Court sets CBL liquidation hearing date
12 June 2018
The Reserve Bank of New Zealand will next month make its case in court for CBL Insurance to be liquidated…
Corporate
Chinese takeover of Genworth parent clears security hurdle
12 June 2018
China Oceanwide Holdings’ purchase of US-based Genworth Financial, the parent of Genworth Mortgage Insurance Australia, has passed a key security review…
TravelCard aims to bring key market back to brokers
12 June 2018
A new Australian travel insurer says it wants to bring brokers a bigger share of the market…
NZ insurtech Cove becomes Lloyd’s coverholder
12 June 2018
New Zealand insurance start-up Cove has become an approved coverholder at Lloyd’s, clearing the way to offer products in the second half of the year…
Crawford wins appeal against breach ruling
12 June 2018
Crawford & Company has been cleared of carrying out unlicensed insured home repairs following a review by the Queensland Building and Construction Commission…
AGCS appoints NZ manager
12 June 2018
Allianz Global Corporate & Specialty has appointed Kevin Northcott as Country Manager for New Zealand, effective from August 1…
Colahan heads to Europe as BHSI names new president
04 June 2018
Berkshire Hathaway Specialty Insurance says Mark Lingafelter is taking over as Australasia President from Chris Colahan, who is moving to Europe to assume a newly created role…
iSelect weighs multiple offers as IHA lifts stake
04 June 2018
iSelect has received “several unsolicited and non-binding” offers, while Innovation Holdings Australia Group – linked to competitor Compare the Market – has raised its stake in the listed online comparator…
Storm claims, settlement widen Tower loss
04 June 2018
New Zealand insurer Tower’s loss blew out to $NZ11.6 million in the half-year to March as unprecedented weather events and a dispute settlement with Pacific Re hit earnings…
Claim Central expands into Africa
04 June 2018
Digital claims management company Claim Central Consolidated has begun operations in Africa, responding to a “strong appetite” for digitisation in the region…
Suncorp unveils reconciliation plan
04 June 2018
Suncorp has produced its first Reconciliation Action Plan, as part of its diversity and inclusion strategy…
Premium Funding supports training app rollout
04 June 2018
Premium Funding has backed a general insurance training app developed by Brisbane-based CPD Anytime…
Belgian central bank approves QBE Brexit base
04 June 2018
QBE’s new European subsidiary has gained a licence from the National Bank of Belgium and will begin underwriting in the fourth quarter…
Woodina launches A&H division
04 June 2018
Specialist professional indemnity and general liability underwriter Woodina has established an accident and health division…
NTI urges restraint from freight carriers
04 June 2018
Specialist truck insurer National Transport Insurance has reminded drivers to carefully secure their cargoes, after a rise in damage claims due to poorly restrained freight…
Compare the Market linked to iSelect share purchase
28 May 2018
Companies linked to comparison site Compare the Market have taken a 10% stake in listed rival iSelect following a share price decline…
Lloyd’s parts ways with Asia-Pacific head
28 May 2018
Lloyd’s has announced the departure of its Singapore-based Regional Head Asia-Pacific, Kent Chaplin…
Insurance House aims to double premium income after Yorkway deal
28 May 2018
Melbourne-based Insurance House Group says it should double its $250 million annual premium income following a major investment in the business…
Blue Zebra pairs with Claim Central
28 May 2018
New underwriting agency Blue Zebra has partnered with Claim Central to provide digital claims management services to its broker network…
IAG builds on Airtasker collaboration
28 May 2018
IAG will collaborate with Airtasker to design and deliver tailored insurance to the digital odd-jobs marketplace…