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Showing 6841 - 6850 of 7051 results for "Insurance"

AMP property trust acquires Wellington buildings

... been bought by an AMP commercial property trust in a $146 million deal. The Mobil on the Park Building and the State Insurance Tower -- formerly known as the BNZ Centre -- have been acquired by the AMP NZ Office Trust. The trust launched an offering ...

S&P says nonlife insurance sector will remain strong in 2004

AAP  |  TUESDAY, 25 MAY 2004
Strength in Australia's nonlife insurance sector is likely to continue in 2004 despite indications the insurance cycle has peaked recently, a report by Standard & Poor's Ratings Services said on Monday. The Australian nonlife insurance sector reported ...

NAB to sell AXA commercial insurance products to UK customers

AAP  |  MONDAY, 24 MAY 2004
National Australia Bank today said it will sell AXA commercial insurance products to customers of its three United Kingdom banks, under a new strategic alliance. From July, business customers of NAB's Clydesdale, Yorkshire and Northern Banks will be ...

Zurich sells Singapore insurance business to QBE

AAP  |  MONDAY, 24 MAY 2004
The Swiss insurance group Zurich Financial Services said on Friday that it had agreed to sell its Singapore subsidiary to Australia's QBE Insurance. The price of the sale of 100% of Zurich Insurance Singapore's share capital is being kept confidential ...

Retail managed funds grew by 3.2% in March Quarter: Assirt

... superannuation, that accounted for 41%. Allocated Pensions and Annuities are 13% of the market while Friendly Society bonds and Insurance bonds combined for the remaining 3%. Assirt said the increasing in the quarterly growth in retail managed funds ...

S&P says places Mercantile Mutual on watch negative

... said that it had placed its AA-minus counterparty credit and insurer financial strength ratings on Mercantile Mutual Insurance (Australia) on CreditWatch with negative implications (previously negative outlook). This followed the announcement today of ...

QBE buys out ING stake in QBE Mercantile Mutual JV for $740 mln

Australia's QBE Insurance Group said today that it had agreed to purchase ING's 50% stake in the QBE Mercantile Mutual joint venture. The initial purchase price for the general insurance underwriting assets is $740 million with an additional $25 million ...

WRAP - Ratings agencies greet pre-election budget

... however, that the high level of private sector debt placed extra pressure on the government to maintain strong finances as insurance against the potential adverse consequences of a change in investor sentiment. AAP

AMP says NZ restructuring to improve performance

... billion) in the year to December 2003. Sydney-based AMP chief executive Andrew Mohl said today about 10% of the giant insurance and fund management company's 350 to 400 Wellington based staff would be transferred to roles in Auckland. "We aren't reducing ...

Promina expects strong 2004 despite slowing premium growth

... Trans-Tasman insurer Promina Group Ltd expects another strong result in 2004 despite slowing premium growth across the insurance industry. Managing director Michael Wilkins said today the company was tracking well after a good first quarter in 2004. ...