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| | | ... market closed almost one per cent higher on Wednesday, buoyed by strong earnings growth from media group News Corp and Insurance Australia Group (IAG) and gains among mining giants. The benchmark S&P/ASX200 index added 42.6 points, or 0.93 per cent ... |
| | | | ... be $140 million million with potential to increase to $282 million. Catastrophe-linked securities transfer specific insurance-related risks to the capital markets. The risks relate to exposure to losses arising from natural events, typically hurricanes ... |
| | | | MLC has appointed ex-Aviva Frank Lombardo to key insurance role and promoted David Evans, Andrew Howard, Sean McCormack and Graham Morrison to its insurance leadership team. Evans has been appointed general manager, direct, alliances & transformation ... |
| | | | More than six months on since NAB bought Aviva Australia's Navigator platform and insurance business, at least three key Aviva personnel have left or about to leave, while five have assumed new roles within NAB's businesses. Allan Griffiths, chief executive ... |
| | | | ... later in the European trading day after the US Labor Department reported a smaller than expected fall in weekly jobless insurance claims and orders for US manufactured goods rose by less than expected. In London, the FTSE 100 index of leading shares ... |
| | | | ... hearing on Capitol Hill where Treasury Secretary Timothy Geithner answered questions about the government's rescue of insurance giant American International Group Inc last year. Geithner oversaw the bailout as head of the Federal Reserve Bank of New ... |
| | | | AXA has entered the Romanian life insurance market by purchasing Omniasig Life, which represents $18 million in premiums. Launched in 1997, Omniasig Life sells protection products that are sold through a network of 1,400 life agents. The purchase is ... |
| | | | ... agenda among investors. Mercer expects a range of alternative asset classes and strategies to flood the market, including insurance-linked investments such as catastrophe bonds, aircraft leasing investments and social infrastructure. |
| | | | ... executive at AIA Australia, declined to comment on the departures but said he understood McConville has joined another local insurance firm. AIA Australia will announce replacements for these roles and some new appointments will be made to the firm's ... |
| | | | ... stockholders. These stockholders included the State Bank of India, Punjab National Bank, Bank of Baroda and the Life Insurance Corporation of India. Each of these companies retain an 18.5 per cent stake in UTI Asset Management. UTI Asset Management has ... |
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