Insurance Sector

Insurance Australia Group (IAG)

Sat, 05/07/2008 - 11:38

Stock Code

IAG

Stock Exchange

Australian Securities Exchange

Insurance Australia Group Limited (IAG) is an Australia-based company engaged in the provision of general insurance services including and wide variety of both commercial and personal products. IAG was listed on the Australian Stock Exchange on the 8th of August. Its average annual revenue reaches approximately $7 billion out of its issued capital of $2 billion. Its headquarters is located in Sydney, New South Wales and to date; around 13,000 people are employed in the company.

Suncorp Metway (SUN)

Fri, 13/06/2008 - 10:54

Stock Code

SUN

Stock Exchange

Australian Securities Exchange

Suncorp-Metway Limited (SUN) is an Australian-based financial services group engaged in the provision of banking, superannuation, insurance, retail services, funds management products and corporate and commercial sector services. SUN was listed on the Australian Stock Exchange on the 7th of July 1988. Its average annual revenue reaches approximately $7 billion out of its issued capital of approximately $2 billion. Its headquarters is located in Brisbane, Australia and to date; around 16,000 people are employed in the company.

AXA Asia Pacific

Wed, 28/05/2008 - 10:48

Stock Code

AXA

Stock Exchange

Australian Securities Exchange

AXA Asia Pacific Holdings Limited (AXA) is now one of the leading providers of retirement funds, insurances, investment products as well as businesses, families and individual saving plans in the world. It is the holding company for the wealth management, life insurance and advice businesses of AXA Asia Pacific Group in countries like China, Hong Kong SAR, Thailand, Singapore, Philippines, India, Indonesia, Malaysia, New Zealand and Australia. AXA Asia Pacific was listed on the Australian Stock Exchange on the 1st of October, 1996.

AMP

Wed, 28/05/2008 - 10:23

Stock Code

AMP

Stock Exchange

Australian Securities Exchange

AMP Limited (AMP) is a financial company engaging in wealth management provision, banking and allied solutions and service as well as investment management. It serves more than 304 million customers operating mainly in Australia and New Zealand. AMP was listed on the Australian Stock Exchange on the 15th of June, 1998 and is also listed on the New Zealand Exchange in the same year. AMP has more than A$129 billion in assets under management (as at 31 December 2007). Their annual revenue reaches $10,997,000 from their issued capital of $4,012,000.

Insurance Sector Update

Mon, 28/04/2008 - 01:48

Here is an insurance sector update from Australian market analyst UBS.

Insurance Sector

108 profitability better, cost inflation up
Gross underwriting margins improving in personal lines:

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