AMP Life
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Life insurance
| Company type | Subsidiary |
|---|---|
| Industry | Financial services Life insurance |
| Founded | 2018 |
| Headquarters | Sydney, New South Wales, Australia |
Key people | Megan Beer (CEO), David Clarke, (Chair, Australia), Anne Blackburn (Chair, New Zealand) |
| Products | Life insurance, superannuation, retirement plans |
| Parent | Resolution Life Group Holdings |
AMP Life is a superannuation, retirement investments and life insurance company based in Australia and New Zealand. It currently employs 1,000 people and manages $55 billion in funds for its 1.5 million[1] customers.[2] Its CEO is Megan Beer.[3] The company was created by AMP Limited and is now owned by Resolution Life Australia, which in turn is part of the Bermuda-registered holding company, Resolution Life Group Holdings Ltd.[4][5] AMP holds a 20% stake in the new company[6] as the AMP leadership sees the ongoing relationship as being one of partnership.[2] The AMP branding is expected to continue into the foreseeable future.[7] The new business is being supported by AMP for a two-year period and all services commitments to customers remain unchanged.[2]
