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QBE counts the cost of US disaster

19 March 2002

QBE Insurance has experienced its first loss in more than 20 years, with the September 11 terrorist attacks resulting in a “devastating” annual loss of $25 million…

OAMPS still on a brokerage buying spree

19 March 2002

OAMPS has again expanded its presence in the insurance market, with new acquisitions in WA and NSW that are expected to generate about $5 million in premium revenue…

ACC gets a good/better Best rating

19 March 2002

New Zealand’s government-owned Accident Compensation Corporation has been given an A+ rating by AM Best for maintaining superior capital adequacy ratios…

Trowbridge keeps on expanding

19 March 2002

Deloitte Touche Tohmatsu’s Australian-made subsidiary Trowbridge Consulting has expanded its operations into Spain and South Africa and now covers 16 countries across the globe…

Suncorp shrugs off merger distractions

05 March 2002

Suncorp Metway has shrugged off the difficulties of assimilating the AMP/GIO General Insurance operation by posting a solid $154 million profit for the six months to December 31…

A good half-year for IAG

05 March 2002

Insurance Australia Group – formerly NRMA Insurance – has announced a $49 million net profit for the half year to December 31…

Insurers likely to lag other investments

26 February 2002

The eagerly awaited annual returns of several leading insurers will be revealed this week with earnings expected to have fallen as a result of the September 11 terrorist attacks…

Takeover creates local advantage

19 February 2002

The managers of Zuellig Insurance Brokers have bought the company from the Swiss parent, and now they’re concentrating on maximising their local opportunities…

Aon counts the cost of WTC attack

19 February 2002

The September 11 attack(s) on the World Trade Centre had a double impact on No 2 global broker Aon: it cost the lives of some of the company’s top retail brokers, and…

Willis does a lot better in 2001

19 February 2002

Willis has reported record profits for both the final quarter of 2001 and the full year ended December 31…

OAMPS lifts its profit

12 February 2002

Listed insurer OAMPS has achieved a 40% increase in its operating profit for the six months to December 31, returning $7.7 million…

Goodbye, GIO

05 February 2002

GIO has gone, replaced by a run-off company…

QBE: money in the bank and shares rising

23 October 2001

QBE’s Frank O’Halloran has had a remarkable past month as his company’s fortunes have see-sawed under the impact of the September 11 attacks…