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Showing 6821 - 6830 of 7051 results for "Insurance"

S&P affirms Zurich Aust ratings, outlook stable

AAP  |  MONDAY, 2 AUG 2004
... it has affirmed its A insurer financial strength and counterparty credit ratings on nonlife insurer Zurich Australian Insurance (ZAIL), and life insurance subsidiary Zurich Australia (ZAL), together Zurich Australia. The outlook on both companies is ...

Transition to IFRS will be smooth; APRA

... International Financial Reporting Standards (IFRS), which will apply to authorised deposit-taking institutions, life and general insurance companies. But APRA said it would not enact any changes to the prudential framework effecting these groups before ...

Increase in insurance premiums far less severe

AAP  |  MONDAY, 26 JUL 2004
Insurance premiums are continuing to rise, but increases across most commercial classes are far less severe than in recent years, a report by the National Insurance Brokers Association (NIBA) has found. The NIBA analysed June renewals data of its brokers ...

Chief executive Hawker shuffles the deck at IAG

AAP  |  WEDNESDAY, 21 JUL 2004
Chief executive Michael Hawker has shuffled the top ranks at Insurance Australia Group (IAG) in a bid to better align management with the insurer\'s business in 2004. IAG\'s structure has been divided along personal and commercial lines. Personal insurance ...

IAG reveals new internal structure

AAP  |  TUESDAY, 20 JUL 2004
Insurance Australia Group today announced a new structure for its Australian insurance operations that is more closely aligned to its core products personal insurance and commercial classes. Australian Personal Insurance includes home, motor, niche ...

Three former FAI executives committed to stand trial

AAP  |  TUESDAY, 20 JUL 2004
Three former FAI Insurance executives were on Monday committed to stand trial on charges stemming from the royal commission into the $5.3 billion collapse of HIH Insurance. The Australian Securities and Investments Commission (ASIC) brought the charges ...

ICA appoints David Knott to review submissions on draft code

AAP  |  MONDAY, 19 JUL 2004
The Insurance Council of Australia (ICA) on Friday said it had appointed the former Australian Securities and Investments Commission (ASIC) chairman, David Knott, to independently review public submissions on the industry\'s new draft code of practice. ...

Auditors deceived about FAI reinsurance, court told

AAP  |  TUESDAY, 13 JUL 2004
Auditors were misled about financial arrangements which helped FAI Insurance record an $8.6 million profit rather than a loss of almost $20 million, a committal hearing for three former FAI executives heard on Monday. The Australian Securities and Investments ...

New Zurich Financial Services Australia chief executive

AAP  |  MONDAY, 5 JUL 2004
... chairman and chief executive Tom Brown as the chief executive, succeeding John Butler. Brown commenced his career at Royal Insurance Group in Australia in 1971 and has performed a number of senior executive and board roles in Australia and the UK. From ...

Mercantile Mutual Insurance gets lowered ratings from S&P

AAP  |  FRIDAY, 2 JUL 2004
Standard & Poor's has lowered its ratings on Mercantile Mutual Insurance (Australia). The ratings agency said it lowered its insurer financial strength and counterparty ratings on MMIA to A-plus from AA-minus and removed the ratings from CreditWatch ...