Insurance

Government calls for Mint, ASIC unit scoping advisers

The government expects to sign contracts with successful advisers and start work on the scoping studies in early August.

SAI Global pushes back bidding deadline

Rival bidders to Pacific Equity Partners still poring over books.

Medibank to start roadshow next week

Three-week roadshow to kick off on July 8 for $4 billion initial public offering.

QBE creates emerging markets arm

Insurer combines Latin America, Asia Pacific divisions; appoints David Fried head.

Wesfarmers gets approval to sell broking arm

Retail giant receives regulatory approval for sale to Arthur J. Gallagher.

Suncorp eyes technology savings

Insurer looks to tech-led innovation In a bid to soften the blow of this week's writedown.

Suncorp flags $500m writedown

Insurer says non-cash writedown of intangible assets will not impact cash earnings or dividends.

IAG to buy back £157m of debt

Insurer expects gearing ratio to be at the mid-point of its targeted 30-40% of capitalisation.

IPO market back with a bang

The successful pricing of two big-ticket floats in the last week shows the Australian IPO market has shaken off early doldrums.

IAG plans Australian restructure

Insurer to split operations into personal insurance and commercial insurance arms.

Genworth Australia shares up 11 pct on debut

On their first day of trading on the ASX, shares in Genworth Australia gained 11 per cent.

Genworth IPO raises $583m

The mortgage insurer sold 220 million shares at the upper end of its IPO price range, in the year’s biggest float to date.

Allianz wants a more stable Pimco

Insurer posts fall in Q1 profit as its fund manager Pimco records soft result.

NZ regulator clears IAG's Wesfarmers buy

NZ Commerce Commission says insurer's purchase of Lumley business will not lessen competition.

NZ delays decision on IAG, Lumley deal

Corporate regulator delays decision on planned acquisition by one week.

QBE company secretary resigns

Senior executive Duncan Ramsay will be replaced by Peter Horton on June 9.

Life insurance industry contemplates reform: report

Big issues up for debate as government contemplates cutting into benefits.

Govt names managers for Medibank IPO

1 comment
Government names three investment banks to manage the multibillion dollar float, after hearing pitches from 11 banks.

Credit Suisse, Goldman well placed for Medibank prize

The two investment banks hope a past mandate and their status as leading IPO underwriters in Australia will help them win a Medibank joint lead manager role.

IAG reaffirms FY guidance

Insurer sees gross written premium growth of between 3-5% in full year.

Pages