Insurance Agency News
Corporate bonds tainted by junk rating
Wednesday September 30, 2009
BILLIONS of dollars worth of corporate bonds issued by energy and infrastructure companies, including the owners of Sydney's Lane Cove Tunnel, are likely to come under pressure after the US insurer standing behind their debt had its credit ratings cut to junk.Elders puts hand out for $400m
Tuesday September 1, 2009
THE long-term future of the rural services group Elders is set to be secured this week through an institution-backed $400 million-plus capital raising that will trigger a financing deal.Rights issue hews into Elders debt
Tuesday September 1, 2009
RURAL services group Elders hopes to secure its future later this week through an institutional-backed $400 million-plus capital raising that will trigger a new financing deal with its bankers.Suncorp and IAG avoid truck crash
Wednesday August 12, 2009
SUNCORP-METWAY has retained its stake in a specialist truck insurer it operates jointly with Insurance Australia Group, after the arch rivals settled a long-running legal battle.BHP spoiled for choice in a vote to decide its new chairman
Saturday August 1, 2009
Two fine candidates remain in the running to head the board.Elders pulls off $315m deal
Saturday August 1, 2009
ELDERS has cleared the way for a desperately needed capital raising to ease its debt woes after global insurer QBE yesterday threw the rural services group a $315 million lifeline.QBE comes to Elders' rescue with $315m
Saturday August 1, 2009
ELDERS has cleared the way for a desperately needed capital-raising to ease its debt woes after the global insurer QBE yesterday threw the rural services group a $315 million lifeline.Is climate the new asbestos?
Wednesday July 8, 2009
Directors of polluting industries should check their liability insurance.Senators boycott health rebate hearing
Wednesday June 10, 2009
OPPOSITION senators have boycotted a hearing into changes to private health insurance rebates as new data reveals more of Australia's sick are heading to private hospitals.Family To Pursue Firm For Pay-out
Monday August 18, 2008
TEN years after the flood waters receded from Wollongong, one family who still has not had their insurance claim paid wants to resume the fight.Hospital Bail-out Unlikely: Agency
Wednesday March 26, 2008
CREDIT ratings agency Standard & Poor's says it is unlikely taxpayers will have to bail out the $1 billion Royal Children's Hospital development if the project becomes a victim of the global credit crisis.Government Agency Could Ease Insurance Crisis: Liberals
Monday February 25, 2002
The Victorian Government's insurance agency should help cover some community events to combat prohibitive public liability costs, the opposition said yesterday.