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The Promina Group, an Australian and New Zealandinsurance company (2003–07), formerly had listing on the Australian and New Zealand stock-exchanges.

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Suncorp-Metway Limited took over full ownership of the group in 2007.

History[edit]

Promina Group formed after the "demerging" of the Australian and New Zealand operations of Royal & SunAlliance UK in 2003. When acquired by Suncorp in 2007, it had 210 offices across Australia and New Zealand.

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The Promina Group traces its operations back to 1833 in Australia and back to 1878 in New Zealand.

Takeover[edit]

On 12 October 2006, Queensland-based bancassurance group Suncorp-Metway Limited made a A$7.9 billion bid for the purchase of Promina Group.

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The Australian regulatory authorities and the Promina shareholders subsequently approved the merger, which took place on 20 March 2007.

Brands[edit]

Australia[edit]

General Insurance[edit]

Life Insurance[edit]

Asset/Investment Management[edit]

New Zealand[edit]

General Insurance[edit]

  • AA Insurance (joint venture between Suncorp and the New Zealand Automobile Association)
  • Autosure
  • AXIOM
  • Comprehensive Travel Insurance
  • Mariner
  • SIS
  • Vero/Vero Marine/Vero Liability

Life Insurance[edit]

Asset/Investment Management[edit]

External links[edit]

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