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Insurance Valuation News

Amp Shares Surge

Tuesday March 21, 2000
Ongoing speculation of a takeover sparked a seven per cent-plus surge in insurance giant AMP Ltd's shares yesterday. The shares closed $1.225 higher at $16.91, on volume of 2.8 million shares traded, their highest level since December 28, last year. Traders said continuing talk in the market

Amp Refutes Share Valuation

Friday March 17, 2000
An analyst's report valuing AMP Ltd shares at $12 each has been slammed by the company and has forced at least one other analyst to warn his clients to ignore its contents. On Wednesday, a report by BNP Equities insurance analyst Steve Lander recommended that AMP shareholders off-load their sha

Now, It's The $5.1bn Nrma

Monday March 13, 2000
Broking firm Warburg Dillon Read has valued NRMA at $5.1 billion, 14 per cent higher than the valuation laid down by independent experts for the motoring and financial services group's sharemarket listing. Warburg insurance analyst Mr Frank Costigan estimated NRMA to be worth $3.42 a share, well