Partners Life

Spikes Asia announces 2024 winners including the Special Awards and Young Spikes Competition winners

Retrieved on: 
Thursday, March 14, 2024

Singapore, Mar 14, 2024 - (ACN Newswire) - Spikes Asia, APAC's most prestigious and sought-after award for creativity and marketing effectiveness, has revealed the Grands Prix and Special Award winners for 2024 this evening.

Key Points: 
  • Singapore, Mar 14, 2024 - (ACN Newswire) - Spikes Asia, APAC's most prestigious and sought-after award for creativity and marketing effectiveness, has revealed the Grands Prix and Special Award winners for 2024 this evening.
  • In its inaugural year, the Gaming Spikes Grand Prix was awarded to the Philippines for "Unbranded Menu", for McDonald's, entered by Leo Burnett, Manila.
  • Speaking about the Winners, Simon Cook, CEO, LIONS, said: "Congratulations to our 2024 Spikes Asia Award winners.
  • Jaime Ng, Festival Director, Spikes Asia, added: "We're excited to announce the 2024 Award winners for Spikes Asia, after a fantastic event this week.

AM Best Affirms Credit Ratings of Partners Life Limited

Retrieved on: 
Thursday, January 11, 2024

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Partners Life Limited (Partners Life) (New Zealand).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Partners Life Limited (Partners Life) (New Zealand).
  • The company’s market share has increased following its acquisition of BNZ Life Insurance Limited (BNZ Life) in fiscal year 2023.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Partners Life Launches Medical Claims on the FINEOS Platform

Retrieved on: 
Tuesday, September 5, 2023

Partners Life, one of New Zealand’s largest private life and health insurance companies, has become the first insurer to successfully launch medical claims on the FINEOS Platform, as outlined in a new case study .

Key Points: 
  • Partners Life, one of New Zealand’s largest private life and health insurance companies, has become the first insurer to successfully launch medical claims on the FINEOS Platform, as outlined in a new case study .
  • The move to the cloud-native purpose-built FINEOS Platform enables Partners Life to provide enhanced claims processing, reduced claims leakage, and streamlined user experience to 300,000 Kiwis.
  • Early last year, Partners Life became the first life insurance company in New Zealand to go live on the FINEOS Platform, replacing its legacy system with FINEOS Claims for life, total and permanent disability (TPD), trauma and income protection.
  • The second phase of the project, completed this year, brought the component-based capabilities of FINEOS AdminSuite to medical claims at Partners Life through the market-tested, preconfigured FINEOS Life Insurance Solution Australasia (LISA).

Appian appoints John Van Der Wielen as Senior Advisor - Australia

Retrieved on: 
Tuesday, April 11, 2023

LONDON and PERTH, Australia, April 12, 2023 /PRNewswire/ -- Appian Capital Advisory LLP ("Appian" or the "Company"), the investment advisor to long-term value-focused private equity funds that invest solely in mining and mining-related companies, announces the appointment of John Van Der Wielen as Senior Advisor - Australia, based in Perth.

Key Points: 
  • John will be a Senior Advisor to Appian, supporting the business on transactions, corporate strategy and post-acquisition integration in Australia
    As a senior financial services professional, John brings over 30 years' international experience in wealth management, private banking, investments, and insurance across Australia, Asia and Europe
    LONDON and PERTH, Australia, April 12, 2023 /PRNewswire/ -- Appian Capital Advisory LLP ("Appian" or the "Company"), the investment advisor to long-term value-focused private equity funds that invest solely in mining and mining-related companies, announces the appointment of John Van Der Wielen as Senior Advisor - Australia, based in Perth.
  • John will work closely with Appian's senior leadership team, advising on transactions, corporate strategy and post-acquisition integration in Australia and internationally.
  • In particular, John will support the business with all aspects of acquisitions and divestments in Australia, which remains a jurisdiction of focus for Appian.
  • John Van Der Wielen, Senior Advisor, Australia at Appian said: "It's fantastic to join Appian at such an exciting stage in its growth trajectory.

AM Best Removes From Under Review With Positive Implications and Upgrades Credit Ratings of Partners Life Limited

Retrieved on: 
Thursday, December 15, 2022

AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to a (Excellent) from a- (Excellent) of Partners Life Limited (Partners Life) (New Zealand).

