Media and Press

Resolution Life, a leading global manager of in-force life and annuity policies, is delighted to announce that Resolution Life Australasia, its trans-Tasman life insurer, has completed the NZ$410 million acquisition of Asteron Life New Zealand (Asteron Life) from Suncorp Group Limited.

New Asteron Life claims figures reveal the life insurer paid out on 97% of the Trauma, Life and Income Protection claims it received from 1 July 2023 through 31 June 2024, with more than 95% acceptance rates in each of the three categories of insurance.

At last night’s annual ANZIIF Insurance Industry Awards held in Tāmaki Makaurau, Asteron Life was once again awarded the Life Insurance Company of the Year for the second year running. 

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.

Asteron Life has launched its Asteron Life MDRT Grant Programme, providing $5,000 grants for up to four advisers with a plan to implement an idea they gained from the recent 2024 Million Dollar Round Table (MDRT)

Asteron Life has appointed Kathie Tutty to the role of Chief Underwriter for Asteron Life. Executive General Manager Life Grant Willis says Kathie brings a wealth of experience and technical capability to the role.

Resolution Life Australasia and Asteron Life New Zealand (Asteron Life) are pleased to announce that Resolution Life has entered into an agreement with Suncorp Group to purchase 100% of the Asteron Life business.