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Insurance Valuation News

Internal Shake-up For Nrma Insurance

Saturday June 30, 2001
Insurance giant NRMA Insurance Group Ltd (NIGL) has undergone an internal shake-up in a move which should help provide greater protection for policyholders.

Amp Nets $1.4bn In Sale To Suncorp

Saturday June 16, 2001
AMP yesterday moved to erase the bitter memory of 1998's disastrous $3 billion takeover bid for GIO Australia by selling the bulk of its combined general insurance operations to Queensland's Suncorp-Metway for up to $1.4 billion in cash and securities.

Nrma V Nrma: Branch Dispute In Court

Friday June 8, 2001
The internal bickering at NRMA has reignited in a legal dispute between the road services association and the listed general insurance arm over plans to close almost one third of their jointly run branches.