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Showing 271 - 280 of 311 results for "General insurance"

QBE Insurance issues $530 mln in convertible securities

AAP  |  TUESDAY, 21 SEP 2004
... million net funds after expenses. The proceeds will assist repayment of the bridge facility for the ING Australia general insurance acquisition and the funding of approximately STG58 million of capital required by Lloyds to support an additional STG52 ...

APRA appoint Byres executive general manager - DID

... early work on the new Basel capital accord (Basel II) and played a significant role in the development of the general insurance reforms which came into force from July 2002, the regulator said. Prior to joining APRA, Byres spent 13 years with the Reserve ...

Promina's first half shines, full-year to beat guidance

... overall [return on capital] will be higher than the top end of our long-term range," Wilkins said. Promina's general insurance division reported a 31% improvement in its bottom line results, built on an increased insurance margin to 10.4% from 9.1%. ...

Zurich Financial says first-half net profit up 93%

AAP  |  FRIDAY, 20 AUG 2004
... line with analysts\' expectations. The company said the improved results were due to a significant increase in general insurance underwriting. Zurich Financial does not break out second-quarter figures. Its first-quarter net profit was $US702 million ...

ASIC commences proceedings against Sydney firm, broker

AAP  |  FRIDAY, 13 AUG 2004
... broker. ASIC has labeled Anthony a bogus broker. The corporate watchdog said he is alleged to have acted as a general insurance broker and agent without a licence, and to have misappropriated client funds as well as engaging in misleading and deceptive ...

Transition to IFRS will be smooth; APRA

... International Financial Reporting Standards (IFRS), which will apply to authorised deposit-taking institutions, life and general insurance companies. But APRA said it would not enact any changes to the prudential framework effecting these groups before ...

Three former FAI executives committed to stand trial

AAP  |  TUESDAY, 20 JUL 2004
... charges based on evidence given to the 15 month royal commission into Australia\'s biggest corporate disaster. FAI General Insurance Company finance director Tim Mainprize, chief operating officer, Daniel Wilkie, and Reinsurance manager Stephen Burroughs ...

ICA appoints David Knott to review submissions on draft code

AAP  |  MONDAY, 19 JUL 2004
... all written comments regarding the draft code, which was unveiled last month ahead of the adoption of a new General Insurance Code of Practice. Knott would then prepare a final report to assist ICA in revising the code to incorporate consumer and other ...

S&P to monitor APRA probe into Zurich

AAP  |  THURSDAY, 17 JUN 2004
... financial year. APRA said it was focusing on "certain past and now unwound reinsurance transactions" by Zurich's general insurance business. S&P said it will assess "any possible negative implications for the stand-alone financial strength" of Zurich. ...

APRA says Zurich policyholders funds are safe

AAP  |  WEDNESDAY, 16 JUN 2004
... financial year. APRA said it was focusing on "certain past and now unwound reinsurance transactions" by Zurich's general insurance business. Since 2002, the regulator has been checking the legitimacy of reinsurance contracts taken out by Australian insurers ...