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Showing 101 - 110 of 112 results for "QBE Insurance"

Insurers expected to report big profits this week

AAP  |  TUESDAY, 17 AUG 2004
... 2004 but the market wants to see just how kind when heavyweight insurers AMP, Insurance Australia Group (IAG) and QBE insurance unveil profits this week. Analysts have tipped strong results across the sector, built on the recent surge in global equity ...

QBE expects Hurricane Charley claims within allowance

AAP  |  MONDAY, 16 AUG 2004
QBE Insurance Group said today it expects its net claims from Hurricane Charley in the US to be well within the substantial allowance for large losses and catastrophies in its insurance liabilities held at 30 June. The death toll for the worst hurricane ...

Mercantile Mutual Insurance gets lowered ratings from S&P

AAP  |  FRIDAY, 2 JUL 2004
... from AA-minus and removed the ratings from CreditWatch Negative. The move came after yesterday's settlement of the QBE Insurance Group acquisition of MMIA. S&P said it anticipated the downgrade in May, when QBE said the acquisition would help it become ...

Zurich sells Singapore insurance business to QBE

AAP  |  MONDAY, 24 MAY 2004
... group Zurich Financial Services said on Friday that it had agreed to sell its Singapore subsidiary to Australia's QBE Insurance. The price of the sale of 100% of Zurich Insurance Singapore's share capital is being kept confidential, Zurich said in a ...

S&P says places Mercantile Mutual on watch negative

... on CreditWatch with negative implications (previously negative outlook). This followed the announcement today of QBE Insurance Groups agreement to purchase ING's 50% share in the QBE Mercantile Mutual joint venture in Australia as well as ING's other ...

QBE buys out ING stake in QBE Mercantile Mutual JV for $740 mln

Australia's QBE Insurance Group said today that it had agreed to purchase ING's 50% stake in the QBE Mercantile Mutual joint venture. The initial purchase price for the general insurance underwriting assets is $740 million with an additional $25 million ...

QBE could be close to acquisitions

AAP  |  MONDAY, 5 APR 2004
Global insurer QBE Insurance Group could be on the verge of a significant acquisition, saying on Friday its earnings were tracking ahead of expectation in 2004. QBE upgraded its insurance profit target to the high end of between 10% and 11% after a ...

Low rainfall sparks hopes of high insurance earnings

AAP  |  THURSDAY, 9 OCT 2003
... 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. They have also flagged that IAG ...

QBE chief announces acquisitions growth strategy

WITH AAP  |  TUESDAY, 19 AUG 2003
Global insurer QBE Insurance Group Ltd is looking at a range of acquisition opportunities to spur on its earnings growth, chief executive Frank O'Halloran said today. Mr O'Halloran said acquisitions were a key part of QBE's growth strategy, adding that ...

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 ...