AMP Life Changes Hands with Resolution Life Takeover

AMP Life has officially changed hands, with Resolution Life taking over the reins. This significant shift marks a new chapter for the company.

The takeover was a result of AMP Limited selling its life insurance business to Resolution Life for a whopping $3.3 billion. This sale is a testament to the company's commitment to its customers.

Resolution Life is a specialist life insurance company with a long history of successfully acquiring and growing life insurance businesses. They have a proven track record of delivering excellent outcomes for policyholders.

AMP Life has been acquired by Resolution, a global leader in the life insurance industry.

This acquisition marks a significant milestone in the company's history, allowing AMP Life to expand its operations and reach more customers.

Resolution has a long history of success, with over 150 years of experience in the life insurance industry.

The acquisition is expected to bring numerous benefits to AMP Life, including increased resources and expertise.

Resolution's global presence will also enable AMP Life to tap into new markets and expand its customer base.

AMP Life is a subsidiary of Resolution Life Group Holdings. It's a financial services company specializing in life insurance. AMP Life is based in Sydney, New South Wales, Australia, and was founded in 2018. It currently employs 1,000 people.

The company manages $55 billion in funds for its 1.5 million customers. AMP Life offers a range of products, including life insurance, superannuation, and retirement plans. These products are designed to help people plan for their financial futures.

AMP Life is led by CEO Megan Beer, who is supported by a team of experienced professionals. The company's key people include David Clarke, Chair of Australia, and Anne Blackburn, Chair of New Zealand. AMP Life has a strong partnership with Resolution Life Australia, its parent company.

Here's a brief overview of AMP Life's products and services:

AMP Life has a significant presence in Australia and New Zealand, with a long-term commitment to its customers. The company's focus on partnership and collaboration with Resolution Life Australia ensures a smooth transition for customers.