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Insurance Valuation News
Tower Lurches To $160m Loss
Thursday May 22, 2003
Australia's life insurance sector lurched further into the red after trans-Tasman insurer Tower revealed another earnings shock, leading investors to strip more than a third, or about $124 million, from the company's sharemarket value.Tower Loss Rocks Both Sides Of Tasman
Thursday May 22, 2003
Australia's life insurance sector lurched further into turmoil after trans-Tasman insurer Tower revealed another earnings shock, leading investors to strip more than a third, or about $124 million, from the company's sharemarket value.Seven-month Hitch
Saturday May 10, 2003
Andrew Mohl clearly believes the demerger and capital raising will put AMP back on track. He explains why to Anthony Hughes.Amp Readies For $3bn Share Slug
Monday May 5, 2003
Despairing AMP shareholders are expected to see their holdings devalued by as much as $3 billion today when shares in the beleaguered insurance giant resume trading.