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Showing 6871 - 6880 of 7051 results for "Insurance"

Credit quality on the turn, says S&P

... of 7.50 downgrades for every upgrade in the first half of the year. Ratings were most volatile in the corporate and insurance sectors, as a result of event risk, operating performance, or the impact of actions by offshore parent companies.

Bridges head to depart early 2004

... Bleakley is to step down and leave early in 2004 after three years at the helm of the dealer group, financial services and insurance group, Tower Ltd has announced. Tower Australia Wealth Management chief executive Andrew Barnes says Mr Bleakley took ...

Former HIH executive pleads guilty to criminal charges

William Howard, a former senior executive of the collapsed HIH Insurance group has today pleaded guilty to two counts of criminal misconduct, brought to the Court by the Australian Securities and Investments Commission (ASIC). Mr Howard appeared before ...

ASIC grants AFSL exemption to financial counselling agencies

... Act, ASIC notes that counsellors may give advice about other regulated products, such as deposit accounts, personal insurance or superannuation. The ASIC exemption means that financial counselling agencies can continue to offer full and independent counselling ...

Suncorp welcomes credit ratings upgrade from S&P

AAP  |  FRIDAY, 12 DEC 2003
... transition by Suncorp over recent years toward a more robust capital position and a stronger and more diversified general insurance franchise, together with a good performance in profitability, supported an A rating. It also reflected an improved stand-alone ...

S&P affirms A minus ratings on MBF Australia, outlook stable

AAP  |  THURSDAY, 11 DEC 2003
... stable. S&P said the ratings affirmation follows the announcement today that MBF, Australia's second largest health insurance fund, will acquire the NRMA Life and ClearView businesses from Insurance Australia Group (IAG). The acquisition comprises financial ...

IAG to sell ClearView businesses to MBF

Insurance Australia Group (IAG) has announced it has agreed to sell its ClearView businesses to MBF for approximately $220 million plus up to $50 million in earn-out, subject to business performance. Under the sale agreement, MBF will pay IAG an upfront ...

Bridges chief to step down next month

... market," he said. As part of a major restructuring, the trans-Tasman financial services group has decided to focus on core insurance and wealth management operations.

AMP expected to reveal rights offer details next week

AAP  |  WEDNESDAY, 10 DEC 2003
... again soon. "I also think that people are also probably just scared about a shortfall (for the rights issue)." JP Morgan insurance analyst Shane Fitzgerald said there were no fundamental reasons why AMP's share price had been so depressed this week. ...

HSBC to cut 450 jobs in worldwide review

... offering the highest growth among its businesses. Following the loss of 1400 jobs its UK head office because of national insurance costs; the Bank cut 90 equities positions in its London, New York and European offices last month.