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Showing 331 - 340 of 392 results for "Insurance Business"

IAG ups Malaysian stake

RUTH LIEW  |  WEDNESDAY, 3 DEC 2008
... venture into general insurance and life insurance components. IAG is selling its 30 per cent interest in the life insurance business, and increasing its interest in the general insurance venture to 49 per cent - the maximum allowable under Malaysia's ...

Premium and business growth up: TOWER

MICHAEL HOBBS  |  THURSDAY, 27 NOV 2008
TOWER Australia continues to grow its insurance business posting growth in its in-force premium and new business revenues during the financial year. The insurer's inforce premiums, representing premiums on all policies that have not expired or been ...

ING offloads Taiwan life insurance for $850m

MICHAEL HOBBS  |  TUESDAY, 21 OCT 2008
ING sold its Taiwanese life insurance business to Fubon Financial Holding for a consideration equivalent to $850 million. The Dutch financial institutions will be paid in shares and subordinated debt securitie of Fubon Financial Holding. As a result ...

Insurance stays afloat

RUTH LIEW  |  TUESDAY, 21 OCT 2008
... not facing a meltdown. AIG's situation was fuelled by a small group of writing credit default swaps, not its insurance business - an exceptional occurrence, said the research firm. But there's little doubt that the face of the industry will change. More ...

HSBC contracts Allianz for insurance

MICHAEL HOBBS  |  MONDAY, 18 AUG 2008
... provides HSBS with the best possible products and services at the best possible terms for our customers." The HSBC Insurance business generated $3.5 billion in profit before tax globally last year, which accounted for 13 per cent of the groups pre tax ...

ING NZ appoints first Aus chief

CAMERON BOGGS  |  FRIDAY, 4 JUL 2008
... chief executive of ING Asia Pacific said Troup was promoted to the role after driving revenue growth at ING's insurance business OneCare over the past four years. Under her helm, ING Australia's in force premium market share in retail sales risk jumped ...

Bravura broadens UK footprint

CAMERON BOGGS  |  THURSDAY, 3 JUL 2008
... investments. Meanwhile, MGM Advantage, formerly MGM Assurance, previously used Talisman to administer its life insurance business. Following the extended contract, the group will use more Talisman modules to replace their legacy mainframe system. The ...

Macq bond insurance will diversify group

RUTH LIEW  |  TUESDAY, 10 JUN 2008
... Moody's senior vice president, Patrick Winbury. Moody's said Macquarie's rating impact would depend on how the insurance business is financed. Winbury said the $2.5 billion capitalisation for the proposed operation is a substantial sum, and expects to ...

ING snaps up Zurich advisory group

RUTH LIEW  |  FRIDAY, 23 MAY 2008
... wholly owned by ING Australia. As part of the sale agreement, Millennium3 has agreed to onsell FLS' general insurance business to Insurance Advisernet Australia (IAA), which is part of the Austbrokers network. "Millennium3 has a close working relationship ...

Premium outlines growth strategy

MICHAEL HOBBS  |  WEDNESDAY, 21 MAY 2008
Premium Wealth Management is creating a mortgage and risk insurance business, boosting its paraplanner support services and accelerating its recruitment strategy. In addition, the dealer group plans to develop a learning and professional development ...