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Suncorp Metway
Suncorp Group Limited is an Australian finance, insurance, and banking corporation based in Brisbane, Queensland, Australia. It is one of Australia's mid-size banks (by combined lending and deposits) and its largest general insurance group, formed on 1 December 1996 by the merger of Suncorp, Metway Bank and the Queensland Industry Development Corporation (QIDC). History State Government Insurance Office Queensland established the State Accident Insurance Office in 1916, to provide mandatory injury compensation insurance to workers in the state's business sector. New legislation soon after created a larger insurance body, the State Government Insurance Office (SGIO) which took over the State Accident Insurance Office. General insurance, third party and life products were added. SGIO later expanded into building society operations, superannuation, and finance. In 1960, new legislation establishing the SGIO as a separate corporation was passed, and the group became subject ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Vero Insurance
Vero Insurance is an Australian insurance company. Founded in 2003, it is one of the largest insurance companies in Australia. History In 1833, Alliance Insurance, a UK-based company, established an office in Australia, and wrote one of Australia's first life insurance policies. In 1848, Royal Insurance opened an office in Adelaide. In 1849, it opened one in Sydney, and in 1850, Melbourne. In 1865, the Sun Insurance Office began functioning as an agency for the first time. Also in 1865, London Insurance began functioning simultaneously in the cities of Sydney, Melbourne, Adelaide, Hobart and Launceston. In 1959, Alliance Insurance and Sun Insurance merged to form Sun Alliance. In 1961, Royal Insurance acquired the London & Lancashire and Derwent & Tamar group. Derwent & Tamar was Australia's first insurance company. In 1965, Sun Alliance merged with London Insurance, and changed its name slightly to SunAlliance. In 1985, SunAlliance acquired the Phoenix group of Century, Pr ...
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Royal And Sun Alliance
RSA Insurance Group Limited (trading as RSA, formerly RSA Insurance Group plc and Royal and Sun Alliance) is a British multinational general insurance company headquartered in London, England. RSA has major operations in the United Kingdom, Ireland, Scandinavia & Canada. It provides insurance products and services in more than 100 countries through a network of local partners. It has 9 million customers. RSA was formed by the merger of Sun Alliance and Royal Insurance in 1996. RSA was listed on the London Stock Exchange until it was acquired by Danish insurer Tryg and Canada's Intact Financial Corporation in May 2021. The transaction closed on 1 June 2021. History RSA was formed by the merger of Sun Alliance and Royal Insurance in 1996. On 4 February 2014, it was announced that Stephen Hester, former CEO of RBS Group would become CEO of RSA with immediate effect. In 2014/15 Hester led a major restructuring of RSA to bolster its finances. Many non-core overseas operations ...
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Promina Group
Suncorp Group Limited is an Australian finance, insurance, and banking corporation based in Brisbane, Queensland, Australia. It is one of Australia's mid-size banks (by combined lending and deposits) and its largest general insurance group, formed on 1 December 1996 by the merger of Suncorp, Metway Bank and the Queensland Industry Development Corporation (QIDC). History State Government Insurance Office Queensland established the State Accident Insurance Office in 1916, to provide mandatory injury compensation insurance to workers in the state's business sector. New legislation soon after created a larger insurance body, the State Government Insurance Office (Queensland), State Government Insurance Office (SGIO) which took over the State Accident Insurance Office. General insurance, third party and life products were added. SGIO later expanded into building society operations, superannuation, and finance. In 1960, new legislation establishing the SGIO as a separate corporatio ...
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Suncorp Business Centre
Suncorp Group Limited is an Australian finance, insurance, and banking corporation based in Brisbane, Queensland, Australia. It is one of Australia's mid-size banks (by combined lending and deposits) and its largest general insurance group, formed on 1 December 1996 by the merger of Suncorp, Metway Bank and the Queensland Industry Development Corporation (QIDC). History State Government Insurance Office Queensland established the State Accident Insurance Office in 1916, to provide mandatory injury compensation insurance to workers in the state's business sector. New legislation soon after created a larger insurance body, the State Government Insurance Office (SGIO) which took over the State Accident Insurance Office. General insurance, third party and life products were added. SGIO later expanded into building society operations, superannuation, and finance. In 1960, new legislation establishing the SGIO as a separate corporation was passed, and the group became subject to ...
