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1999
Insurance Valuation News
Nrma Mutual Row Brews
Saturday July 10, 1999
The battle to decide the future of NRMA Insurance Ltd heated up yesterday when an anti-float team announced its candidates for the election of the NRMA's board. Called Members Mutual, the group's line-up was unveiled as analysts valued the insurance arm of the motoring services group at $5 billiAnalysts Tip $5b For Nrma Float
Friday July 9, 1999
SYDNEY The sharemarket value of a demutualised NRMA Insurance could be as much as $6billion, analysts said, with most looking to a valuation of about $5billion. NRMA members continue to debate the merits of demutualisation, with the issue expected to dominate the NRMA's board elections, whereNrma Worth $5bn: Bank
Friday July 9, 1999
The sharemarket value of the demutualised NRMA could be as much as $6 billion, analysts said, with most expecting a valuation closer to $5 billion. Also, the average NRMA member could be entitled to shares worth $3,000. NRMA members continue to debate the merits of demutualisation, with the is