Saturday, April 27, 2024

Tag: AIA New Zealand

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...

AIA Reveals Details of AIA And Airpoints™ Loyalty Programme 

AIA has announced that clients can now earn one Airpoints Dollar for every $100 of premium they pay on an AIA policy for eligible...

Industry Responds to FMA Report on Replacement Business Issues

Various industry stakeholders have responded to the Financial Markets Authority’s investigation into conflicted conduct among life insurance advisers (see: FMA Cracks Down...). The Financial Services...

AIA ‘Industry First’ Product Update

AIA New Zealand has recently announced an enhancement to its Cancer Treatment Benefit product. With effect from 19 February, the insurer's Cancer Treatment Benefit will...

AIA Launches Airpoints Bonus Campaign

AIA New Zealand has released a limited-time commission bonus initiative for advisers. For business submitted between 1 February 2018 and 30 April 2018, advisers will...

Financial Services Council Appoints New Board

A new Board has been voted in at The Financial Services Council’s 2017 Annual General Meeting this week. Chairman Rob Flannagan said the new Board...

AIA Acquires CommInsure And Sovereign

AIA has announced it will acquire Commonwealth Bank of Australia’s insurance companies in Australia (CommInsure) and New Zealand (Sovereign) for AUD $3.8 billion. As part...