Corporate
Watchdog sets new date for RACQ, RAA deal findings
28 April 2025
The Australian Competition and Consumer Commission is planning to next month release findings on the proposed IAG and Allianz acquisitions of motoring club insurance operations after previously extending the review timeframe...
‘Absurd’: brokers continue to bag commission consent law
28 April 2025
General insurance intermediaries have continued to attack new commission consent requirements, following an article published in our broker newsletter last week...
Chubb appoints Asia-Pacific accident and health chief
28 April 2025
Janene Blizzard has been promoted to Asia-Pacific head of accident and health at Chubb...
AM Best affirms Tower ratings
28 April 2025
AM Best has affirmed the A- (excellent) credit rating of New Zealand insurer Tower, and its long-term issuer credit rating as a- (excellent)...
Hollard ‘co-operating with ASIC’ as claim delay case heads to court
14 April 2025
Hollard Insurance says it supports efforts by the corporate watchdog to improve policyholder outcomes and is co-operating amid legal action over its claims handling...
QBE flags contractor risk for micro-SMEs
14 April 2025
Insurer QBE says micro-SMEs relying on contractors is a “significant and growing” area of risk that brokers can assist with...
Canopius welcomes new ANZ head
14 April 2025
Canopius Group has appointed Andrew Ziolkowski as head of Australia and New Zealand, effective from October 25...
NM eyes next growth phase as 20-year milestone reached
14 April 2025
Specialist underwriting agency NM Insurance says it is “planning for the next 20 years and beyond” as it celebrates its first two decades of operation...
Aon shakes up Asia reinsurance leadership
07 April 2025
Aon has promoted Soeren Soltysiak to the role of Asia CEO for reinsurance solutions, while Sydney-based Danny Alexander becomes co-head of life and health reinsurance solutions...
US group buys Australian jewellery insurer
07 April 2025
Jewelers Mutual Group has expanded into Australia with its acquisition of Jewellers Loop, the country’s first specialist jewellery insurance provider...
Major Tower shareholder completes offload
07 April 2025
US private equity firm Bain Capital has sold more than 68 million shares in New Zealand insurer Tower for $NZ1.30 a share, totalling $NZ88.8 million ($80.62 million)...
IAG outlines motor, home repair inspection results
07 April 2025
IAG says it conducted 78,865 motor repair quality inspections in the year to last June, overseeing 22% of authorised repairs...
JLG hails retiring board member’s ‘invaluable’ impact
07 April 2025
Curt Mudd has retired from the board at Johns Lyng Group after more than seven years as a director with the building services provider...
HDI targets ‘substantial’ mid-market gains
31 March 2025
HDI Global sees growth opportunities in the Australian mid-market segment this year following the branch’s strong contribution to the international group’s result...
Tower in trading halt as major shareholder exits
31 March 2025
New Zealand insurer Tower has been placed in a trading halt at its request to allow a shareholder with a stake of about 19.9% to sell down...
Fitch drops Helia outlook over CBA contract threat
31 March 2025
Fitch Ratings has cut its outlook for Helia Group to negative from stable, saying its share of gross written premium in the lenders’ mortgage insurance market looks poised to drop to 21% from 38% last year...
360 refines plant offering
31 March 2025
Underwriting group 360 says it has made “significant enhancements” to its plant and equipment product...
IAG adds experienced board member
31 March 2025
Former KPMG partner JoAnne Stephenson will join the IAG board on May 12...
Steadfast considers CEO succession as Fitzgerald steps down
24 March 2025
Steadfast Group COO Nigel Fitzgerald will step down on July 1 to pursue a “personal business venture” after two years with the listed broking group...
Berkley, Pursuit team up on leisure, tourism
24 March 2025
Pursuit Underwriting has partnered with Berkley Insurance Australia to provide cover for recreation, wellness and tourism risks...