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1999

Insurance Valuation News

Lots Of Losers To Come, Warn Lawyers

Monday August 30, 1999
Failure to read prospectuses, teamed with changing company valuation processes, will see more Mum and Dad investors lose money by investing in as-yet-unproven Internet ventures, warn lawyers. Mr Richard Gelski, corporate partner with Blake Dawson Waldron, said the law firm was approached by many

How Gio Took On The World And Lost

Saturday August 21, 1999
Eight years ago the New South Wales Government was on the brink of committing to Australia's first major privatisation. The float of the state-owned Government Insurance Office was to be the first of a decade-long wave of national and state sell-offs. But within the insurance industry there were

Qbe Decides To Postpone $1b Offer For British Insurer

Thursday August 5, 1999
QBE Insurance yesterday decided to delay its potential $1billion approach to the British-based insurer Limit, resolving to wait until a proper due diligence could be performed. QBE's chief executive, Mr Frank O'Halloran, said the Limit project, after a year in the making, had ``gone into the bott