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Showing 6851 - 6860 of 7051 results for "Insurance"

NSW government to run $300 million deficit in 2004-2005

AAP  |  TUESDAY, 6 APR 2004
... the treasurer said $365 million would be saved through spending cuts and savings. Egan ruled out raising payroll tax, insurance stamp duty, car registration and stamp duty for first homebuyers. Egan said most government agencies would have around $81 ...

QBE could be close to acquisitions

AAP  |  MONDAY, 5 APR 2004
Global insurer QBE Insurance Group could be on the verge of a significant acquisition, saying on Friday its earnings were tracking ahead of expectation in 2004. QBE upgraded its insurance profit target to the high end of between 10% and 11% after a ...

S&P assigns AA rating to GE Mortgage Insurance

... Standard & Poor's said yesterday it had assigned its AA insurer financial strength rating to Australian-based GE Mortgage Insurance. The new rating follows the announcement by GE Mortgage Insurance that it had received all necessary approvals to transfer ...

Ratings agencies tend to lag market, according to researchers

AAP  |  THURSDAY, 25 MAR 2004
... years, however, the agencies' performance has come under the microscope as companies such as Enron, WorldCom and HIH Insurance collapsed. All three had investment grade ratings just a few months before their failure, the research paper noted.

AMP Income Securities buyback offer opens

AAP  |  WEDNESDAY, 17 MAR 2004
Financial services and insurance group AMP Ltd said today it has reached agreement with the trustee for the group's Income Securities to amend the terms of the securities. The amendment makes interest payments cumulative and compounding from July 1 ...

Cooper charged with three more counts in relation to HIH

AAP  |  WEDNESDAY, 17 MAR 2004
... and former Collingwood Football Club director Brad Cooper has been charged with three more counts over the collapsed insurance company HIH, making 13 counts in total. Cooper was initially charged with 10 counts in December, after the Australian Securities ...

New regime for financial services, but unresolved issues remain

AAP  |  THURSDAY, 11 MAR 2004
... licensing requirements under the Act by today's deadline. Industry players - from major banks to building societies, insurance companies and superannuation funds, securities dealers and financial planners and advisers - have all had to spend up big on ...

Zurich boss says insurers hampered by weight of reforms

AAP  |  MONDAY, 8 MAR 2004
... Services has taken aim at the Australian government over what he believes is the regulatory overkill being imposed on the insurance industry. Chief executive John Butler said the increasing weightiness of compliance documents had made life harder for ...

SunSuper joins disclosure regime

... SunSuper Corporate's PDS included a section that can be customised on a per client basis and would cover disclosure of all insurance and fee issues.

AMP books $5.5 billion loss for 2003 after writedowns

AAP  |  THURSDAY, 4 MAR 2004
... demerged its struggling United Kingdom business HHG plc in December last year, compared to a $896 million loss in 2002. The insurance and financial services company's net profit after tax and before other items for the year to December 31, 2003 was $619 ...