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Showing 691 - 700 of 706 results for "Life insurer"

After 10 years AXA seeks 100% control of Asia Pacific unit

AAP  |  MONDAY, 9 AUG 2004
... Australia\'s struggling National Mutual Holdings. Renamed AXA Asia Pacific Holdings and now Australia\'s second largest life insurer, the company could become wholly owned by its French-based parent with AXA SA sounding out its offshoot about a $3.1 ...

AXA shares soar 19% after resuming trading

AAP  |  FRIDAY, 6 AUG 2004
Shares in Australia\'s second largest life insurer AXA Asia Pacific Holdings jumped 19% when trading resumed today, after news directors were considering a $3.1 billion takeover bid by its parent company. The shares, which had been in a trading halt ...

S&P affirms Zurich Aust ratings, outlook stable

AAP  |  MONDAY, 2 AUG 2004
Standard & Poor\'s Ratings Services said today that it has affirmed its A insurer financial strength and counterparty credit ratings on nonlife insurer Zurich Australian Insurance (ZAIL), and life insurance subsidiary Zurich Australia (ZAL), together ...

S&P says winds blowing in favour of Aust life insurers

AAP  |  THURSDAY, 3 JUN 2004
A report by ratings agency Standard & Poor's has underlined the view that times are good for Australian life insurers. The operating environment for the life insurers has improved since investment markets began to kick higher in early 2003. S&P said ...

APRA gains more powers to act against dishonest execs

AAP  |  WEDNESDAY, 3 MAR 2004
Financial executives will face tough new monitoring by regulators following the latest series of reforms after the collapse of HIH insurance. Media reports today said the financial services industry would face tough new rules designed to expand the ...

ING posts 50% increase in net profit

AAP  |  MONDAY, 1 MAR 2004
... and New Zealand Banking Group said today that ING Australia, the nation's fourth largest retail fund manager and life insurer, posted a 50% increase in net profit in 2003. The ING Australia operation, which is 49% owned by ANZ, had net profit of $215.4 ...

NAB confirms discussions with ACCC over AMP takeover

AAP  |  TUESDAY, 21 OCT 2003
... obvious area for investigation by the ACCC, with particular reference to any NAB takeover of Australia's largest life insurer. "I think wealth management and funds management is an obvious area because a combination of NAB and AMP wealth management would ...

Afternoon Market Wrap: AXS hits 16-month high

... to $28.21, ANZ was three cents lower at $18.19 and Westpac Banking Corp was three cents weaker at $16.50. Troubled life insurer and fund manager AMP, which revealed it will slash the book value of its UK business by $2.4 billion under its demerger plan ...

Consumer watchdog signals two-year ban on genetic testing

AAP  |  THURSDAY, 9 OCT 2003
Australia's consumer watchdog today indicated it would approve a two-year ban on life insurance companies asking clients to have genetic testing. The Australian Competition and Consumer Commission (ACCC) said it wanted to give insurers and the government ...

AMP asks for more debt

AAP  |  TUESDAY, 7 OCT 2003
Troubled fund manager and life insurer AMP Ltd has reportedly asked Britain's Financial Services Authority (FSA) to accept a higher level of debt in its United Kingdom operations. AMP wanted permission to increase the debt in a "last ditch effort to ...