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Showing 131 - 140 of 149 results for "Australia Group"

IAG expects above 12% insurance margins ahead

AAP  |  THURSDAY, 19 AUG 2004
Insurance Australia Group (IAG) expects to sustain an insurance margin above 12%, today unveiling a bumper net profit enhanced by huge returns on its sharemarket investments. IAG booked a net profit of $665 million for the year to 30 June, compared ...

Insurers expected to report big profits this week

AAP  |  TUESDAY, 17 AUG 2004
... insurance companies in 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 ...

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 ...

Macarthur Cook announces expansion plans

... total portfolio, will continue to be managed by National Corporate Investment Services, a division of the National Australia group. Investors will also be granted 100 free options over shares in Macarthur Cook for every $5,000 held in the mortgage fund. ...

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. ...