Tag: Insurance
Roadside help for two-wheelers
The RACT is introducing a new breakdown service...for cyclists.[MORE]
NIB job cuts 'no cause for panic'
Australia's only publicly listed health insurer NIB has denied it is in financial trouble, despite axing jobs just days after posting a 99 per cent profit slump. [MORE]
High risk, low pay behind jockey exodus
Feature
The Aust Jockeys Association is launching a campaign to win a better deal for jockeys.[MORE]
Manchester Unity backs HCF merger
Private health insurer Manchester Unity Australia has backed a $256 million buyout bid.[MORE]
AMP profits down to $366m
The global credit crunch and share market volatility have cut into the interim earnings of AMP.[MORE]
Suncorp Metway profits halved
Suncorp Metway says the volatility on global stock markets and higher insurance claims for bad weather have affected its bottom line.[MORE]
IAG posts profit loss
Insurance Australia Group (IAG) has posted a big loss partly due to more frequent natural disasters and its underperforming United Kingdom business.[MORE]
Credit crisis hits world's largest insurer
The world's largest insurer, American International Group (AIG), has become the latest financial services company to suffer the brunt of the global credit crisis. [MORE]
Insurers accused of green slip 'revenue grab'
Some of Australia's insurers have been accused of slugging younger motorists by increasing the cost of green slips.[MORE]
Suncorp Metway shares fall sharply
Shares in insurer Suncorp Metway have fallen sharply in early trade after it predicted its earnings would fall in the 2008 financial year. [MORE]
HIH auditor has registration cancelled
The former auditor of the collapsed insurance giant HIH is to have his registration cancelled.[MORE]
WA insurance company in buy back
RAC insurance is set to become a wholly owned West Australian insurance company.[MORE]
Qld Govt attacks climate change coastal levy plan
The Queensland Government has slammed a proposal by Australia's leading general insurance company to introduce a levy for people living in low lying coastal areas.[MORE]
Local market buoyed by oil prices
A slide in oil prices prevented any dramatic slump in the share market today, despite Australia's largest general insurer announcing plans to cut 600 Australian jobs. [MORE]
IAG to slash 600 Australian jobs
Australia's biggest general insurer, IAG, is to cut 600 jobs in a move to improve its financial performance.[MORE]
IAG to boost efficiency, withdraw from UK
Australia's biggest general insurer has announced a restructuring of its local operations and a partial retreat from the UK market.[MORE]
HIH shareholder loses final compo bid
A shareholder in collapsed insurance company HIH has failed to reopen his case against company liquidators. [MORE]
Insurance scheme 'failing NSW homeowners'
The New South Wales Opposition says the state's Home Warranty Insurance Scheme is not protecting those most in need.[MORE]
Medibank head won't predict drop out numbers
The head of Medibank Private says he cannot yet predict how many people will drop their private cover when the Medicare surcharge threshold is lifted.[MORE]
Hawker resignation not the end of IAG woes, shareholders warn
Feature
IAG shareholders are warning there could be more fallout after the resignation of Michael Hawker.[MORE]
Scapegoating IAG chief Hawker 'un-Australian'
A stakeholder in Insurance Australia Group (IAG) says the company's former chief executive, Michael Hawker, has been made a scapegoat.[MORE]
IAG chief resigns
IAG chief executive Michael Hawker resigns after falling out with key shareholders.[MORE]
IAG 'has questions to answer' over QBE knock-back
Some analysts are expecting Insurance Australia Group's (IAG's) board to come under pressure to explain in depth why it rejected QBE's takeover offer.[MORE]
