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| | | ... professionals think. The current reporting season reveals that many otherwise strong institutions are being dragged down by the insurance components of their businesses, while insurers (and reinsurers) flounder. AMP, having warned investors back in May ... |
| | | | ... Australia and is considering the possibility of expanding. The firm's Employee Benefits division advises companies on group insurance for its employees, retail and corporate superannuation and global mobility. But since it set up a financial planning ... |
| | | | ... $20 million. "There is a significant opportunity for Suncorp Life Australia and New Zealand to capitalise from under-insurance and impetus for structural change," the company said when it delivered its yearly results. Suncorp group reported a net profit ... |
| | | | ... index futures contract was down 41 points at 5,038. No major economic news is expected on Thursday. In equities news, Insurance Australia Group, Seven West Media, Echo Entertainment, Pacific Brands, Origin Energy, Fortescue Metals Group, Fairfax Media ... |
| | | | ... tapering takes place are the big driver for the global economy," he said. As earnings season continues, banking and insurance group Suncorp posted a net profit of $491 million for the 2012/13 financial year, down from $724 million for the previous year. ... |
| | | | ... distribution teams expansion to a national footprint in response to increasing Financial Adviser awareness and demand of our insurance bond master platform and its strategy-wrap of financial, tax and estate planning applications." |
| | | | ... billion in its latest quarterly update. The bank followed AMP and ANZ in expressing concern about the performance of its insurance business which suffered from higher claims across the board, partially offset by lower disability claims. The Investment ... |
| | | | Life insurance industry figures released today by the Australian Prudential Regulation Authority (APRA) paint a picture of a robust industry albeit one preparing for some adjustment. In its June 2013 life insurance statistics report the regulator has ... |
| | | | ... rose 6% with in-force premiums up 7%. In line with AMP, which reported yesterday, ANZ highlighted some weakness in its insurance business with lapse rates described as 'above trend'. The bank also said it would continue to tightly manage expenses as ... |
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