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Last Article Uploaded: Wednesday, December 12th, 4:39PM
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Articles tagged with 'AIA'

AIA helps foster kids

9 December 2018 - A charity that provides practical support to foster children to assist their transition to new homes has another 150-plus new toys to provide this Christmas, thanks to the generosity of the staff at AIA and Sovereign.

AIA trials mental wellbeing technology

29 November 2018 - AIA Australia and New Zealand is to trial a corporate health programme provided by mental health technology company Medibio, with its staff.

$50k in sports grants awarded

29 November 2018 - Former All Black Cory Jane has helped give out some of $50,000 in sports grants awarded to schools to mark the end of the six-week New Zealand’s Healthiest Schools Challenge, supported by AIA and Sovereign.

It's goodbye to Sovereign

27 November 2018 - AIA has announced that its combined New Zealand business will operate under the AIA brand.

AIA/Sovereign confirms trips axed

22 November 2018 - AIA/Sovereign has confirmed it will stop offering overseas "recognition trips" to advisers.

AIA and Sovereign: One brand in 2019

28 September 2018 - AIA and Sovereign will have one brand in the New Zealand market next year, chief marketing officer David Savidan says.

AIA congratulates Gattung

25 September 2018 - AIA New Zealand and Sovereign are congratulating Theresa Gattung on the Lifetime Achievement award she received at the Women of Influence Awards. Gattung...

Sovereign top brass take charge at AIA

24 July 2018 - AIA has named its executive team and the roles have largely been filled with former Sovereign staff.

AIA completes Sovereign deal

2 July 2018 - AIA International Limited has successfully completed its acquisition of Sovereign - but both brands will operate in the market for now.

'Drop mandatory insurer strength ratings'

18 June 2018 - Requiring insurers to have financial strength ratings adds cost to the industry but does little to help consumers, industry commentators say.

Mu: Exciting future for advisers

8 May 2018 - Advisers are vital to help New Zealanders get the right amount of insurance cover, says Damien Mu, AIA's chief executive for Australia and New Zealand.

Advisers: Extra benefits for clients welcome

4 May 2018 - Advisers say extra incentives for clients taking out insurance policies are welcome, but won’t sway their decisions about what to recommend.

AIA first insurer to offer Airpoints

1 May 2018 - AIA has become the first insurer to offer Airpoints Dollars on its insurance products - but one commentator is questioning whether it's a good development.

Insurers: Disclosure rules should help clients

22 March 2018 - Insurers are supportive of stricter disclosure requirements for financial advisers.

Client first 'means responsible investment'

18 January 2018 - New Zealand advisers and fund managers need to consider clients’ desire for responsible investment of their money if they are to meet their duty to act in clients’ best interests, the Responsible Investment Association of Australasia says.

FSC suffers financial blow but integration on cards

7 December 2017 - Insurers giving up their memberships have hit the Financial Services Council in the pocket.

New board at FSC

17 November 2017 - The Financial Services Council has elected a new board at its recent annual meeting. Chief executive Richard Klipin said the FSC is in good shape financially...

Commerce Commission: No issues for Sovereign

26 October 2017 - The Commerce Commission has signalled it sees no problems with AIA’s move to buy Sovereign in New Zealand.

Chief executive tipped to lead

29 September 2017 - Big changes lie ahead for Sovereign and AIA in New Zealand, but it is rumoured that one key position will remain constant.

ASB keeps ownership of Sovereign Home Loans

25 September 2017 - Although Commonwealth Bank has sold Sovereign to AIA, the insurer’s $7 billion home loan book isn’t part of the deal.

AIA doesn't buy Sovereign Home loans. What now?

25 September 2017 - Questions are swirling around the future for the Sovereign Home Loans business. As we report here Sovereign will remain part of ASB and hasn’t been included in the sale to AIA.

Advisers welcome Sovereign sale news

22 September 2017 - Advisers are optimistic about the future for Sovereign, which will be bought by AIA.

Sovereign sold

21 September 2017 - The Commonwealth Bank of Australia has confirmed it has sold its insurance business in Australia and New Zealand for A$3.8 billion - the sale include Sovereign.

