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Insurance division to stay and sees profits leap 15%
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Suncorp Metway Ltd. [87834] reported a 32.8% drop net profit in the fiscal first half on rising bad debts in the banking segment and weather-related
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Australia's Insurance Australia Group Ltd. [86837] reported a 96% drop in first-half net profit on investment losses and the cost of divestitures as
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The global economic crisis has put the insurance sector “at the edge of the storm,” placing insurers of financial institutions at risk, according to
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NIB Holdings Ltd. [88872], an Australian private health fund, reported an 88% drop in first-half net profit on investment setbacks.
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Stimulus legislation helps the unemployed through a health care subsidy and weekly benefit increase.
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Understanding insurance is a good policy that helps insure you don't waste money.
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