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Old listed companies follow super new path


Switzer Daily
The walls of the Melbourne headquarters of
Equity Trustees (EQT) are adorned with the portraits of former
prime ministers, premiers and governors-general who have served on the board of
the stately 133 year old institution.
The roll call of dignitaries includes 19
th century
premier Sir Charles Sladen, prime ministers Stanley Bruce and Robert Menzies
and former governor general Ninian Stephen.
In Marc,h former Abbott/Turnbull era Cabinet minister Kelly
O’Dwyer joined the board, filling a seat vacated by former Victorian premier
and Hawthorn Football Club president Jeff Kennett. (Kennett’s great
grandfather, Edward Fanning was a director for 30 years from 1888 to 1917). ....

Western Australia , New South Wales , South Australia , Kelly Odwyer , Ninian Stephen , Minnett Nick Burgess , Harry Moss , Charles Sladen , Robert Menzies , Lindsay Tanner , Andrew Russell , Jeff Kennett , Mick Obrien , Abbott Turnbull , Stanley Bruce , Class Limited , Australian Executor Trustees , William Buckland Foundation , Company Of Australia , Viertel Foundation , Tasmanian Perpetual Trustees , National Mutual , Equity Trustees , Sargon Group , Certane Group , Diversa Trustees ,

Nippon Life invests US$230 million in Resolution Life


Japan’s Nippon Life Insurance is investing another US$230 million in Bermuda-based reinsurer Resolution Life Group Holdings, which is targeting $1.6 billion from institutional investors in a new round of fundraising.
The Japanese insurer invested an initial $157 million in Resolution Life in its earlier fundraising round in 2019, when the target was over $3 billion. The new target would raise the total raised since the company’s inception in 2018 to around $5 billion.
“As a social mission of a life insurer, Nippon Life is exerting efforts to boost profitability in attempts to fulfil its obligations in delivering coverage to customers as well as offering a sense of security,” the company says in a statement on May 15. “This investment is part of such efforts in addition to enhancing Nippon Life Group’s businesses by learning from and leveraging Resolution Life’s capabilities and knowledge.” ....

New South Wales , Resolution Life Group Holdings , Nippon Life Group , Nippon Life Insurance , Resolution Life , Nippon Life , புதியது தெற்கு வேல்ஸ் , தீர்மானம் வாழ்க்கை குழு ஹோல்டிங்ஸ் , நிப்பான் வாழ்க்கை குழு , நிப்பான் வாழ்க்கை காப்பீடு , தீர்மானம் வாழ்க்கை , நிப்பான் வாழ்க்கை ,