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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…

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…

We pay our way, says Lloyd’s

08 May 2001

Lloyd’s has hit back at claims by leading industry figures that the exodus of insurance business to overseas markets exposes Australian policyholders to lesser standards…

Barry knows best

08 May 2001

Brisbane broker Barry Almond knows plenty about InsNet’s Sunrise Project…

Logo changes, but little else

01 May 2001

CGU and Norwich Union in Australia have begun implementing a new “visual identity” campaign to bring it into line with their parent company’s global rebranding…

NRMA healthy but under observation

01 May 2001

NRMA’s present high-profile problems aren’t doing much to bolster consumer confidence in the general insurance industry…

NRMA buyback going well

24 April 2001

No real progress figures are available at this point, but NRMA’s share buyback scheme is understood to be progressing satisfactorily…

Fit for business

24 April 2001

QBE MD Frank O’Halloran isn’t a man entirely comfortable in the limelight, unless he’s talking about his company or commenting on industry matters…