Article Abstract:
Important structural changes are made in the insurance industry, which secures the present, but uncertainty remains about the future and is helping them turn a profit from underwriting. Promina, Insurance Australia Group (IAG) has reported a net profit of $153 million in 2003 as compared to a $25-million loss in 2001-02.
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Article Abstract:
The details on Axa Asia Pacific Holdings Ltd., which posted 18.1% rise in net profit for 2005 through adoption of equity management strategies, are presented.
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Article Abstract:
The competitive market in the Australian Insurance industry is described.
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