Sovereign
Which 3 life insurance providers is the FMA considering taking regulatory action against? Westpac and AMP rule themselves out; 2 providers stay silent
19th Jul 18, 7:29am
8
Which 3 life insurance providers is the FMA considering taking regulatory action against? Westpac and AMP rule themselves out; 2 providers stay silent
Experts divided over whether policyholders will emerge from banks' 'life insurance business ditch' better off
1st Jun 18, 10:00am
2
Experts divided over whether policyholders will emerge from banks' 'life insurance business ditch' better off
NZ life insurance market consolidates as ANZ agrees to sell OnePath Life to Cigna for $700 million; Sale to see Cigna become NZ's third largest life insurer
30th May 18, 11:53am
7
NZ life insurance market consolidates as ANZ agrees to sell OnePath Life to Cigna for $700 million; Sale to see Cigna become NZ's third largest life insurer
The insurance market may be consolidating, but the RBNZ says it's still attractive to overseas companies. We consider who's showing interest and look at what the new entrants to the market are up to
30th Nov 17, 3:48pm
The insurance market may be consolidating, but the RBNZ says it's still attractive to overseas companies. We consider who's showing interest and look at what the new entrants to the market are up to
Sovereign customers warned AIA takeover could give incentivised advisers an in to encourage them to switch policies
29th Sep 17, 9:15am
Sovereign customers warned AIA takeover could give incentivised advisers an in to encourage them to switch policies
AIA reaches AU$3.8 billion agreement with ASB's parent CBA to buy Sovereign and CommInsure
21st Sep 17, 10:57am
AIA reaches AU$3.8 billion agreement with ASB's parent CBA to buy Sovereign and CommInsure
ASB takes -10 bps and -20 bps off most fixed mortgage rates, taking its 18 month 'special' to a market leading low. Westpac also trims a key rate (and cuts two term deposit rates)
1st Sep 17, 10:48am
12
ASB takes -10 bps and -20 bps off most fixed mortgage rates, taking its 18 month 'special' to a market leading low. Westpac also trims a key rate (and cuts two term deposit rates)
ASB moves to improve the competitiveness of a key rate as wholesale rates fall, and real estate transactions slim down in a softening market
11th Aug 17, 8:39am
8
ASB moves to improve the competitiveness of a key rate as wholesale rates fall, and real estate transactions slim down in a softening market
'Business as usual' for Sovereign while its Aussie parent considers selling it
9th Aug 17, 1:30pm
'Business as usual' for Sovereign while its Aussie parent considers selling it
ASB June year net profit after tax surges 17% to NZ$1.069 billion. Parent CBA puts NZ life insurance business Sovereign on the block
9th Aug 17, 10:01am
22
ASB June year net profit after tax surges 17% to NZ$1.069 billion. Parent CBA puts NZ life insurance business Sovereign on the block
Following its main rivals, ASB has increased some fixed rates for mortgages, but still leaving it broadly competitive. Sovereign and BankDirect make idential moves
7th Jul 17, 9:02am
17
Following its main rivals, ASB has increased some fixed rates for mortgages, but still leaving it broadly competitive. Sovereign and BankDirect make idential moves
RBNZ notes insurers are lowering their solvency margins, with some leaning more heavily on their shareholders in times of crisis
31st May 17, 1:53pm
RBNZ notes insurers are lowering their solvency margins, with some leaning more heavily on their shareholders in times of crisis
ASB positions its fixed mortgage rates below almost everyone else for terms of 12, 18 and 24 months after second cut in April
28th Apr 17, 9:48am
73
ASB positions its fixed mortgage rates below almost everyone else for terms of 12, 18 and 24 months after second cut in April
ASB cuts two key fixed mortgage rates, the first reductions of fixed rates for terms longer than one year by a major bank in 2017
7th Apr 17, 9:52am
35
ASB cuts two key fixed mortgage rates, the first reductions of fixed rates for terms longer than one year by a major bank in 2017
ASB breaks the half billion dollar mark for six month profit; chief executive lauds 'strong momentum'
15th Feb 17, 10:05am
11
ASB breaks the half billion dollar mark for six month profit; chief executive lauds 'strong momentum'
A major mortgage lender sets higher rates to start 2017, responding to higher wholesale rates, and hoping its rivals follow soon
6th Jan 17, 4:05pm
159
A major mortgage lender sets higher rates to start 2017, responding to higher wholesale rates, and hoping its rivals follow soon
Jenée Tibshraeny on how life insurance will continue to be 'sold' and not 'bought' without more transparency
1st Nov 16, 12:19pm
9
Jenée Tibshraeny on how life insurance will continue to be 'sold' and not 'bought' without more transparency
How opting for non-underwritten quick and easy life insurance could see you end up paying more for weaker cover
29th Sep 16, 9:11am
3
How opting for non-underwritten quick and easy life insurance could see you end up paying more for weaker cover
ASB annual profit hits NZ$913 mln despite fall in net interest margin and higher provisioning for loans to dairy farmers
10th Aug 16, 10:34am
11
ASB annual profit hits NZ$913 mln despite fall in net interest margin and higher provisioning for loans to dairy farmers
Why our financial advice sector needs to be revived to better represent what New Zealand actually looks like
4th Aug 16, 11:18am
93
Why our financial advice sector needs to be revived to better represent what New Zealand actually looks like
Sovereign boss suggests the reviewed Financial Advisers Act could spark the creation of large multidisciplinary financial advice firms
14th Jul 16, 8:59am
5
Sovereign boss suggests the reviewed Financial Advisers Act could spark the creation of large multidisciplinary financial advice firms
ASB pushes through a +10 bps hike in its floating mortgage rate, even though swap rates and credit spreads don't indicate any funding cost increases
28th Jun 16, 6:06pm
15
ASB pushes through a +10 bps hike in its floating mortgage rate, even though swap rates and credit spreads don't indicate any funding cost increases
Wholesale rates may be falling fast toward record lows but risk premiums are rising. Mortgage rates may fall, but it is unlikely to be in the next week or two, although Kiwibank cuts today
26th Jun 16, 1:34pm
8
Wholesale rates may be falling fast toward record lows but risk premiums are rising. Mortgage rates may fall, but it is unlikely to be in the next week or two, although Kiwibank cuts today
An investigation into how much you'll save by opting for mortgage/rent protection over income protection insurance, and whether this saving is worth it
19th May 16, 8:56am
7
An investigation into how much you'll save by opting for mortgage/rent protection over income protection insurance, and whether this saving is worth it
NZIER says there's a business case for insurers to walk away from commission-based distribution models
13th May 16, 7:03am
2
NZIER says there's a business case for insurers to walk away from commission-based distribution models