Insurance Comparison News
Aami Sets Bar For Nrma
Saturday July 15, 2000
This week, NRMA's Eric Dodd started the roadshow for the group's $4 billion listing with a bang by telling fund managers that results for the year just ended would be 50 per cent higher than prospectus forecasts. Yesterday, NRMA's major car insurance rival, the Royal & Sun Alliance-owned AAMDifferent Roads To Boosting Profits
Saturday July 15, 2000
NRMA's Eric Dodd started the roadshow for the group's $4billion listing with a bang this week. He told fund managers that results for the year just ended would be 50 per cent higher than prospectus forecasts. Yesterday NRMA's major car insurance rival, the Royal & Sun Alliance-owned AAMI, Insurer's Operating Profit Up By 29pc
Saturday July 15, 2000
Insurance group AAMI has posted a 29 per cent increase in profit in 1999, despite having to account for the GST, Y2K and hail storms in Sydney and Brisbane. In its annual report released yesterday, AAMI said its operating profit rose to $56.8 million for the 1999 calendar year from $44.1 millio