News tagged with “insurance australia group”. Found:
13 tagged news reports.
Your Search Returned 13 tagged news reports
US insurance giant moves online
Melbourne :: Australia | about 14 hours ago
Credibility
Progressive Direct is looking for a slice of the nation's $9 billion car insurance market with internet-only selling. Several overseas companies have been circling the Australian market, but Progessive's entry represents by far the biggest headache to...
Tags: car insurance, Suncorp, Insurance Australia Group, Australian Prudential Regulation Authority, Australia, Melbourne, NRMA, Progressive Corporation, Business Finance, Royal Automobile Club of Victoria, Suncorp-Metway, Vehicle insurance, Insurance, Types of insurance
IAG to take 26% stake in Indian JV
Mumbai :: India | 4 days ago
Credibility The investment, to be funded from internal sources, is in a joint venture with the State Bank of India, that country's biggest, to set up a general insurer to be known as SBI General, Sydney-based IAG said in a statement on Friday. The capital had been...
Tags: IAG, joint venture, India, Mumbai, Business Finance, Insurance Australia Group, State Bank of India
Flurry of IPOs signals IPO rebound to continue
Los Angeles :: CA :: USA | 19 days ago
Credibility The flurry of initial public offerings this week is confirmation that this fall's rebound in the market wasn't a fluke and sets the stage for more companies to raise money through IPOs in 2010. But the response to two of the newly public companies shows...
Tags: Cloud Peak Energy Inc., Rio Tinto, Cloud Peak IPO, New York Stock Exchange, public offering, initial public, coal produced, peak ipos, Days Group Holdings Ltd., Los Angeles, Corporate finance, Initial public offering, Stock market, Business Finance, Rio Tinto Group, Stock exchange, American Depositary Share, Equity securities, Coal, Cent, Insurance Australia Group, QBE Insurance, United States dollar, Australian Securities Exchange, Rio Tinto Alcan, Credit Suisse
QBE shadow cast in another direction
Sydney :: Australia | 22 days ago
Credibility Faced with another dry spell, Insurance Australia Group executives are breathing a little more easily. Storms, hail and floods represent the costliest and most frequent payouts for general insurers, and so far this financial year natural disasters are...
Tags: QBE Insurance, IAG, Becton, Insurance Australia Group, Rio Tinto, unlisted fund, Australia, Sydney, Rio Tinto Group, Insurance, Stock, Australian Securities Exchange, Business Finance
IAG battered but not out
Sydney :: Australia | 3 months ago
Credibility Australia Group has swung back into profitability but its earnings were hit by higher-than-expected payouts due to natural disasters and a slower turnaround across its commercial insurance arm. CGU after he launched a restructure aimed at restoring the...
Tags: Insurance Australia Group, IAG
Bushfires bill could top $2b
Melbourne :: Australia | 10 months ago
Credibility But some believe the wider blow to the economy could easily exceed $2 billion as shockwaves of the fire is felt in other areas such as lost crops and damage to public infrastructure...Share your sorrow over the tragedy More than 750 homes have so far...
SBI-AIG JV for general insurance sector
Mumbai :: India | about 1 year ago
Credibility Country's largest lender State Bank of India on Monday said it has entered into a joint venture with Insurance Australia Group (IAG) for its foray into the general insurance business. State Bank will be holding a 74 per cent stake while the balance 26...
Tags: IAG, State Bank of India, Reserve Bank of India, general insurance, joint venture, SBI, Insurance Australia Group, insurance market, cent stake
Suncorp lifts banking profit forecast
Sydney :: Australia | about 1 year ago
Credibility Suncorp-Metway, Australia's second-biggest car and home insurer, sees year growth in banking profit before tax and bad debts in the high teens, and said it would take first-quarter impairment loss of $73 million. The growth in banking profit is up from...
Tags: Suncorp-Metway Ltd., banks profit, bad debts, profit forecast, percentage growth, previous guidance, Insurance Australia Group, digit growth, South-East Queensland
QBE confirms full year profit margin
Sydney :: Australia | about 1 year ago
Credibility The insurance giant booked a net profit of $859 million for the half to June 30, down from $921 million in the first half of 2007 but that was in line with market expectations. A key profitability measure, insurance profit before tax margin to net earned...
Tags: earned premium, Insurance Australia Group, net earned, QBE, net profitability, Allianz Australia, PMI Australia, insurers profitability
IAG boss Michael Hawker resigns
Sydney :: Australia | about 1 year ago
Credibility Insurance Australia Group chief executive Michael Hawker has resigned amid mounting shareholder anger over the insurer's rejection of QBE Insurance Group's $A8.7 billion ($NZ10.7 billion) takeover bid. Mr Hawker, who will be replaced immediately by chief...
Tags: IAG, Insurance Australia Group, chief executive, rival qbe, Mr Hawker, Michael Hawker, iag chief
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