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Showing 91 - 100 of 103 results for "Insurance Australia Group"

Chief executive Hawker shuffles the deck at IAG

AAP  |  WEDNESDAY, 21 JUL 2004
Chief executive Michael Hawker has shuffled the top ranks at Insurance Australia Group (IAG) in a bid to better align management with the insurer\'s business in 2004. IAG\'s structure has been divided along personal and commercial lines. Personal insurance ...

IAG reveals new internal structure

AAP  |  TUESDAY, 20 JUL 2004
Insurance Australia Group today announced a new structure for its Australian insurance operations that is more closely aligned to its core products personal insurance and commercial classes. Australian Personal Insurance includes home, motor, niche ...

S&P says nonlife insurance sector will remain strong in 2004

AAP  |  TUESDAY, 25 MAY 2004
... robust earnings in 2003 that mainly exceeded market expectations or prospectus forecasts. For example, Insurance Australia Group (IAG) reported a net profit of $302 million for the six months to 31 December, 2003, compared to $62 million in the previous ...

IAG posts strong increased in half year profits

AAP  |  THURSDAY, 26 FEB 2004
Insurance Australia Group Ltd (IAG) posted a strong increase in profits for the half year to December 2003 on the back of resurgent equity markets and solid acquisitions, and announced plans to undertake a $350 million off-market share buyback. IAG ...

S&P affirms A minus ratings on MBF Australia, outlook stable

AAP  |  THURSDAY, 11 DEC 2003
... Australia's second largest health insurance fund, will acquire the NRMA Life and ClearView businesses from Insurance Australia Group (IAG). The acquisition comprises financial planning, investment and superannuation businesses branded as ClearView, and ...

IAG to sell ClearView businesses to MBF

Insurance Australia Group (IAG) has announced it has agreed to sell its ClearView businesses to MBF for approximately $220 million plus up to $50 million in earn-out, subject to business performance. Under the sale agreement, MBF will pay IAG an upfront ...

Low rainfall sparks hopes of high insurance earnings

AAP  |  THURSDAY, 9 OCT 2003
... earnings in the coming year. Analysts at UBS have upgraded their earnings estimates for Promina Group Ltd, Insurance Australia Group Ltd (IAG) and QBE Insurance Group Ltd, saying that the low rainfall has kept a lid on motor vehicle accident claims. ...

IAG announces $153million profit for the year

The Insurance Australia Group (IAG) announced today a net profit of $153 million after tax for the year ended 30 June 2003. IAG said that the profits had confirmed the success of the CGU and NZI acquisition and reflected the ongoing successes of initiatives ...

AiG & QBE expected to unveil healthy profit results

Two of Australia's biggest insurers, Insurance Australia Group Ltd (IAG) and QBE Insurance Group Ltd, are expected to unveil healthy profit results this week thanks to a continued hardening in premium prices. Analysts expect QBE on Tuesday to lift its ...

IAG issues $200 million in RPS2 offer

Insurance Australia Group Ltd (IAG) issued $200 million in its second issue of reset preference shares (RPS2) today, in an offer that IAG chief financial officer George Venardos said was over subscribed. "We're pleased with investors' response to the ...