News Archive

2009

2008

Australia Insurance News

Iag Cuts Its Losses And Sells British Sinkholes

Friday December 19, 2008
INSURANCE Australia Group has sold the most financially stretched of its British businesses but has lost $90 million on the operation it bought two years ago.

Ahm Falls Into Medibank's Arms

Tuesday December 9, 2008
THE march towards a private health insurance sector dominated by just four or five large players gathered pace yesterday after an overwhelming vote in favour of a merger with Medibank Private by Australian Health Management's members.

We're Keeping Recession At Bay - For Now

Thursday December 4, 2008
AUSTRALIA is narrowly avoiding a recession - but investors are not cheering.