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Showing 51 - 60 of 61 results for %22Insurance Contracts Act%22

AEGON takes Lehman Bros hit

RUTH LIEW  |  THURSDAY, 25 SEP 2008
... filed for bankruptcy in the US, AEGON had a total general account fixed income exposure of $466 million to the firm. The insurance company also has counter party exposure in Lehman Brothers through derivatives contracts and securities lending transactions. ...

Market Wrap - Midday

AAP  |  THURSDAY, 18 SEP 2008
Banking stocks dragged the Australian share market down at noon as the bailout of insurance giant American International Group (AIG) failed to calm global financial markets. At 1200 AEST, the benchmark S&P/ASX200 was 166.8 points or 3.53 per cent lower ...

Market Wrap - Morning

AAP  |  THURSDAY, 10 APR 2008
... hit in mid-March. HONG KONG - Stocks fell in volatile trade, dragged down by losses in Chinese stocks, with oil and insurance shares leading the fall. The Hang Seng ended down 1.35 per cent, or 327.12 points, at 23,984.57. WELLINGTON - The New Zealand ...

Market Wrap - Midday

AAP  |  FRIDAY, 26 OCT 2007
... Billiton was up 87 cents to $45.61, while Rio Tinto enjoyed a rise of $3.21, or 3.07 per cent, to $107.64. Mr Turner said Insurance Australia Group (IAG) had recorded a large fall on the back of its downgraded revenue forecast. "The big action is coming ...

Market wrap - midday

AAP  |  FRIDAY, 23 FEB 2007
... announced the possibility of a further takeover approach. At 1209 AEDT, Coles's share price was up a 1.37 to $15.87. The insurance group QBE also appreciated, he said, its shares rising 44 cents to $32.47 at 1209 AEDT after it announced that profits ...

APRA releases tough standards for insurance industry

... Authority (APRA) has issued draft prudential standards on a proposed strengthening of the prudential supervision of general insurance for risk and financial management. The draft standards include a discussion paper and guidance notes. The package proposals ...

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 ...

ASIC issues urgent insurance warning to Cootamundra Insurance clients

The Australian Securities and Investments Commission (ASIC) is urging those who arranged insurance policies through Cootamundra Insurance Consultants in Cootamundra, NSW or Insurance Made Easy in the Lennox Heads area of NSW to contact their insurance ...

ASIC issues warning on AMCO and United insurance policies

... Commission (ASIC) has taken further Federal Court action in relation to four Australian companies who have been writing insurance on behalf of Bosnian-based insurer Grand Osiguranje AD Zvornik (Grand), after serious concerns surfaced last week about ...

ASIC takes action against Bosnian-based insurer

... Investments Commission (ASIC) today announced that it had take action against four Australian companies who have been writing insurance on behalf of Bosnian-based insurer Grand Osiguranje AD Zvornik (Grand). ASIC obtained interim orders in the Federal ...