus
Asteron Life's latest campaign involves giving prezzies cards to eligible customers.
Under the campaign – which runs from 1 November to 15 December 2023 – customers who take out a new policy with the firm...
Suncorp’s Bottom Line Buoyed by Asteron Life
Suncorp New Zealand, owner of Asteron Life, made an after-tax profit of $115m for the year to 30 June – a 30% reduction on the previous year.
Significant weather events, a 50% increase in natural...
Asteron Life Updates Employee Insurance
Asteron Life has updated its employee insurance offering to include trauma cover for children. In addition, its Connected Care product – providing free access to medical specialists, dieticians, and fitness experts – is also...