Corporate
New Chubb country president set for September start
22 July 2024
Chubb’s new Australia and New Zealand country president Ben Howell will start on September 1, pending regulatory approval...
FM ‘tracking nicely’ as cat losses hold off
22 July 2024
Commercial property insurer FM says its loss ratio is below target this year, helped by a benign catastrophe environment so far...
QBE subsidiaries earn ratings affirmation
22 July 2024
QBE’s “very strong” balance sheet will support its key operating subsidiaries in Britain, North America and Europe, AM Best says...
AMA eyes $125 million capital raise to ‘focus on profitable growth’
22 July 2024
AMA Group has provided a business update including details of a $125 million equity raising to help revitalise its operations...
NRMA unveils ‘Help Company’ campaign
22 July 2024
NRMA Insurance has positioned itself as “A Help Company” as it refocuses its image before its centenary next year...
Suncorp bank sale clears last hurdle
15 July 2024
ANZ will take ownership of Suncorp’s banking business on August 1 following last week’s proclamation of amended Queensland laws to facilitate the $4.9 billion deal...
Chubb rings changes as Asia-Pacific head moves up
15 July 2024
Chubb has made changes at the top in its Asia-Pacific operation, with Marcos Gunn replacing Paul McNamee as regional president...
QBE property triage aims to boost claims response
15 July 2024
QBE has introduced a property health check program in a bid to improve claims handling after "listening to and learning from" customers following the 2022 floods...
Suncorp unveils new reconciliation plan
15 July 2024
Suncorp has published a new Reconciliation Action Plan detailing initiatives to support First Nations people and increase economic equity...
Criterion hails offering boost
15 July 2024
Criterion Underwriting, which specialises in hard-to-place risks, says it is now offering Australian Prudential Regulation Authority-approved and A-rated insurance products...
Suncorp locks in reinsurance amid improved conditions
08 July 2024
Suncorp has finalised its reinsurance program for this financial year and says underlying margins for the past 12 months should be in the middle of its expected range...
New brokerage to focus on Indigenous clients
08 July 2024
First Peoples Insurance, an Austbrokers Comsure authorised representative focusing on Indigenous-controlled organisations and businesses, is launching this week...
SME-focused underwriter arrives with Liberty backing
08 July 2024
A new underwriting agency offering cover for small businesses will launch in the Australian market next month after securing backing from Liberty Specialty Markets...
AMA names new finance chief
08 July 2024
Crash repairer AMA Group has appointed Domenic Romanelli, an executive with extensive industrial and resources sector experience, as its CFO...
Zurich appoints new Cover-More chief after AIG Travel takeover
08 July 2024
Zurich has named David Fike as Cover-More Group CEO, taking over from Cara Morton after her promotion to Zurich Global Ventures CEO in February...
IAG ‘on track’ for upper end of guidance range
01 July 2024
IAG expects full-year reported insurance profit will be at the upper end of a $1.2-$1.45 billion guidance range, and it has locked in a new long-term reinsurance arrangement to help stabilise future earnings...
Experienced trio launch broker for ‘new era’
01 July 2024
John Paul Whitbread has launched a brokerage called Domo Insurance with Will Dunn and Eliza White, in a move they say “aims to disrupt the insurance industry”...
Queensland eyes dividend as Chalmers backs Suncorp bank sale
01 July 2024
Suncorp is nearer to becoming a “dedicated” insurer focused on Australia and New Zealand after Treasurer Jim Chalmers approved the $4.9 billion sale of its banking arm to ANZ...
Tower and Kiwibank sign referral agreement
01 July 2024
New Zealand insurer Tower has secured a five-year referral deal to supply general insurance to Kiwibank’s retail banking customers...
Steadfast exec changes add to ‘deep bench strength’
24 June 2024
Steadfast has appointed executive Nick Cook to a broader regional role and has announced that Swiss Re’s former local head Mark Senkevics is joining the company...