Canada Life

Irish Life pays out €1.73bn of dividends since purchase for State

Payouts eclipse €1.3bn Canada’s Great West-Lifeco paid Government to buy Ireland’s largest life and pensions group in 2013

Tue Jul 30 2024 - 05:51

AIB Life joint venture appoints Bryan O’Connor as chief executive

Joint venture with Canada Life Irish Holding Company also names chartered accountant and former senior banker Tom Foley as chairman

Sat Mar 04 2023 - 06:14

Architect David Campion: ‘My biggest pet peeve? Clients who lack ambition’

Anchored in Barbados, the Dubliner has built an international architecture firm that straddles the Atlantic

Sun Feb 19 2023 - 11:00

AIB life and pensions venture with Canada Life secures regulatory nod

Partners expect to start trading later this year after final Central Bank regulatory approval is secured

Fri Feb 10 2023 - 05:00

S&P upgrades outlook for largest Irish banks’ credit ratings

Agency optimistic Irish lenders can manage fallout from pandemic and Ukraine war

Tue May 17 2022 - 17:34

Colin Hunt: Green transition ‘is the biggest opportunity in the history of global banking’

AIB is emerging from the pandemic in a strong position given its earnings potential and rising interest rates

Fri Apr 22 2022 - 13:00

AIB in talks to buy back some State shares after €645m profit

Bank to return €213m to shareholders through dividends and stock repurchases

Thu Mar 03 2022 - 15:52

Irish Life’s underlying profits rise to almost €200m

Canadian parent highlights ‘favourable morbidity experience’

Thu Feb 10 2022 - 17:52

Goodbody says PTSB’s Ulster Bank deal can pave way for return of dividends

Bank to buy €6.8bn of loans as UK-owned lender retreats from Irish market

Tue Jan 25 2022 - 17:57

Has AIB dropped clearest hint yet of its designs on Ulster’s tracker mortgages?

Market Beat: Bank makes all the right noises over excess cash

Fri Nov 05 2021 - 14:28

Banks braced for ‘broad-ranging review’

Cantillon: Sector mired in liquid ratios, low profits, and bonus and salary caps

Thu Sept 30 2021 - 04:59

Bonus bans and repossession regime leave Irish banks at disadvantage – BPFI

Lobby group report says Irish banking sector is at an ‘inflection point’

Wed Sept 29 2021 - 04:30

AIB reports €291m profit and raises medium-term target

Lender says it has secured quarter of mortgage market that has jumped 26% this year

Wed Aug 04 2021 - 07:29

Irish Life dividends to parent near €850m since purchase from State

Group’s new life assurance business sales rose to €650m from €565m in 2019

Wed Jul 28 2021 - 05:03

AIB chief ‘confident’ about profit rebound even as reopening slows

Colin Hunt says bank must remain ‘resilient and well-positioned’ to support economy

Wed Jun 30 2021 - 05:00

AIB to invest €90m in Canada Life joint venture

Bank is seeking to boost income and product offering

Wed Jun 23 2021 - 16:48

Ulster Bank chairman quits after two months ‘for personal reasons’

Chief executive says it has nothing to do with review being carried out by parent NatWest

Fri Nov 13 2020 - 16:24

Has NatWest finally run out of patience with Ulster Bank?

Behind the business-as-usual facade, things are not rosy between the bank and its parent

Thu Sept 17 2020 - 19:29

Ulster Bank names Ruairí O’Flynn as new chairman

Former Canada Life CEO started career in BofI

Thu Sept 17 2020 - 14:28

Fineos acquires Limelight Health and announces €55m equity raise

Irish insurtech company founded by Michael Kelly projects 40% rise in full-year revenues

Tue Aug 11 2020 - 11:03

Irish Life has paid €764m in dividends to Canadian parent since its sale by State

This equates to almost 60% of €1.3bn Great-West Lifeco paid State to acquire Irish Life in 2013

Thu Jul 23 2020 - 05:28

Irish Life names Canada Life Europe boss as new chief executive

Declan Bolger to take over Irish Life role as David Harney moves to European role

Thu Feb 13 2020 - 13:55

New retail units to let at Blackrock Village Centre after €10m upgrade

Eight remaining spaces on offer at revamped mall at rents of €50 to €70 per square foot

Wed Sept 11 2019 - 03:00

Irish Life workers to strike on Thursday over pensions

Unite members object to ‘unilateral decision’ to close the company’s defined benefit scheme

Tue Apr 10 2018 - 16:00

Irish Life profit up 18% to €201m as assets under management rise

Net earnings of €63 million for fourth quarter up from €61 million a year earlier

Thu Feb 08 2018 - 16:17

Canada Life claims former executive removed confidential data

Court grants insurance group injunction requiring executive preserve documents

Fri Jan 26 2018 - 20:08

Irish Life faces industrial action over pensions move

Firm is moving ahead with plans to close defined benefit schemes to future accruals

Mon Jan 15 2018 - 11:06

Irish Life makes €85m profit on Allianz Ireland stake sale

Insurer’s net profit rose to €138.9 million last year from €80.2 million in 2015

Wed Nov 22 2017 - 06:10

Dutch group Achmea to extract €220m from Friends First sale to Aviva

Aviva Ireland will have 15% shares of Irish life and general insurance markets following deal

Tue Nov 14 2017 - 08:22

Corlytics appoints Tom Kenny as finance chief

Former managing director of Canada Life International Assurance joins fintech firm

Thu Nov 02 2017 - 10:02

Michael Lynn’s pension to be paid into liquidation of property firm

Struck-off solicitor used €3m from Kendar Holdings to fund personal lifestyle, court told

Tue Oct 24 2017 - 13:14

Aviva in advanced talks to buy Friends First

Sale of Irish insurance group had attracted several suitors including ‘zombie’ specialists

Mon Oct 09 2017 - 05:30

Irish Life profits rise 17% amid investment management growth

Insurer contributes €42 million to Canadian parent’s earnings

Thu Aug 03 2017 - 17:36

David Harney on being a lifer at Irish Life

Chief executive joined the company straight from school and took over the top job in June of this year

Fri Dec 09 2016 - 06:26