Pioneering portal changes its focus
24 July 2001
One of the first internet insurance portals, Insurance My Way, has reduced its financial losses within the last few months, but its dream of being a major supplier of…
Corporate
Would you like some insurance with that?
17 July 2001
Simple general insurance products will soon be available over the counter at Woolworths supermarkets…
OAMPS still on the acquisition trail
10 July 2001
OAMPS continues to extend its influence, with two more mergers over the past week…
QBE shuffles its Lloyd’s cards
03 July 2001
QBE is moving around some of interest and capacity in its Lloyd’s syndicates for the new underwriting year…
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…
Face to face technology on the cards for Lumley
26 June 2001
Lumley General and Life offices throughout Australia may install a sophisticated video-conferencing system that allows instant face-to-face interaction…
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…
Dispute goes behind closed doors
19 June 2001
NRMA’s two warring groups have taken their case out of the court and behind closed doors…
Fortis for sale: sun rising
13 June 2001
Rumours surrounding the future of Fortis in Australia continue to bubble in the market…
Fortis for sale: sun also rising?
13 June 2001
Rumours surrounding the future of Fortis in Australia continue to bubble in the 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…