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Insurance Australia to buy UK firms for A$350mn New Ratings
LONDON, September 29 (newratings.com) – Insurance Australia Group Ltd (ticker: NRM) Friday announced that it has purchased UK-based motor insurance company Hastings Insurance Services Ltd and car insurer Advantage Insurance Co for A$350 million ($261 million).
Car insurance firm sold for £140m BBC News
The UK's fifth largest car insurance broker, originally started with a £1m grant, is sold for £140m.
John Lewis launches insurance and travel arm Guardian Unlimited
John Lewis Partnership has teamed up with Axa and Expedia to launch a new insurance and travel company called Greenbee, selling exclusively over the web and phone.
Broker sold in £140m deal Peterborough Today
THE UK's fifth largest car insurance broker Hastings Insurance Services has been snapped up by an Australian firm in a deal worth £140 million. (02/10/2006 13:51:18)
UPDATE 1-Australia's IAG expands into UK motor insurance Reuters Finance News, Australia via Yahoo!7 Finance
MELBOURNE, Sept 29 (Reuters) - Insurance Australia Group Ltd. IAG.AX agreed to buy Britain's fifth largest car insurance broker Hastings Insurance Services Ltd. and Advantage Insurance Co. for A$350 million ($261 million) in its first move into Europe.
2003 Mitsubishi Pickup L200 Warrior Double-Cab from UK and Ireland Carsurvey.org
What things have gone wrong with the car? Rear glass hatch on optional hard-top for pickup bed smashed. Power delivery deteriorates after each service, roughly after 7,000 miles.
UK: Hastings acquired by Australian firm Sunday Business Post
The UK’s fifth largest car insurance broker Hastings Insurance Services was today snapped up by an Australian firm in a deal worth £140m (€206m).
IAG's Europe push kicks off with $350m UK deal Sydney Morning Herald
AUSTRALIA'S largest home and motor insurer, Insurance Australia Group, has secured its first foothold in Europe by paying $350 million for UK broker Hastings and underwriter Advantage. -
AFX UK Focus 2006-09-29 09:30 GMT: AFX NEWS BRIEFING: Banking and insurance highlights to 09:15 BST Interactive Investor
2006-09-29 09:07:36 Standard Chartered Bank ratings affirmed after Taiwan bank acquisition - Moody's
The Investment Column: Resilient Northern Rock is not easy to knock Independent
Our view: Take profits
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