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Showing 121 - 127 of 127 results for "Insurance Australia"

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 ...

S&P raises ratings on Promina subsidiaries

... the initial public offering (IPO). The ratings on the two major Promina subsidiaries, Royal & Sun Alliance Insurance Australia and Royal & Sun Alliance Insurance New Zealand, are raised to A with a stable outlook from A-minus with a developing outlook. ...

IAG issues $400 million in subordinated notes in North America

Insurance Australia Group, the parent company of Australasia's leading general insurance group, today announced the successful allocation of US$240 million ($400 million) of subordinated notes to lenders in the North American private placement market. ...

Colonial hires Dixon as general manager of investments

David Dixon, current chief investment officer at Insurance Australia Group (IAG) and former head of Australian equities at Westpac Investment Management, has been appointed the general manager of investments at Colonial First State and will take up ...

IAG half-year profits up 27% to $290 million

John Fernando Insurance Australia Group (IAG) today announced a 27% increase in its half-year profit to December 31 over the corresponding period in 2001. The company's insurance profits rose from $125 million to $290 million over the six-month period. ...