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NRMA looks east again

03 July 2001

NRMA is looking over the numbers for AMP’s NZ operations, with a mind to making an offer…

130 go as NRMA rebuilds

26 June 2001

The No 1 general insurer has shed 40 people in the first step of its major restructure…

Suncorp takes the plunge

19 June 2001

Suncorp Metway has leapt from seventh to second in Australian insurance rankings with its $1.25 billion purchase of AMP’s Australian general insurance assets…

CGU grows with Fortis buy

19 June 2001

The Australian operations of European insurer Fortis have been sold to CGU, the local general insurance arm of British financial giant, CGNU…

Another exit from the Australian market

19 June 2001

The Fortis withdrawal from the Australian market is a major step in its strategy to move away from general insurance and diversify from the competitive European market…

Sportscover takes on UK market

22 May 2001

Melbourne-based sports insurer Sportscover has joined forces with Lloyd’s insurer Alleghany Underwriting to bring their personal accident products to the Lloyd’s market…

Mums and dads move out of NRMA

22 May 2001

The NRMA share buyback has been overwhelmingly successful – a situation that should please all parties. About 250,000 shareholders offered their shares back…

…and AAMI cashes in, anyway

22 May 2001

Personal lines rival AAMI is understood to be giving NRMA a real run for its money in the highly competitive NSW market…

Decline won’t hinder AMP much

22 May 2001

AMP says its first half results will be affected by declining equity markets. But don’t panic – operating earnings will still grow more than 9% this year…

Ratings agency fuels sale rumour

15 May 2001

Will AMP sell its general insurance arm? Ratings agency Standard & Poor’s certainly thinks it’s a better than even chance…

Lloyd’s takes a bigger share

15 May 2001

Lloyd’s Australian business grew 9% last year to $381.8 million. General liability business accounted for 40% of Lloyd’s total Australian income…

Aiming for a winning post

08 May 2001

Australia Post customers will be able to access Royal & SunAlliance’s insurance products as the result of a new website link between the two organisations…

We pay our way, says Lloyd’s

08 May 2001

Lloyd’s has hit back at claims by leading industry figures that the exodus of insurance business to overseas markets exposes Australian policyholders to lesser standards…