News Archive

2009

2008

2007

2005

2003

2002

2001

2000

1999

Insurance Valuation News

Amp Bid Is `best You'll Get', Experts

Thursday September 30, 1999
AMP's $830 million bid to move to 100 per cent ownership of GIO is likely to face little opposition, with insurance analysts unanimously recommending minority shareholders accept the deal. The analysts have described the deal as ``generous", saying shareholders would be foolhardy to reject i

New Storm Warning For Battered Gio

Sunday September 19, 1999
ANOTHER hurricane is blowing through the financially depleted GIO. AMP is apparently planning a roadshow of major funds this week to top up reserves for GIO's insurance liabilities, rather than sell the merits of what would have to be a highly unlikely second takeover attempt. GIO told Fagin that Hu

Court Battle: Nrma Ad Claims Stymied

Wednesday September 15, 1999
The NRMA board battle hotted up yesterday when president Mr Nicholas Whitlam and seven members of the pro-NRMA Insurance float faction, Members First, seeking election in the NRMA board ballot gave interim undertakings in the Supreme Court not to advertise that NRMA members can expect to receive sha