News Archive
2009
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2008
2007
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2005
2003
2002
2001
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- October [1]
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2000
- December [1]
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- June [7]
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1999
Insurance Valuation News
Asia gives strength back to AXA
Tuesday December 1, 2009
TAKEOVER target AXA Asia Pacific was last night talking up growth prospects across its Asian life insurance operations, with signs of a return in the pace of sales despite an initial setback following the start of the financial crisis.$600m State Super In 'death' Fund
Tuesday November 18, 2008
AT LEAST $600 million of Victorian public servants' superannuation savings has been sunk into an obscure Gold Coast fund that buys life insurance policies from ill and elderly Americans, punting that they will die quickly enough to maximise profits.Disgruntled Investors Take A Stick To Iag After Merger Rejection
Thursday May 22, 2008
INSURANCE Australia Group has gone into damage control after investors punished its weakened share price following the end of QBE's battle to try to force an $8.7 billion merger.Iag Under Fire Over Bid Rejection
Thursday May 22, 2008
INSURANCE Australia Group went into damage limitation mode yesterday after investors punished its already weakened share price following the end of QBE's battle to try and force an $8.7 billion merger.Take Cover
Wednesday May 14, 2008
More defaults mean higher premiums for those with lenders' mortgage insurance.Qbe Extends Offer, Closes In On Iag
Wednesday May 7, 2008
THE $8 billion takeover tussle between QBE and Insurance Australia Group is increasingly being framed around the daily movements in their respective share prices, as the global insurer sent its contested bid into a fifth week.Bid Extended As Iag Holds Out
Wednesday May 7, 2008
THE battle lines of the $8 billion takeover tussle between QBE and Insurance Australia Group are being increasingly drawn around the daily movements in their share prices, as the global insurer yesterday sent its contested bid into a fifth week.Payback Time At Workcover
Thursday March 22, 2007
WORKCOVER insurance premiums will drop 5 per cent, and $250 million will be returned to NSW workers, the State Government announced yesterday.Nrma Mulls Sale Of Iag Shares
Tuesday December 13, 2005
NRMA Motoring & Services is considering selling down its $147 million stake in Insurance Australia Group.Auctioneers Rake In Fees
Saturday July 2, 2005
A mark-up of 30 per cent or so means their sales aren't always a bargain.Parting Shots Give Hope To Amp Shareholders
Tuesday December 23, 2003
The final step in the frenzied and rocky eight-month process of demerging AMP from its British insurance operations will occur today when those operations list on the Australian and London stock exchanges.Buoyant Feel About Hhg Just As It Starts To List
Tuesday December 23, 2003
The final step in the frenzied and rocky eight-month process of demerging AMP from its British insurance operations will occur today when those operations list on the Australian and London stock exchanges.Fears Of $1.7bn Top-up Strain Amp
Tuesday October 21, 2003
AMP shares were back in the doldrums yesterday as concerns lingered that the demerged British arm, HHG, could require as much as #700 million ($A1.7 billion) of additional capital on top of that already announced.Nasties Mount In Amp Memo
Tuesday October 21, 2003
AMP shares were back in the doldrums yesterday as investor fury grew at the company's belated disclosure of $38.4 million in ``golden handcuffs" to staff.Amp Demerger Feat Shows Some Fancy Footwork
Saturday October 11, 2003
The cost to AMP of obtaining the in-principle approval of the British regulators to cast off the millstone of its British life insurance businesses is, at face value, relatively modest.Iag Seeks Approval Of Rights Issue To Chief
Tuesday September 30, 2003
Insurance Australia Group will ask shareholders to approve the issue of up to 1.5 million so-called performance award rights to chief executive Michael Hawker at the annual meeting on November 12.Golden Carrot For Hawker
Tuesday September 30, 2003
Insurance Australia Group will ask shareholders to approve the issue of up to 1.5 million so-called performance award rights to chief executive Michael Hawker at November's annual meeting.Tower Loss Rocks Both Sides Of Tasman
Thursday May 22, 2003
Australia's life insurance sector lurched further into turmoil after trans-Tasman insurer Tower revealed another earnings shock, leading investors to strip more than a third, or about $124 million, from the company's sharemarket value.Tower Lurches To $160m Loss
Thursday May 22, 2003
Australia's life insurance sector lurched further into the red after trans-Tasman insurer Tower revealed another earnings shock, leading investors to strip more than a third, or about $124 million, from the company's sharemarket value.Seven-month Hitch
Saturday May 10, 2003
Andrew Mohl clearly believes the demerger and capital raising will put AMP back on track. He explains why to Anthony Hughes.