Thursday July 24, 2008
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Latest Australia & New Zealand Insurance News

  • Morgan blooms at JC Flowers 24 Jul 2008 16:37 GMT
    ... businesses after becoming an operating partner and Australian chairman of private equity firm JC Flowers ... the financial services sector, including wealth, banking, insurance, financial intermediaries and reinsurance businesses in run-off ...

  • NZ cuts rates as slowdown bites 24 Jul 2008 16:37 GMT
    ... NEW Zealand's central bank has cut its benchmark official ... risk that the RBNZ pauses after some 'insurance cuts', there is greater probability of some ... inflation outlook," Ms Turner said. Against the Australian dollar, the Kiwi dollar fell to 77.29c, ...

  • Oil price, Wall Street push bourse up 24 Jul 2008 16:35 GMT
    ... gains in financials and industrials pushed the Australian share market up yesterday after Wall Street ... up 3.4 per cent at $17.48, QBE Insurance up 5.4 per cent at $24.03, AMP ...

  • Circumventing Bank Failure Risk 24 Jul 2008 15:48 GMT
    ... fundamental bank risk, and should take action to hedge against it. As countries like Australia, New Zealand do not offer insurance against bank failure; and the American FDIC remains (very) limited with funding, this calls ...

  • BRIEFING - ASIA BANKING - JULY 24, 2008 24 Jul 2008 15:30 GMT
    ... three months until the end of July. AUSTRALIA COULD TAKE LEAF OUT OF NZ'S BOOK ... BOOK AND CUT RATES SYDNEY - The New Zealand economy's response to high interest rates and ... CHINA, CHINA MINSHENG BANK CLEARED TO SELL INSURANCE BEIJING - The Bank of China and ...

  • BRIEFING - ASIA ECONOMIC NEWS - JULY 24, 2008 24 Jul 2008 13:33 GMT
    ... billion was made by the public sector. AUSTRALIA COULD TAKE LEAF OUT OF NZ'S BOOK ... BOOK AND CUT RATES SYDNEY - The New Zealand economy's response to high interest rates and ... the Chamber on Wednesday covered labour, agriculture, insurance, pension funds, civil aviation, retail and FDIs. ...

  • NZ passes law to ratify China trade deal 24 Jul 2008 13:32 GMT
    ... NZ passes law to ratify China trade deal WELLINGTON, New Zealand (AP) New Zealand's Parliament on Thursday passed ... agreement also covers the services sector, from insurance and banking to education and labor supply. ...

  • New Zealand law ratifies China trade deal 24 Jul 2008 13:29 GMT
    ... The China Free Trade Agreement Bill, which will phase ... on over $150 million worth of current New Zealand exports to China," Goff said in statement. ... agreement also covers the services sector, from insurance and banking to education and labor supply. ...

  • New PriceWatch Alerts for BAC, YHOO, BIDU, WFT, and WFR 24 Jul 2008 13:27 GMT
    ... New PriceWatch Alerts for BAC, YHOO, BIDU, WFT, and ... out enough lattes to pay for health insurance in America." -- Elizabeth Warren, Professor, Harvard ... to boost automobile and financial shares. Elsewhere, New Zealand stocks spiked after the central bank cut ...

  • Trust! Manmohan Singh will now bat for reforms 24 Jul 2008 12:52 GMT
    ... raise the foreign direct investment ceiling for insurance companies from 26 percent to 49 percent, ... governors and the NSG. They are Argentina, Australia, Austria, Brazil, Canada, China, Croatia, Finland, France, ...

  • L&G chief stokes up the pressure on RBS 24 Jul 2008 12:52 GMT
    ... have "quite a lot to answer for". Insurance giant Legal & General (L&G) said that ... it emerged that plans to sell the Australian and New Zealand arms of ABN Amro could be back ...

  • India's first microinsurance platform 24 Jul 2008 12:51 GMT
    ... Thursday announced the launch of its on-demand micro-insurance technology platform called MF-Insure. It combines IT ... privately-held IT company with operations in India, Australia and Singapore. ...

  • Ball Corporation Announces Second Quarter Results 24 Jul 2008 12:50 GMT
    ... quarter of a small aerospace business in Australia. "We are pleased that comparable earnings for ... absence of $17 million of business interruption insurance proceeds in 2007 stemming from a 2006 ...

  • Joakim Nygard's Blog: Timezones in MySQL and PHP 24 Jul 2008 12:50 GMT
    ... For Sale Northville http://www7.kkmvrg.net/1fb Send Money To Australia http://www1.csfqfmpqx.net/1ok South Carolina Real Estate Tax http://www4.kkmvrg.net/sk ... Amsterdam Literacy Rate http://www6.yjmmmpol.net/4w Georgia Group Health Insurance http://www0.yjmmmpol.net/1bu Blood Types Universal Donor http://www1.yjmmmpol.net/xh Heater ...

  • New Zealand passes law to ratify free trade deal with China; first for developed economy 24 Jul 2008 12:50 GMT
    ... "Initial tariff cuts will take place on Oct. 1, ... on over $150 million worth of current New Zealand exports to China," Goff said in statement. ... agreement also covers the services sector, from insurance and banking to education and labor supply. ...

  • MAS Review Panels Can Consider All Aspects Of An Assessment 24 Jul 2008 12:48 GMT
    ... McKee v Allianz Australia Insurance Limited [2008] NSWCA 163 A Review Panel has jurisdiction under s 63 to consider ...

  • Resources: Woodside warns on dodgy share offer 24 Jul 2008 12:48 GMT
    ... register to Hassle Free. In March, NIB Insurance issued a warning to its shareholders about ... Bendigo was averaging $15.20 a share. The Australian Securities and Investments Commission has advice for ...

  • New Gold Announces Q2 Production, Cash Cost and New Afton Project Update 24 Jul 2008 12:47 GMT
    ... Second quarter results at Peak Mines in Australia included production of 21,114 ounces of gold ... bullion losses (and the risk of inadequate insurance or inability to obtain insurance, to cover ...

  • Why the bad mood, SA? 24 Jul 2008 12:45 GMT
    ... security, including the Road Accident Fund, Unemployment Insurance Fund and of course the 12.4-million social ... to lift per capita incomes quicker than Australia, Brazil, Germany, France, Italy, the UK and ...

  • Asian bond spreads flat despite slide in oil prices 24 Jul 2008 12:44 GMT
    ... most part after data on Wednesday from Australia and Singapore offered some signs that headline ... Its five-year credit default swaps (CDS), or insurance-like contracts that protect investors against defaults, narrowed ...


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