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Smash repairers collide with insurers
Published December 2, 2008, 6:11 pm, The Age
Smash repairers allege misuse of market power by large insurance companies threatens to send them broke.
Insurers respond to smash repairs industry
Published December 2, 2008, 6:11 pm, The Age
Read a response from insurer Suncorp on allegations of market power misuse by smash repairers.
IAG increases stake in AmAssurance
Published December 2, 2008, 3:34 am, Insurance Business Review
Insurance Australia Group has announced that it is increasing its interest in the general insurance business of AmAssurance, its joint venture in Malaysia, from 30% to 49%, and at the same time exiting the life insurance part of the business.
China Airlines, Parkway, Via: Asia Ex-Japan Equity Preview
Published December 1, 2008, 4:14 pm, Bloomberg
Dec. 2 (Bloomberg) -- The following companies may have unusual price changes today in Asia trading , excluding Japan. Stock symbols are in parentheses, and share prices are from the previous close, unless noted otherwise.
IAG increases Stake in Malaysian General Insurer AmAssurance
Published December 1, 2008, 3:31 am, Insurance Journal
Insurance Australia Group Limited announced that it is increasing its interest in the general insurance business of AmAssurance, its joint venture in Malaysia, from 30 percent to 49 percent, and at th
Parkway Holdings sells stake in IAG Healthsciences Group
Published December 1, 2008, 3:27 am, Channel NewsAsia
SINGAPORE : Healthcare provider Parkway Holdings has sold a 26 per cent stake in IAG Healthsciences Group for nearly S$25 million. When the deal is done, IAG will no longer be an associate company of Parkway.
AUSSIE INSURANCE - 3
Published December 1, 2008, 2:29 am, Bernama via Yahoo! Malaysia News
Meanwhile, AmG has signed a memorandum of understanding (MoU) to acquire the general insurance business of Malaysian Assurance Alliance Bhd (MAA), in a move which would make AmG a top three general insurer in Malaysia by GWP, IAG said.
AUSSIE INSURANCE - 2
Published December 1, 2008, 2:27 am, Bernama via Yahoo! Malaysia News
IAG said the restructure would result in a net profit of about A$35 million on the sale of the 30 per cent interest and IAG's overall investment in Malaysia would increase by around A$20 million.
AUSSIE INSURANCE COMPANY EXPANDS FOOTPRINT IN MALAYSIA
Published December 1, 2008, 2:24 am, Bernama via Yahoo! Malaysia News
MELBOURNE, Dec 1 (Bernama) -- Insurance Australia Group Ltd (IAG) has expanded its footprint in Asia, increasing its interest in its joint venture with Malaysian insurer AmAssurance to 49 per cent.
Deals of the day -- mergers and acquisitions
Published November 30, 2008, 8:04 pm, Reuters via Yahoo! Singapore News
Dec 1 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0400 GMT on Monday.
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