Property Insurance News
Recovery under way at Suncorp
Thursday February 25, 2010
SUNCORP Metway will slice dividends to preserve cash for its troubled banking arm, but its chief executive, Patrick Snowball, has pledged to rebuild the financial services group from the ground up over the next few years as he seeks to improve returns and win over investors.Insurance to rise with sea levels
Wednesday October 28, 2009
INSURANCE premiums will rise if no action is taken on climate change, the financial services minister, Chris Bowen, told Parliament yesterday.On the up: the bill that made this farmer angry
Wednesday September 16, 2009
FOR chicken farmer Michael Shaw it was a farm insurance bill big enough to raise his eyebrows, blood pressure and ire. His annual bill including tax and levies, which he paid just a few days ago, had jumped by 10.2 per cent to nearly $9450.Qbe Goes On $2 Billion Spending Spree In Us
Thursday November 27, 2008
QBE Insurance will raise up to $2 billion to fund an overseas buying spree, with the underwriting giant snapping up five mid-size insurance specialists, mostly aimed at widening its US presence.Without Reserve
Saturday September 13, 2008
Property insurance goes greenHundreds Of Jobs To Go As Insurance Giant Moves To Restore Confidence
Monday July 7, 2008
HUNDREDS of jobs will go in a shake-up of Insurance Australia Group that new chief executive Mike Wilkins will unveil this week as part of his efforts to restore confidence.Property Investment Is Safe As Houses If You Consider Pitfalls And Possibilities
Saturday June 28, 2008
DIRECT property (as opposed to listed property) is popular with investors. Because of its tangible nature, it may feel less risky than other investments like shares. But is it?Firepower Creditors Home In On Wife's $5m Property
Tuesday June 24, 2008
CREDITORS have been desperately preparing to file caveats on this $5 million waterfront property in Donegal Crescent, Bundall on the Gold Coast. Why? It is owned by Sandra Johnston, wife of Firepower's Tim Johnston, who is eluding authorities after leaving a debt trail across the country.Property Man Kaye Cleared Of Fraud
Saturday April 5, 2008
PROPERTY promoter Henry Kaye has been cleared of fraud after a solicitor recovered notes showing he had sought legal advice about an insurance-related letter over a $17.7 million credit facility.Premiums To Rise At Iag
Saturday March 1, 2008
INSURANCE holders will have to foot the bill for the big losses sweeping the industry.Deposit Bonds On The Nose With Property Vendors
Saturday October 13, 2007
THINK of it as a deposit for a deposit. You pay an insurance company $800 to guarantee that you're good for a house deposit of $80,000. It's money for jam.Life's Better With It Than Without It
Tuesday August 28, 2007
The younger you are, the more you need insurance, writes Leesha McKenny.