Insurance

Frydenberg warns Queensland insurers

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Assistant Treasurer to tell conference insurers must be more flexible or face overseas competition.

Allianz profits rise 3.8% in 2014

by AFP
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Europe's largest insurer books $8.9 billion profit; misses analyst expectations.

AXA posts lift in FY profit

by AFP
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Insurance giant boosted by strong sales in life and savings business.

QBE puts mortgage insurer float on hold

Insurance giant warns stronger US dollar could reduce headline premium, swings to FY profit.

Hey, your Porsche is costing me

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Australia’s outdated car insurance regulation is stifling innovation, and safe and conservative drivers are unfairly bearing the brunt.

NIB Holdings lifts H1 profit

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Health insurance company expects FY profit at lower end of guidance range, will pay 5.5c interim dividend.

KGB Interview: AMP's Craig Meller

AMP's chief executive explains how the company has fundamentally altered the way it approaches claims and provides his outlook on global markets.

Medibank lifts interim profit

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Recently listed health insurer on track for FY prospectus forecast, declines to pay interim dividend.

AMP’s China push will rewrite the Asian playbook

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If AMP succeeds in China, it will radically overhaul how Australian institutional analysts rate the potential gains that come from investing in Asia.

IAG shares slip on H1 profit fall

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Insurer tips GWP growth at lower end of forecast range this fiscal year amid tougher market.

Steadfast to raise $300m for takeovers

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Insurance broker outlines $89m institutional placement and $211m entitlement offer.

Suncorp delivers 15% lift in H1 profit

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Insurer says growth outlook faces headwinds from increased competition, low interest rates.

Switkowski flags Suncorp CEO exit

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Switkowski says successor for Patrick Snowball should be identified by the end of 2015: report.

QBE sells US agency business

by AAP
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Insurer QBE has agreed to offload its US agency operation for $US300 million.

Hollard prepares to float Greenstone

South African-based insurer considers IPO for its $1bn-plus Australian operations.

Suncorp life head Jordan Hawke exits after advice scandal

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News follows ASIC uncovering problems with life insurance financial planning arm.

IAG says NZ quake cost rising

by AAP
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Revised figures project a final claim cost of up to $930.97m.

Medibank was chickenfeed compared to looming state sell-offs

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A wave of state asset privatisations in the new year will provide big opportunities for global infrastructure investors, and could even eclipse the Medibank bonanza.

Brisbane hail storm bill hits $804m

by AAP
The Insurance Council of Australia says Brisbane storm bill will top $800m.

IAG slugged by Brisbane hailstorm claims

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Insurer expects claims for damage to reach $170m.

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