Cheap Insurances News
How Inspired Timely Decisions Can Bring Spectacular Rewards
Wednesday August 20, 2003
Every night, before he goes to sleep, Frank O'Halloran should say a quiet thank-you to Deutsche Bank and Capital Group. The two fund managers - QBE Insurances' biggest shareholders - convinced O'Halloran, against his instincts, to raise capital in the wake of the September 11 attacks.Fai Blames Loss On Shaky Equity Market
Wednesday October 14, 1998
FAI Insurances yesterday revealed a pre-tax loss of $22.4million for the first quarter, compared with its latest full-year result of a $4.7million loss. It blamed volatile equity markets for the massive slump in profitability. FAI's chief executive, Mr Rodney Adler, said the loss in the first Fai Down To $22.4m Loss In First Quarter
Wednesday October 14, 1998
FAI Insurances yesterday revealed a pre-tax loss of $22.4 million for the first quarter, compared with its latest full-year result, a $4.7 million loss. It blamed volatile equity markets for the big slump in profitability. FAI's chief executive, Mr Rodney Adler, said the first quarter's loss wCredit Insurance Can Save Your Skin
Tuesday March 25, 1997
TWO TRADE insurance companies are targeting the small business sector with credit insurance packages aimed at businesses with annual turnover below $2 million. The packages, offered by Trade Indemnity and FAI Insurances, offer simplified policies featuring lower levels of cover at reduced premiCorrigan Zooms Up Advance Register
Sunday August 9, 1992
It seems the more things change the more they stay the same. Not for the first time, some of Australia's savviest investors are queing up on the Advance Bank share register. Some, such as FAI Insurances, have made a nice turn in a couple of months. Others, such as Chris Corrigan's JamisonInsurers Warn Of Increases In Rates
Monday May 11, 1992
Consumers have been warned that the era of cheap insurance rates is over as the battered Australian insurance industry struggles to repair its collective balance sheet. Rates have increased by up to 15 per cent in recent months in some classes as insurance companies have sought to recoverBorrowers Step Up Fight Over Cheap Loan Debacle
Saturday March 31, 1990
THE biggest blunder in Australian banking history began with deregulation of the industry. In 1984/85, demand for finance was high. Australian interest rates were around 15 per cent, and although farmers, property developers and small businessmen were itching to expand into the boom times,Fai ... A Fraction Too Much Exposure
Monday November 27, 1989
"I just spent six months in a leaky boat, lucky just to keep afloat." Young Rodney Adler could have chosen a less appropriate theme than Split Enz' jaunty ditty to welcome FAI Insurances' shareholders last Thursday to their first annual general meeting under his stewardship. Fai Nibbles Away At Skase Empire
Thursday January 19, 1989
Rodney Adler has intensified his late father's fondness for television and resort mogul Christopher Skase by firming FAI Insurances' toehold on the Skase empire. FAI has snapped up a further 3.5 per cent of the Skase holding company Qintex Ltd, to take FAI Insurances' stake to 16.5 per ceInvestors Discount Fai On News Of Adler Heart Attack
Wednesday December 7, 1988
Investors reacted nervously yesterday to news that sharemarket entrepreneur Mr Larry Adler had been hospitalised after suffering a mild heart attack. The share price of his insurance and share trading vehicle, FAI Insurances Ltd, plummeted 24c to $3 late in the morning after rumours aboutFai Lifts Borrowings
Wednesday November 2, 1988
Mr Larry Adler's FAI Insurances has intensified its heavy exposure to Swiss franc borrowings with the launching of a 160 million Swiss franc ($A131 million) Eurobond raising. The raising adds to the company's 655 million in Swiss francs debt, as disclosed in its annual report, which maturePembroke Offers Loans Against Value Of Shares
Wednesday November 25, 1987
Pembroke Securities, the stockbroking arm of Mr Larry Adler's FAI Insurances, has signalled an aggressive post-crash stance by offering margin lending services to prospective clients through national newspapers - albeit on considerably more stringent terms. In advertisements appearing thisBell Chief The Likely Buyer In Fai Sell-off
Thursday August 6, 1987
Mr Larry Adler's FAI Insurances Ltd has quit its shareholdings in Pioneer Concrete Services Ltd and Ampol Petroleum Ltd at a net profit of $194 million, with Bell Group chief Mr Robert Holmes a Court widely tipped as the buyer of the two parcels. The idea that Mr Holmes a Court's J.N. Tayl