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Royal Automobile Club Of Tasmania
The Royal Automobile Club of Tasmania normally abbreviated to RACT is a motoring club in Tasmania, Australia. The organisation was established in 1923 and now has over 200,000 members. It is a member of the Australian Automobile Association. It provides services such as roadside assistance, vehicle, home and contents insurance, personal and car loans, driver's education and tourism. In addition to consumer services, the club also engages in consumer advocacy, particularly in regard to petrol prices, which are both historically and recently higher than prices in other parts of Australia. References Launceston Chamber of Commerce labels petrol price an 'unfair burden'". ABC News. 20 July 2016. Retrieved 15 October 2016. External linksRACT Official Site
Automobile associations in Australia Organisations based in Australia with royal patronage, Automobile Club of Tasmania, Royal Transport in Tasmania 1922 establishments in Australia Emergency road services {{Auto-org-stub ...
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Royal Automobile Association
The Royal Automobile Association of South Australia (RAA) is a South Australian automobile club providing a range of member services. These services include: 24-hour emergency breakdown, vehicle inspection, motoring advocacy, road safety, motoring road rules information service, technical advice, travel services, security, tour planning, accommodation booking and also a subsidiary insurance company. RAA services operate on a break-even basis and the organisation looks to generate profit through its commercial and investment activities. RAA began as the Automobile and Motor Cycling Club of South Australia in 1903, and by 1904 had amended its name by deleting the words ‘Motor Cycling’. In 1911 the club was reconstituted as an association and in 1928 received its Royal patronage. In 1959 the association changed its logo from AA of SA to RAA. The head office of the Royal Automobile Association is located at the north-eastern corner of the South Road-Richmond Road intersection, ...
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RACQ
The Royal Automobile Club of Queensland Limited (RACQ) is a mutual organisation and Queensland’s largest Club, providing services including roadside assistance, insurance, banking and travel to its approximately 1.75 million members. RACQ is the largest provider of car insurance in Queensland and the second largest provider of home insurance. The Club's bimonthly magazine, '' The Road Ahead'', is Queensland’s highest circulating magazine, with 836,995 printed copies and 410,584 digital copies distributed each edition. An earlier journal of the RACQ was the long-running ''Steering Wheel'' (1915-1932) which profiled makes of cars and motoring personalities, and carried anecdotes of pioneering days, humorous stories, social gossip, as well as supplementary lists of Registrations. In financial year 2020, the Club returned $167.1 million to members including $8.6 million in fuel discounts and $5.6 million in theme park, attraction and movie ticket discounts. RACQ provides free- ...
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AMP Limited
AMP is a financial services company in Australia and New Zealand providing superannuation and investment products, financial advice, and banking products (through AMP Banking) including home loans and savings accounts. Its headquarters is in Sydney, Australia. The Australian Mutual Provident Society was formed in 1849 as a non-profit life insurance company and mutual society. In 1998, it was demutualised into an Australian public company, AMP Limited, and listed on the Australian and New Zealand stock exchanges. AMP has one of Australia's largest shareholder registers, with most shareholders living in Australia and New Zealand. This is because when the society demutualised, all policy holders received shares in the new company. In 2003, the company demerged its UK operations, creating the Henderson Group. On 20 April 2018, Craig Meller resigned as CEO after it was revealed in the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industr ...
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Suncorp Logo
Suncorp Group Limited is an Australian finance, insurance, and banking corporation based in Brisbane, Queensland, Australia. It is one of Australia's mid-size banks (by combined lending and deposits) and its largest general insurance group, formed on 1 December 1996 by the merger of Suncorp, Metway Bank and the Queensland Industry Development Corporation (QIDC). History State Government Insurance Office Queensland established the State Accident Insurance Office in 1916, to provide mandatory injury compensation insurance to workers in the state's business sector. New legislation soon after created a larger insurance body, the State Government Insurance Office (Queensland), State Government Insurance Office (SGIO) which took over the State Accident Insurance Office. General insurance, third party and life products were added. SGIO later expanded into building society operations, superannuation, and finance. In 1960, new legislation establishing the SGIO as a separate corporatio ...
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State Government Insurance Office (Queensland)
The State Government Insurance Office (SGIO) was a statutory authority in Queensland, Australia. History The Queensland Government established the State Government Insurance Office (SGIO) on 1 February 1917. The existing State Accident Insurance Office became the Workers' Compensation Department of the SGIO. The SGIO was responsible for insuring state assets and offering life insurance and general insurance (house, car) to the Queensland public. On 1 March 1986 it was merged into Suncorp Suncorp Group Limited is an Australian finance, insurance, and banking corporation based in Brisbane, Queensland, Australia. It is one of Australia's mid-size banks (by combined lending and deposits) and its largest general insurance group, fo .... References {{reflist Government agencies of Queensland Insurance organizations Defunct government entities of Australia ...
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Merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must comp ...
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