Zurich, AIA make play for Sovereign

18 September 2017 - [UPDATED] AIA Group and Zurich have both made a play for Commonwealth Bank's life insurance business, including Sovereign in New Zealand.

Online offer 'more than quote and compare'

14 September 2017 - A new insurance advice firm is promising consumers a more in-depth online service.

AIA expands cancer benefit reach

28 August 2017 - AIA is offering its cancer treatment benefit as an optional addition to more of its policies.

OnePath sale may be getting close

23 August 2017 - ANZ appears to have sped up the potential sale process for its life insurance business OnePath.

AIA rejoins FSC

8 June 2017 - The Financial Services Council has announced that insurer AIA has rejoined its ranks.

New Zealand not affected by AIA launch

7 June 2017 - AIA’s New Zealand chief executive Graeme Edwards said New Zealand is not affected by a decision in Australia to pilot a new health insurance brand.

AIA appoints new boss

29 May 2017 - The company has today announced its new executive general manager to replace Natalie Cameron who returned to Australia earlier this year.

AIA offers bolt-on cancer drug cover

28 March 2017 - AIA is offering its cancer treatment cover as an add-on benefit to customers of other health insurance providers.

AIA appoints Golden Boots as global ambassador

24 March 2017 - English football star David Beckham will become global ambassador for AIA in a new multi-year agreement, it has been announced. AIA’s group chief executive...

AIA New Zealand appoints new CEO

21 March 2017 - Natalie Cameron has stepped down after nearly two years at the helm and her replacement has already been appointed.

NZ 'played part in AIA result'

1 March 2017 - AIA says its New Zealand arm has helped deliver a strong profit for the last financial year.

TPD a higher hurdle to pass

18 October 2016 - New Zealanders are more likely to have a total and permanent disability claim turned down than other types of insurance – but claims are still accepted at much higher rates than across the Tasman.

AIA launches Healthy Kids Challenge

19 August 2016 - The AIA Healthy Kids Challenge is a five-week programme that aims to inspire 15,000 primary school children to be active and eat well – all while having...

Adviser products shine

20 July 2016 - Insurers say competition and pressure from advisers is forcing them to come up with better policies than those offered by banks.

Insurers welcome FAA changes

14 July 2016 - A decision not to pursue explicit commission restrictions has been welcomed by New Zealand insurers.

Regulation fears for advice businesses' value

21 June 2016 - Insurers will have a role to play to help advisers if the Financial Advisers Act brings in extra compliance requirements for them, AIA's chief executive says.

Shot on goal for AIA

16 June 2016 - The Oceania Football Confederation (OFC) and AIA have launched a new pilot initiative ‘The Oceania Football Education Programme' to support aspiring...

AIA introduces new commission option

15 April 2016 - AIA is to introduce a new pendulum commission model that will enable advisers to swap lower upfronts for more renewal commission.

Standard definitions might not be silver bullet

14 April 2016 - [UPDATED] New Zealand insurers say standard trauma definitions could end up costing consumers.

AIA makes appointments

11 March 2016 - AIA has made appointments to 11 new positions, including to the senior leadership team.

Industry ponders role of FSC

16 February 2016 - Financial services industry participants are undecided on whether there is a future role for the Financial Services Council, after the resignation of its chief executive.

Advertising of soft-dollar tempters not a good look

17 December 2015 - New Zealand’s insurance industry is focusing too much on soft commissions, which will not do anything to improve its standing in the eyes of consumers, it has been claimed.

Cameron: MJW made little difference to FAA options

9 December 2015 - One New Zealand insurance boss says it is a relief that the New Zealand regulator does not look set to follow blindly in the tracks of its Australian counterpart and slash upfront adviser commissions.

AIA hands in FSC notice

11 November 2015 - The Financial Services Council's controversial report into life insurance has claimed another scalp with AIA joining Partners Life in resigning its membership.

All change for products and pricing

2 November 2015 - Over the past few weeks there has been so much product and pricing activity it has been hard to keep track of it all. In strict alphabetical order the companies that have made changes include: AIA, Accuro, AMP, Asteron Life, BNZ Life, CIGNA, and Sovereign.

