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Showing 101 - 110 of 121 results for %22MS%26AD Insurance Group Holdings%22

Goldman Sachs to buy insurer USI for $1.8bn

The private equity arm of Goldman Sachs & Co has made a play for USI Holdings, the tenth largest insurance broker in the US, in a merger deal worth just under $1.8 billion (US$1.4 billion). Under the proposed merger, USI shareholders will each receive ...

Land of the giants: World's top 500 fund managers

... Ltd Australia 341 Maple-Brown Abbott Ltd 358 Perennial Investment Partners 375 Challenger Financial Services Ltd 397 Insurance Australia Group 403 Lend Lease 406 Suncorp Metway Limited 452 Balanced Equity Management Ranked by total global assets under ...

Market wrap - morning

AAP  |  THURSDAY, 31 AUG 2006
... Centre and Cabcharge Australia. The Australian stock market closed relatively flat yesterday as a stronger banking and insurance sector counterbalanced weakness among mining and oil stocks. The benchmark S&P/ASX200 was 0.3 points lower at 5067.3 while ...

NAB completes $575m insurance sale to AXA

... Hong Kong and MLC Indonesia to AXA Asia Pacific Holdings (AXA APH). The bank flagged its intentions to divest its life insurance operations in the region to AXA Asia Pacific as reported in Financial Standard more than two months ago. NAB's managing director ...

TOWER to tower after PrefSure merger

Insurance giant TOWER Australia kicks off its merger with PrefSure by re-jigging management, releasing a new product range and, in an ambitious move, rolling out more than 30 changes to its combined insurance suite. TOWER bought PrefSure Holdings early ...

NAB hands Asian life insurance to AXA

In a deal worth more than half a billion dollars, National Australia Bank (NAB) will divest its MLC life insurance businesses in Hong Kong and Indonesia to AXA Asia Pacific Holdings (AXA APH). The $575 million sell-off is part of NAB's ongoing business ...

PrefSure deal sees Tower focus on master trusts

... Limited (PrefSure) from South African group, Liberty, for $145 million as they push their strategic growth towards life insurance for master trusts. TOWER managing director, Jim Minto, said that the key aspect of the deal is that PrefSure's products ...

TOWER reduces holding in FSP dealer group

... believes service and relationships are more important to maintaining adviser support. "Our strong growth rates in Life Insurance Product sales have been significantly coming through partnerships with dealerships like FSP. While this will continue to ...

AXA primed for strong growth

AAP  |  TUESDAY, 23 AUG 2005
... Ltd expects to grow faster than its major financial services rivals in Australia for the foreseeable future. The life insurance and wealth management group surprised the market with a better than expected half-yearly net profit of $246 million, driven ...

Western Pacific buys more of MMC and Select

... its stake in MMC Asset Management (MMC) and Select Asset Management (Select) with its next strategic move aimed at the insurance sector. Through its venture capital vehicle, Western Pacific Investment, the group has taken more than 20 per cent holding ...