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| | | ... cents higher at $26.14 and Westpac had gained 18 cents to $25.34. Other financial stocks were also stronger, with QBE Insurance posting the biggest rise, up 1.74 per cent, or 23 cents, to $13.44. Wall Street closed higher overnight, with the Dow Jones ... |
| | | | MLC has made a series of changes to its insurance offering in an effort to meet customer demand for further premium savings on income protection. The National Australia Bank owned wealth manager has introduced RiskFirst rapid to its MLC Insurance product ... |
| | | | TAL Direct, a division of life insurance company TAL (formerly known as TOWER Australia), has appointed Dave Hunt as chief marketing officer. Hunt brings over a decade's experience at the executive level and led significant brand turnarounds such as ... |
| | | | ... Scott in 1987. "There is a growing level of acceptance that practices want to distance themselves from products and insurance," said Paragem managing director Ian Knox. Paragem's AFSL now has 13 practices with approximately $1.5 billion in funds under ... |
| | | | ... valuable contribution to their community and industry. The 2012 finalists include Angus Gallagher at Knightcorp Life Insurance & Wealth Management, Cameron Forbes at Forbes Financial Planning, Matt Hale at Financial Design for Life Meike Suggars at Suggars ... |
| | | | ... the next managing director, following Terry Towell's retirement from the position. Towell, a 40-year veteran of the insurance industry, will retire as chief executive after more than a decade of successful leadership at Allianz. Peiris who currently ... |
| | | | ... APRA's view, any impact of the Basel III capital reforms on the overall funding costs of banks would be a very modest insurance premium for a safer banking system," he added. The Commonwealth Bank was the first Australian bank with its $1.5 billion PERLS ... |
| | | | ... default income protection in their MySuper offers, according to a survey released at the recent AIA Australia Group Insurance Summit held in Sydney. Thirty-two executives from 26 retail and industry funds and related consultancies where surveyed on key ... |
| | | | Listed insurance company Suncorp is one of the latest to tap into investor demand for high yields with the launch of a $350 million Tier 1 hybrid offer this week. The insurance giant said that the money raised from the hybrids which are called Convertible ... |
| | | | While Australia's insurers have seen stronger growth in premiums, they have also seen insurance profits impacted by net claims and reinsurance costs during the last financial year, according to KPMG. KPMG's General Insurance Survey 2012 found that gross ... |
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