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FINANCIALS
Suncorp values broker support every way
INSURANCE BROKERS are vital to Suncorp’s general insurance business.
> > Full Story...

No plan for buying but plenty of focus
SUNCORP HAS revealed no plans to acquire insurance brokerages or underwriting agencies but is concentrating on the Promina integration.
> > Full Story...

Suncorp determined with brave face
THE VAGARIES of weather and equity markets hit Suncorp general insurance in its latest financial year – with contribution before tax of $307 million for the year to June 30 2008 – down 74.9% from $1223 million in the year to June 30 2007.
> > Full Story...

The figures are not that shiny
SUNCORP’S GENERAL insurance gross written premium for the 2007-2008 financial year rose only 2.9% - to $6430 million from $6246 million in the previous F/Y.
> > Full Story...

Personal lines chief Belleville to retire
SUNCORP’S PERSONAL lines chief Robert Belleville is to retire from the group in 3 months with a 9 months’ consultancy term to follow.
> > Full Story...

Austbrokers shows how it’s done
AUSTBROKERS, AUSTRALIA’S only listed insurance brokers group has shown other Australian companies how it’s done – with an 18.5% increase in profit.
> > Full Story...

Revenue soars to almost $84 million
INSURANCE REVENUE for Austbrokers soared 14.1% to $83.821 million in the 12 months to June 30 this year.
> > Full Story...

HOMEOWNERS
Sydney confirmed with top premiums
CANNEX HAS confirmed what most insurers and brokers already know - Sydney homes are Australia’s costliest to insure.
> > Full Story...

MORTGAGE PROTECTION
Aussie to distribute AMP product
FRONTLINE AUSTRALIAN mortgage broker Aussie has launched a distribution agreement with AMP to provide its 220,000 customers with a mortgage protection insurance product created in house by AMP in June.
> > Full Story...

NIBA CONVENTION
Delegates defy economy to be on top
DELEGATES AND other attendees for NIBA’s 26th annual convention to be held in Darwin for the first time this year are defying the state of the economy and heading to the Top End.
> > Full Story...

And many more inside

THIS ISSUE> THE PEOPLE> John Mulcahy, Robert Belleville, Roger Bell, Bernadette Inglis, Lack McKeough, Steve Mickenbecker, John Symond, Noel Pettersen, Mark Van Der Haar, Sue Repanellis, Nick Lux, Peter Forstmoser and many more.

THE ORGANISATIONS> Suncorp, Vero, GIO, Austbrokers, CANNEX, Aussie, AMP, NIBA, Phillips FS, Vero, Beechwood, QBE, Vic Court of Appeal, Beaconsfield Gold Mine, Wotton + Kearney, Swiss Re, PMI Australia, S&P, AM Best, Gen Re, XL Capital, Deloitte, ALRC, Brit Insurance and many more.

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