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You would have received communications from us letting you know you’re now looked after by Resolution Life Australasia Limited (Resolution Life). This may have left you wondering who Resolution Life is and what it means for your super and/or investment products. Here, we’ll explain the background and success of Resolution Life, and why you can feel confident that your super and investment needs are in good hands. 

Who is Resolution Life?

Resolution Life is owned by Resolution Life Group Holdings LP, a well-capitalised, global life insurance group, managing US $74bn of assets, employing around 1,700 people globally and providing services to 2.8 million policyholders. 

Resolution Life Australasia 

With the recent acquisition of AIA Australia’s Superannuation and Investment Life Insurance business (AIA Super & Life Insurance Business) in July 2023, Resolution Life Australasia is now one of the largest life insurers in Australasia, servicing approximately 1.1 million customers and managing ~A$30 bn of assets.  
 
Employing over 1,200 people in the Australasian region, we are committed to servicing our customers, providing them with quality investment management as well as optimal and efficient customer service and claims management.  
 

Growth in the Australasian market 

Resolution Life’s acquisition of AIA Super & Life Insurance business along with the Macquarie Life business acquired on 1 November 2022 will provide customers with the benefit of Resolution Life’s dedicated customer-focussed service and significant investment in technology, as well as its’ digital advancement. 

Partnership with Blackstone 

In 2022, the Resolution Life Group also announced a strategic partnership with Blackstone, which is one of the world’s largest alternative asset managers. This partnership solidifies Resolution Life’s position as a leader in the multi-trillion-dollar global life and annuity consolidation market, by combining Resolution Life’s global liability management platforms and Blackstone’s insurance asset management capabilities. The partnership is expected to bring significant strategic and financial benefits in both the immediate and long-term. Entering into this strategic partnership is subject to regulatory approval and it’s anticipated to occur in the second half of 2023. You can read more about this partnership here. 


[1] Comprising c. A$6.7bn assets under management and c. A$1.5bn assets under administration

What you need to know

Any advice on this website is provided by Resolution Life Australasia Limited ABN 84 079 300 379, AFSL No. 233671 (Resolution Life), and is general advice and does not take into account your objectives, financial situation or needs. Before acting on this advice, you should consider the appropriateness of the advice having regard to your objectives, financial situation and needs, as well as the relevant product disclosure statement and/or policy document, available from Resolution Life at resolutionlife.com.au or by calling 133 731, before making a decision on whether to acquire, or continue to hold, the product.

The Target Market Determinations (TMDs) for our financial products (where applicable) can be found at Target Market Determinations (TMDs). The TMDs describe the key features and attributes of an applicable product that affect whether it is likely to be consistent with the objectives, financial situation and needs of consumers in the target market.

Resolution Life is part of the Resolution Life Group and can be contacted via contact us or by calling the phone number mentioned above.