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Corporate

Suncorp shrugs off merger distractions

05 March 2002

Suncorp Metway has shrugged off the difficulties of assimilating the AMP/GIO General Insurance operation by posting a solid $154 million profit for the six months to December 31…

A good half-year for IAG

05 March 2002

Insurance Australia Group – formerly NRMA Insurance – has announced a $49 million net profit for the half year to December 31…

Insurers likely to lag other investments

26 February 2002

The eagerly awaited annual returns of several leading insurers will be revealed this week with earnings expected to have fallen as a result of the September 11 terrorist attacks…

Takeover creates local advantage

19 February 2002

The managers of Zuellig Insurance Brokers have bought the company from the Swiss parent, and now they’re concentrating on maximising their local opportunities…

Aon counts the cost of WTC attack

19 February 2002

The September 11 attack(s) on the World Trade Centre had a double impact on No 2 global broker Aon: it cost the lives of some of the company’s top retail brokers, and…

Willis does a lot better in 2001

19 February 2002

Willis has reported record profits for both the final quarter of 2001 and the full year ended December 31…

OAMPS lifts its profit

12 February 2002

Listed insurer OAMPS has achieved a 40% increase in its operating profit for the six months to December 31, returning $7.7 million…

Goodbye, GIO

05 February 2002

GIO has gone, replaced by a run-off company…

QBE: money in the bank and shares rising

23 October 2001

QBE’s Frank O’Halloran has had a remarkable past month as his company’s fortunes have see-sawed under the impact of the September 11 attacks…

Delphi, 3rdmill get together

09 October 2001

Software supplier Delphi Information Systems has reached a new deal with 3rdmill, an application and content management company…

Suncorp seals AMP deal

02 October 2001

Suncorp Metway has completed the acquisition of the AMP, with the settlement finalised late last week…

QBE deals with its New York fallout

25 September 2001

For QBE Insurance Managing Director Frank O’Halloran, the past couple of weeks since the terrorist attacks on America have been devastating…

CGU reviews its exposures

25 September 2001

CGU in Australia is “reviewing its potential exposures” following the New York disaster…

QBE exposure leads to market rout

18 September 2001

QBE’s share price has been hammered by private and institutional investors alike since it announced yesterday afternoon that it has a big exposure to the New York disaster…