Suncorp Group has completed the divestiture of its New Zealand-based Asteron Life business to Resolution Life Australasia for NZ$410 million (US$228 million).
Southern Cross Health Insurance (SCHI) has become the first insurer in the country to cover the full cost of cochlear implant surgery and the internal hearing device for eligible adult members.
The life insurance provider has announced the recipients of the inaugural MDRT Grant Programme for New Zealand's Independent Financial Adviser (IFA) channel. The grants are designed to support advisers to develop innovative ways to support customers and accelerate their service provision.
Fidelity Life, New Zealand's largest independent life insurer, has launched a promotional campaign offering three months of free premium coverage to new clients.
AIA NZ has unveiled a new initiative through its AIA Vitality programme designed to incentivise both new and existing customers. This campaign, announced towards the end of the year, offers rewards of up to $100.
In a message to its advisers, Chubb Life rolled out an expansion to its lifetime reward benefit programme to cover more customers and clients.
In a market-first initiative, AIA NZ has launched an online adviser onboarding application which allows potential adviser partners to apply via a fully digital process, improving efficiencies, and enhancing administrative processes.
AIA NZ has welcomed Snap Fitness as a new gym partner and provider of AIA Vitality Fitness Assessments.
AIA NZ has announced a collaboration with Smartshares, an investment funds manager in New Zealand and a subsidiary of NZX, to ensure a seamless and cost-efficient transition of the insurer's $500 million unit-linked policy portfolio into SuperLife funds.
The 8th Asia Trusted Life Agents & Advisers Awards (ATLAA) concluded yesterday evening, celebrating 16 winners recognised for their outstanding contributions and performance.
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