$500k health claims unlikely for now

9 October 2015 - AIA is unlikely to have to pay out many claims that reach the full extent of its new $500,000 medical cover.

AIA makes major play in health insurance market

1 October 2015 - AIA has signalled its growth intentions with enhancements to its personal product range, and launching with a new health product that lifts medical cover to $500,000, with a discount regime to make their insurance products more affordable for customers.

Regulation should be carrot and stick: Cameron

17 September 2015 - Any moves towards more regulation in New Zealand should consider the entire regulatory framework, not just what consumers want, AIA’s chief executive says.

AIA appoints BDM to deal with brokers

15 September 2015 - AIA New Zealand has revealed the creation of a new strategic role, BDM corporate solutions, which will deal with brokers.

AIA number one at MDRT

13 August 2015 - AIA Group has a total of 3,752 agents registered as Million Dollar Round Table (MDRT) members making it the top ranking multi-national company on the group’s...

Former AIA executive joins mortgage business

16 July 2015 - Darrin Franks has joined Global Financial Services as management strategy consultant to improve the customer experience for home loans as well as insurance...

AIA reports profit growth

23 June 2015 - AIA New Zealand has announced 21% growth in underlying profit, an improvement to $9.8 million for the 12 months to November 30, 2014, from $8.1 million in the prior year.

Former broker to face jury

18 June 2015 - Napier insurance broker David McGuffie yesterday pleaded not guilty to four charges of making dishonest claims to four large insurance companies.

AIA gets new chief executive

21 May 2015 - AIA chief executive Wayne Besant is leaving New Zealand to take up a role with the company in Vietnam.

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Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
ANZ 5.79 4.55 4.79 4.99
ANZ Special - 4.05 4.29 4.49
ASB Bank 5.80 4.44 4.69 4.89
ASB Bank Special - 3.95 4.29 4.49
BNZ - Mortgage One 6.50 - - -
BNZ - Rapid Repay 5.95 - - -
BNZ - Special - 4.10 4.29 4.49
BNZ - Std, FlyBuys 5.90 4.69 4.79 4.99
BNZ - TotalMoney 5.90 - - -
Credit Union Auckland 6.70 - - -
Credit Union Baywide 6.15 5.20 5.25 -
Lender Flt 1yr 2yr 3yr
Credit Union North 6.45 - - -
Credit Union South 6.45 - - -
Finance Direct - - - -
First Credit Union 5.85 - - -
Heartland 6.70 7.00 7.25 7.85
Heartland Bank - Online - - - -
Heretaunga Building Society 5.75 4.70 4.85 -
Housing NZ Corp 5.80 4.69 4.79 4.79
HSBC Premier 5.89 3.99 4.19 4.69
HSBC Premier LVR > 80% - 3.79 - -
HSBC Special - - - -
Lender Flt 1yr 2yr 3yr
ICBC 5.80 4.59 4.69 5.09
Kiwibank 5.80 4.55 4.69 4.99
Kiwibank - Capped - - - -
Kiwibank - Offset 5.80 - - -
Kiwibank Special - 4.05 4.29 4.49
Liberty 5.69 - - -
Napier Building Society - - - -
Nelson Building Society 6.10 5.10 5.45 -
Resimac 5.30 4.86 4.94 5.30
RESIMAC Special - - - -
SBS Bank 5.89 4.85 5.05 4.49
Lender Flt 1yr 2yr 3yr
SBS Bank Special - 4.19 3.95 4.49
Sovereign 5.90 4.45 4.69 4.89
Sovereign Special - 3.95 4.29 4.49
The Co-operative Bank - Owner Occ 5.75 4.10 4.35 4.49
The Co-operative Bank - Standard 5.75 4.60 4.85 4.99
TSB Bank 5.80 4.45 4.69 4.99
TSB Special - 3.95 4.19 4.49
Wairarapa Building Society 5.70 4.85 4.99 -
Westpac 5.95 4.69 4.79 5.19
Westpac - Offset 5.95 - - -
Westpac Special - 4.15 4.29 4.59
Median 5.89 4.50 4.69 4.79

Last updated: 2 December 2018 8:39pm

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