Key Points: 
  • AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to a (Excellent) from a- (Excellent) of Partners Life Limited (Partners Life) (New Zealand).
  • These rating actions follow the acquisition of Partners Group Holdings Limited (PGHL), Partners Lifes parent, by Dai-ichi Life Holdings, Inc. (Dai-ichi group) [TSE: 8750] on 30 November 2022.
  • The rating upgrades factor in rating enhancement from Dai-ichi group following its acquisition of Partners Life.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .

AM Best Comments on Credit Ratings of Partners Life Limited

Retrieved on: 
Wednesday, October 5, 2022

On 30 September 2022, Partners Life completed the acquisition of National Australia Bank Limiteds New Zealand life insurance business, including BNZ Life.

Key Points: 
  • On 30 September 2022, Partners Life completed the acquisition of National Australia Bank Limiteds New Zealand life insurance business, including BNZ Life.
  • Following the acquisition, all insurance assets and liabilities of BNZ Life have been transferred to Partners Life.
  • The under review with positive implications status currently applied to Partners Lifes Credit Ratings (ratings) also remains unchanged, reflecting a separate pending transaction that is expected to result in Dai-ichi Life Holdings, Inc. (Dai-ichi Group) acquiring Partners Group Holdings Limited, including Partners Life.
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Revises Under Review Status to Positive for Credit Ratings of Partners Life Limited

Retrieved on: 
Thursday, August 18, 2022

The under review status also continues to reflect Partners Lifes pending acquisition of BNZ Life Insurance Limited from National Australia Bank Limited, which remains subject to customary closing conditions at present.

Key Points: 
  • The under review status also continues to reflect Partners Lifes pending acquisition of BNZ Life Insurance Limited from National Australia Bank Limited, which remains subject to customary closing conditions at present.
  • AM Best will continue to monitor closely the progress of these pending transactions and evaluate any impact on the rating fundamentals of Partners Life.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Maintains Under Review With Negative Implications Status for Credit Ratings of BNZ Life Insurance Limited

Retrieved on: 
Thursday, June 2, 2022

These Credit Ratings (ratings) were placed under review with negative implications on 18 December 2020, following the announcement that National Australia Bank Limited, BNZ Lifes ultimate parent, had entered into an agreement to sell its New Zealand life insurance business, including BNZ Life, to Partners Life Limited (Partners Life).

Key Points: 
  • These Credit Ratings (ratings) were placed under review with negative implications on 18 December 2020, following the announcement that National Australia Bank Limited, BNZ Lifes ultimate parent, had entered into an agreement to sell its New Zealand life insurance business, including BNZ Life, to Partners Life Limited (Partners Life).
  • The ratings have been maintained under review with negative implications following a revision to the expected timeframe for completion of the transaction.
  • The ratings will remain under review pending completion of the transaction and until AM Best can complete its assessment of BNZ Lifes post-acquisition credit rating fundamentals.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .

AM Best Maintains Under Review With Developing Implications Status for Credit Ratings of Partners Life Limited

Retrieved on: 
Thursday, June 2, 2022

These Credit Ratings (ratings) were placed under review with developing implications on 18 December 2020, following the announcement that Partners Life had entered into an agreement with National Australia Bank Limited to acquire its New Zealand life insurance business, including BNZ Life Insurance Limited (BNZ Life).

Key Points: 
  • These Credit Ratings (ratings) were placed under review with developing implications on 18 December 2020, following the announcement that Partners Life had entered into an agreement with National Australia Bank Limited to acquire its New Zealand life insurance business, including BNZ Life Insurance Limited (BNZ Life).
  • The ratings have been maintained under review with developing implications following a revision to the expected timeframe for completion of the transaction.
  • The ratings will remain under review pending completion of the transaction and until AM Best can complete its assessment of Partners Lifes post-acquisition credit rating fundamentals.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .

Partners Life Becomes First New Zealand Life and Health Insurer To Go Live On The FINEOS Platform

Retrieved on: 
Tuesday, April 26, 2022

The FINEOS Platform is a purpose-built end-to-end SaaS core platform for life, accident and health insurers.

Key Points: 
  • The FINEOS Platform is a purpose-built end-to-end SaaS core platform for life, accident and health insurers.
  • The Partners Life and FINEOS partnership replaced the insurers existing system with FINEOS Claims, giving Partners Life unparalleled operational and customer service benefits.
  • The FINEOS Platform includes a market-tested, pre-configured business and regulatory content pack for the region known as FINEOS LISA (Life Insurance Solutions Australasia) .
  • Partners Life brings FINEOS to the private life and health insurance sector in New Zealand, said FINEOS CEO Michael Kelly .