Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 80 results for "Promina"

Asteron boosts its sales and marketing team to drive growth

Asteron, the financial services division of Promina, has made a number of senior appointments to boost its sales and marketing divisions, ultimately to drive growth going forward. Asteron's general manager of sales & marketing Peter Jowett said the ...

Promina listing leads to subsidiary name change, Vero

After renaming the financial services part of the business Asteron in July, the Promina Group has announced that Royal & SunAlliance General Insurance has also undergone a name change, to Vero Insurance Ltd. The group also announced that Vero had also ...

Midday market wrap: Local shares climb after gains overnight in US

WITH AAP  |  THURSDAY, 20 NOV 2003
... financial stocks, AMP lost eight cents to $5.97 while QBE was up two cents at $10.25, IAG gained two cents to $4.31 and Promina lifted four cents to $3.31. "Resources are also a little bit firmer despite the mixed performance of commodities overnight," ...

Afternoon market wrap: Shares, bonds close down

... $6.40 as the prospect of an early takeover bid from National Australia Bank Ltd faded. Among other financial services, Promina closed steady at $3.35 and QBE gained 27 cents to $10.62. In the media sector, News Corp fell three cents to $13.09 while its ...

Low rainfall sparks hopes of high insurance earnings

AAP  |  THURSDAY, 9 OCT 2003
... producing even better than expected earnings in the coming year. Analysts at UBS have upgraded their earnings estimates for Promina Group Ltd, Insurance Australia Group Ltd (IAG) and QBE Insurance Group Ltd, saying that the low rainfall has kept a lid ...

Promina Group on track to meet profit forecast

Promina Group Ltd chief executive Mike Wilkins today said the general insurer was on track to meet its prospectus forecast of a full year net profit of $188 million in 2002/03. Mr Wilkins said that the group's first half net profit of $135 million put ...

Moody's downgrades Royal & Sun Alliance LMI

... rating from A3 to Baa1. The rating outlook, which had been negative, is stable. R&SALMI is a wholly owned subsidiary of the Promina Group. Moody's said the downgrade of R&SALMI reflects its belief that the mortgage insurer, which effectively stopped ...

Midday market wrap: All Ordinaries gain ground

... this morning. Westpac shares gained the most, adding $0.29 or 1.75% to trade at $16.58 by lunch. AMP, Qantas, Telstra and Promina shares have all had a good run in trading this morning while adding value to their share prices. All Ordinaries 3085.8 +29.5 ...

Mike Wilkins elected ICA president

Promina Group Ltd has announced its managing director and CEO Mike Wilkins has been elected president of the Insurance Council of Australia (ICA). Wilkins will replace outgoing president Raymond Jones who has been in the position since 2001. "I am honoured ...

Afternoon market wrap: Shares run out of steam

... somewhat in the afternoon session, eroding gains earlier in the day. AMP finished at $4.91, a fall of $0.07, but Tower and Promina both eked out slight gains. The four major banks were all stronger. In percentage terms ANZ was the strongest performer ...