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1 through 19 of 19 matching documents, best matches first.   Sort by date

Australian Court Rules Against TAL Life, Cites Breach of Good Faith
The Federal Court of Australia ruled against life insurer TAL Life Ltd., finding the carrier breached its duty to act in good faith when it declined an income protection policy ...
Source: BestWire   Date: March 11, 2021
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Royal Commission Referral Spurs Australia’s Securities Regulator to Bring Action Against Dai-ichi Affiliate TAL
Court against TAL, an affiliate of Japan's Dai-ichi Life Holdings Inc., for alleged breaches of the ASIC Act, the Corporations Act and the Insurance Contracts Act regarding a claim ...
Source: BestWire   Date: December 17, 2019
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Dai-ichi Life Reported 25% Rise in First-Quarter Net Income
Dai-ichi Life Holdings Inc. reported a 25% rise in net income to ¥51.7 billion (US$485 million) on a consolidated basis in the first quarter of 2019 fiscal year ended June 30, ...
Source: BestWire   Date: August 20, 2019
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TAL Dai-ichi Completes Acquisition of Suncorp’s Life Business
Life Australia Pty Ltd. has completed the acquisition of Suncorp's Australian life insurance business and the integration of the two companies will start immediately, the life ...
Source: BestWire   Date: March 1, 2019
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Dai-ichi Life Revises 2018 Ordinary Revenue Upward Due to Favorable Domestic Sales
Frontier Life Insurance Co. Ltd., due mainly to favorable insurance product sales. Its three domestic life companies drove the revenue increase, riding on the multibrand and ...
Source: BestWire   Date: February 22, 2019
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Japanese Insurers Seek M&A Targets to Aid in Diversification
Willis Towers Watson said in a report. Japanese buyers have an appetite for assets that complement their local portfolios, particularly for specialty business areas and less ...
Source: BestWire   Date: January 25, 2019
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Dai-ichi Life Signs Agreement With Suncorp to Acquire Life and Superannuation Business
Life Australia Pty Ltd. has signed an agreement with Suncorp Group to acquire Suncorp Life & Superannuation Ltd., according to a statement from Dai-ichi Life Holdings Inc. Dai-ichi ...
Source: BestWire   Date: September 4, 2018
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Dai-ichi Life Revises Net Income Forecast Supported by US Tax Reduction
March 31, 2018, due to favorable impact from the U.S. tax reduction on its subsidiary, according to the Japanese life group's financial presentation. A one-time increase in ...
Source: BestWire   Date: March 6, 2018
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Dai-ichi Life Group Posts 48.5% Rise in First-Quarter Net Despite Drop in Ordinary Revenue
The fiscal year ends March 31, 2018. Its consolidated ordinary revenue declined 5% to ¥1.6 trillion in the first quarter. Dai-ichi life insurer stopped the sales of single premium ...
Source: BestWire   Date: August 17, 2017
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MS&AD Buys 6.3% Stake in Australian Annuity Insurer Challenger
Mitsui Sumitomo Primary. Challenger said this will broaden its existing Japanese footprint, with the opening of Tokyo office in the second half of this year to support growth. ...
Source: BestWire   Date: August 15, 2017
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Diversification, Overseas Expansion Spur 28% Net Rise in Dai-ichi Life’s 2016 Results
Life Holdings said in the statement. Its overseas unit, TAL Australia, contributed to 24% and 11% increases in net income and ordinary revenues to A$148 million (US$111.4 million) ...
Source: BestWire   Date: June 12, 2017
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Dai-ichi Life Acquires Online Distribution Business in Australia
Japanese life company in a statement. With total assets of A$28 million (US$27 million), NFS Group started operations in 2004 under the Lifebroker brand and established a presence ...
Source: BestWire   Date: October 23, 2013
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Dai-ichi Life Acquires Stake in US-based Janus Capital Group
Janus Capital within one year. In addition to an open market purchase, Dai-ichi Life said it may acquire new shares through an option issued by Janus Capital. This investment is ...
Source: BestWire   Date: August 17, 2012
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Domestic Economic Concerns Drive Japanese Insurers Into Overseas Markets
United States over the past year. The country's three major nonlife insurance groups are "pursuing global expansion and expansion of life subsidiaries by utilizing their sales ...
Source: BestWire   Date: February 7, 2012
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Eyeing International Expansion, Japan's Dai-ichi Life Seeks to Complete Acquisition of Tower Australia
... Japanese companies and reinsurance. Tower Australia reported premium income of A$942 million and net income of A$87 million for the year ended Sept. 30, 2010, up from A$738 million ...
Source: BestWire   Date: December 29, 2010
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Australia's Nonlife Insurers See Growth Amid Increasing Competition and Weather Risks
Major nonlife insurers, including Insurance Australia Group Ltd., Suncorp Metway Insurance Ltd. and QBE Insurance (Australia) Ltd., performed well in the fiscal year, despite ...
Source: BestWire   Date: October 5, 2010
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Tower Australia Teams Up With Virgin Money For Life Insurance Alliance
Jim Minto, managing director of Tower Australia, in a statement. Recent research found 95% of Australian families do not have adequate insurance while ensuring accessibility of ...
Source: BestWire   Date: September 24, 2010
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Tower Australia Acquires Marketer InsuranceLine
Jim Minto in a statement. InsuranceLine is Australia's fastest growing and largest direct distributor of life insurance with in-force premium of A$114 million by the end of August, ...
Source: BestWire   Date: October 3, 2008
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Japanese Insurers on M&A Hunt in Bid for Global Expansion
August as part of an effort to expand in the U.S. market. This acquisition is expected to improve the Japanese insurer's overseas profit by 95% to 62 billion yen in 2009 (389 ...
Source: BestWire   Date: September 1, 2008
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