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IAG and Suncorp face thousands of claims from Auckland flood disaster

The flooding comes after insurers’ budgets for natural disasters have been repeatedly exceeded in recent years: last year’s East Coast flooding was the most expensive natural disaster for insurers in Australian history.

Nathan zaiaEast coast

S&P/ASX200: ASX 200 falls 0 2pc; the Star shares crash 18pc, Warrego rallies

The S&P/ASX 200 Index fell 0.2 per cent to 7133.9 points. The Star plunged 18 per cent to $2.12 and Warrego jumped 6.7 per cent to 32¢.

New yorkUnited statesNathan zaiaNicola forrestSandeep biswasJane normanWarrego energyCooper energyWoodside energyStrike energyAll ordinariesEvolution miningRegis resourcesFortescue metalsWest texas intermediate

Bank of Queensland CEO George Frazis exit chaos sparks analyst fears

Long-term options for the top brass, including those remaining at the lender, are heavily underwater currently.

Nathan zaiaJohn storeyJarrod martinMorgan stanleyCredit suisseBrisbane based boqBrisbane based suncorpRichard wiles

Banks yet to feel economic pain as higher rates lift profits

The big four banks raked in $28.5 billion in profits this year, and experts predict rate rises will boost their bottom lines further.

Nathan zaiaRoss mcewanOmkar joshiSam garlandOpal capital management

Banks yet to feel economic pain as higher rates lift profits

The big four banks raked in $28.5 billion in profits this year, and experts predict rate rises will boost their bottom lines further.

Nathan zaiaRoss mcewanOmkar joshiSam garlandOpal capital management

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