Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 301 - 310 of 311 results for "General insurance"

Wesfarmers to buy Edward Lumley Holdings for $320 million

... assume the ELH's external debt of $55 million. The gross written premium from ELH's Australian and New Zealand general insurance operations in 2001/2002 was $580 million, and Wesfarmers said that the sector was expected to "increase significantly in ...

APRA introduces licence fees for new ADIs

... Authority (APRA) has introduced licence fees of up to $68,200 for new authorised deposit-taking institutions (ADIs), general insurance companies and life insurance companies, it has announced. APRA chief executive Graeme Thompson said that licensing ...

FLS branches out into general insurance

Financial planning dealer group Financial Lifestyle Solutions (FLS) has launched a general insurance broking business to attract existing brokers and multi agents feeling the administrative strain of compliance under the new Financial Services Regime ...

S&P raises ratings on Promina subsidiaries

... has raised the 'insurer financial strength' and 'counter-party credit' ratings on Promina Group's principal general insurance subsidiaries to A from A-minus following the successful completion of the initial public offering (IPO). The ratings on the ...

APRA licensing process "easier" than AFSL: Littrell

... number of superannuation funds within the industry. "This is not our aim. In 2002, for example, we relicensed the general insurance industry. Of the roughly 150 applications received, only about five entries ultimately had their applications refused. ...

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. ...

ASIC takes action against Rural and General Insurance

... Securities and Investments Commission (ASIC) has obtained orders in the Federal Court in Sydney requiring Rural and General Insurance Broking Pty Limited (Rural and General) to remove material from its website pending further orders. The orders were ...

ASIC releases revised AFS licence conditions

... interests in superannuation funds (other than public offer superannuation funds), retirement savings accounts, general insurance products, deposit-taking facilities, foreign exchange and non-cash payment facilities have until March 11 2004 to meet the ...

ASIC suspends registration of Sydney-based liquidator

... period of four years as he failed to adequately and properly carry out his duties as the auditor of Rural and General Insurance Limited from 1996 to 2000. Greer, of Sydney accounting firm Griffiths, Forrest & Greer, consented to the suspension. During ...

Suncorp replaces Moynihan with ex-CBA exec in wealth management

... its current business model with one based on four distinct business lines-Retail Banking, Business Banking, General Insurance, and Wealth Management. "As part of the restructuring, Greg Moynihan, the former group executive Banking and Wealth Management ...