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Showing 5951 - 5960 of 7051 results for "Insurance"

TOWER buys InsuranceLine

MICHAEL HOBBS  |  FRIDAY, 3 OCT 2008
TOWER Australia ramps up its market share in the direct-to-market life insurance sector after it acquired InsuranceLine, one of the largest direct distributor of life insurance products in the country. TOWER Australia bought InsuranceLine for $136 million ...

Rescue package YES, economy NO

BENJAMIN ONG  |  FRIDAY, 3 OCT 2008
... today (AEST). And to ensure that this time it passes the House, the bill now includes an increase in the Federal Deposit Insurance Corporation's (FDIC) insurance limit on bank deposits from US$100k to US$250k. It also reportedly includes a 10-year US$150.5 ...

Rescuing the rescue package

BENJAMIN ONG  |  THURSDAY, 2 OCT 2008
... US$700 billion plan more palatable to taxpayers, Congress has reportedly included tax cuts and increased bank account insurance to the bill. Whether these sweeteners are enough for the bail-out plan to get over the House of Representatives hump remains ...

AIG not impacted by bail-out failure

ALEX DUNNIN  |  TUESDAY, 30 SEP 2008
... the fast-growing Asian markets, AIG is even more dominant with market shares as high as 40 per cent. Australian life insurance regulatory and prudential structures have also ensured that AIG in Australia is separately constituted with all assets of AIG ...

Markets are a public good: PM

ALEX DUNNIN  |  MONDAY, 29 SEP 2008
... new model of restrictions and governance. "Systemically important financial institutions [including investment banks, insurance companies, hedge funds and financial clearing houses] should be licensed to operate in major economies only under the condition ...

SWFs back alternatives

RUTH LIEW  |  THURSDAY, 25 SEP 2008
... account for less than 2 per cent of global financial assets and less than 5 per cent of the assets of all private pension, insurance and managed funds.

SWIFT fast tracks insurers

MICHELLE BALTAZAR  |  THURSDAY, 25 SEP 2008
... electronic data transmission will be launched and then piloted for 12 months. The project partners include SWIFT, the global insurance standards organisation ACORD and the reinsurance companies Swiss Re, Munich Re and Scor. Rounding up the team, reinsurance ...

AEGON takes Lehman Bros hit

RUTH LIEW  |  THURSDAY, 25 SEP 2008
... filed for bankruptcy in the US, AEGON had a total general account fixed income exposure of $466 million to the firm. The insurance company also has counter party exposure in Lehman Brothers through derivatives contracts and securities lending transactions. ...

Super funds are not 'blameless'

MICHAEL HOBBS  |  THURSDAY, 25 SEP 2008
... think we may have contributed to the problem." Citing a McKinsey report, MacDonald said pension funds, mutuals and the insurance sector combined is six times larger than the so-called "powerbrokers", which includes sovereign wealth funds and petrol-rich ...

Market wrap - midday

MICHELLE BALTAZAR  |  WEDNESDAY, 24 SEP 2008
... for once ignoring overseas losses. "There is some very good buying, with stand-outs including Woolworths, Telstra, QBE Insurance and Macquarie Group. At 1208 AEST, Woolworths was up 56 cents, or 2.07 per cent, to $27.57, Telstra was six cents stronger ...