Insurance Sector

Austbrokers Holdings (AUB)

Stock Code

AUB

Stock Exchange

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Austbrokers Holdings Limited is involved in the business of insurance broking and it is also offering financial products and services from several years. It was listed on 16 November 2005 in the asx with the ticker symbol AUB. The company invests in insurance brokers and underwriting agencies. Insurance broking is the core business of the consolidated entity. Network members also distribute ancillary investment products and conduct underwriting agency businesses. The brokers derive the bulk of their revenue from a mixture of commission from underwriters and fees charged to clients.

Tower (TWR)

Stock Code

TWR

Stock Exchange

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TOWER (TWR) is an independent financial services provider. TOWER began its business operations in New Zealand in 1869 as a government department focused on the provision of life insurance policies and pensions. At present, the main focus of the Company is on selected niches in the risk insurance and wealth management sectors. The Company’s portfolio of services is comprised of life, health and general insurance; individual and group superannuation; retail managed funds; and wholesale asset management. The Company is dual listed on Australian and New Zealand Stock Exchange.

Insurance Australia Group (IAG)

Stock Code

IAG

Stock Exchange

ax

Insurance Australia Group Limited (IAG) is an Australia-based company engaged in the provision of general insurance services including and wide variety of both commercial and personal products. IAG was listed on the Australian Stock Exchange on the 8th of August. Its average annual revenue reaches approximately $7 billion out of its issued capital of $2 billion. Its headquarters is located in Sydney, New South Wales and to date; around 13,000 people are employed in the company.

Suncorp Metway (SUN)

Stock Code

SUN

Stock Exchange

ax

Suncorp-Metway Limited (SUN) is an Australian-based financial services group engaged in the provision of banking, superannuation, insurance, retail services, funds management products and corporate and commercial sector services. SUN was listed on the Australian Stock Exchange on the 7th of July 1988. Its average annual revenue reaches approximately $7 billion out of its issued capital of approximately $2 billion. Its headquarters is located in Brisbane, Australia and to date; around 16,000 people are employed in the company.

AXA Asia Pacific

Stock Code

AXA

Stock Exchange

ax

AXA Asia Pacific Holdings Limited (AXA) is now one of the leading providers of retirement funds, insurances, investment products as well as businesses, families and individual saving plans in the world. It is the holding company for the wealth management, life insurance and advice businesses of AXA Asia Pacific Group in countries like China, Hong Kong SAR, Thailand, Singapore, Philippines, India, Indonesia, Malaysia, New Zealand and Australia. AXA Asia Pacific was listed on the Australian Stock Exchange on the 1st of October, 1996.

AMP

Stock Code

AMP

Stock Exchange

ax

AMP Limited (AMP) is a financial company engaging in wealth management provision, banking and allied solutions and service as well as investment management. It serves more than 304 million customers operating mainly in Australia and New Zealand. AMP was listed on the Australian Stock Exchange on the 15th of June, 1998 and is also listed on the New Zealand Exchange in the same year. AMP has more than A$129 billion in assets under management (as at 31 December 2007). Their annual revenue reaches $10,997,000 from their issued capital of $4,012,000.

Insurance - Australian Shares Scan

16 May, 2010 - 13:14

Insurance - Australian Shares Scan - Quickly browse through the charts to detect patterns and trends. Great for Technical analysis. Charts shown display 100 MA + 50 EMA and a Custom MACD signal.

Shares Scanned 17th May 2010

Insurance Sector Update


Here is an insurance sector update from Australian market analyst UBS.

Insurance Sector

108 profitability better, cost inflation up
Gross underwriting margins improving in personal lines:

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