AIA Completes Acquisition of Sovereign
UPDATE: Russell McVeagh has advised Commonwealth Bank of Australia (CBA) on the sale of Sovereign to AIA International Limited (AIA) for AU$1.275 billion.
AIA Group has...
Cigna Launches ‘Life is Beautiful’ Campaign
Cigna Insurance has launched a new brand campaign, aimed at striking a chord with younger New Zealanders during key moments in their lives.
Cigna Head...
Fidelity Life BDM Dies in Car Accident
Long-time Fidelity Life Business Development Manager, Cary Veenhof, has died at age 53, following a road accident on 20 June.
“The tragic death of Cary...
Partners Life Releases Product Change
Partners Life has made changes to its Agreed Value disability products, effective 25 June 2018, it revealed in a newsletter update.
The changes affect the...
AMP’s New Chairman Commences
AMP has announced the appointment of David Murray AO as Chairman of its Board of Directors has been made with immediate effect.
Murray agreed to...
Asteron Life Appoints New Distribution Leader
Asteron Life has appointed Graham Hill as its new Executive Manager Life Distribution, effective 9 July 2018.
Hill’s career has spanned both the life insurance...
New GM Appointed at Evergreen Life
Former Managing Director of IDS, Barry Read, has been confirmed as the new General Manager of life insurance advice business, Evergreen Life.
Evergreen Life Managing...
ANZ New Zealand Sells Life Arm
ANZ New Zealand has announced the sale of OnePath Life NZ Ltd to Cigna Corporation for $700 million.
The bank said in a statement that...
Robo-Advice to Channel Business For Human Advisers
Kiwi Wealth has become the first financial services provider to receive robo-advice approval from the FMA and its GM Customer, Product and Innovation, Joe...