IAG won't be rushed on Indian expansion
The boss of IAG, the country's largest insurer, says that it is no rush to dial up its Indian joint venture.
The boss of IAG, the country's largest insurer, says that it is no rush to dial up its Indian joint venture.
ASX-listed insurer IAG saw its first-half insurance profit dip by 4.3 per cent to $446 million.
Suncorp is expected to present ASX-listed insurer Tower Ltd with a $205 million takeover bid on Wednesday morning.
UBS's equities desk was in the market seeking to buy a stake in the under offer Tower Ltd on Tuesday afternoon.
Nib shares rose 8 per cent in early trading after the health insurer bucked the industry trend of falling policyholders.
Investors and analysts are growing increasingly concerned about the drop in AMP adviser numbers
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The boss of Cover-More is talking up the company's growth potential after a choppy 2016
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Medibank Private has struck a new contract that will penalise hospitals for poor medical care, but also offer bonuses.
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