Rate rises driving profit in Australia: Swiss Re
19 March 2018
Australian non-life insurers’ profitability improved last year despite higher losses from Cyclone Debbie and other natural catastrophes, according to Swiss Re…
Corporate
Ansvar returns to profit as new business rises
19 March 2018
Church and heritage insurer Ansvar has reported a $1.2 million underwriting profit for last year following a rise in new business and reserve releases…
CHU creates customer role
19 March 2018
Strata and community title insurer CHU has appointed Anne-Maree Paull to the newly created role of Chief Customer Officer…
360 Underwriting appoints CFO
19 March 2018
Recently established 360 Underwriting Solutions has appointed Catherine Whitaker as CFO…
Aon rings changes at One Underwriting
19 March 2018
Aon has appointed Adam Cox as director of One Underwriting, to lead the company’s growing managing general agency business…
iSelect names new CFO
19 March 2018
Comparator iSelect has appointed Nadine Lennie as CFO, effective from July…
Forensic investigator wins lab certification
19 March 2018
Fire forensic analysis company GKA Investigations Group, which works with insurers, has received globally recognised testing authority certification for a new specialist laboratory…
IAG celebrates its roots in new ad campaign
19 March 2018
NRMA Insurance introduced a marketing campaign around the theme “help is who we are” on Friday…
QBE no longer AUB substantial shareholder
12 March 2018
QBE has sold a stake in brokerage company AUB Group for $41.14 million, according to a notice on the Australian Securities Exchange…
QBE falls out of S&P index
12 March 2018
QBE has been removed from the S&P/ASX 20 Index following a quarterly review
Suncorp sells Tower stake
12 March 2018
Suncorp-owned Vero Insurance New Zealand has sold its 19.99% stake in Tower to global credit specialist Bain Capital Credit for $NZ53.9 million…
Maersk ship fire may have affected Australia cargo
12 March 2018
A Maersk container vessel may have been carrying cargo from Australia when a fire broke out in its holding area, National Transport Insurance says…
CBL fallout hits Danish motor insurer
12 March 2018
CBL’s financial troubles have pushed Danish motor insurer Alpha Insurance into solvent liquidation…
CBA to refund customers mis-sold consumer credit insurance
12 March 2018
Commonwealth Bank will stop selling two consumer credit insurance products that were provided to customers who may have been ineligible to claim, and has set aside $16 million for refunds…
Elders targets metropolitan market
12 March 2018
Rural insurance specialist Elders Insurance has expanded into the Sydney area as it continues to target the metropolitan marketplace…
Major law firms announce merger
12 March 2018
McCabes Lawyers and Curwoods Lawyers have agreed to merge by July 1, creating one of the largest and most diverse insurance practices in the country…
QBE announces insurtech partnership
12 March 2018
QBE will partner with fintech hub Stone & Chalk for its inaugural Insurtech Program, which engages tech startups to solve customer-specific business problems…
AIG says CyberEdge responds to rising risk
12 March 2018
AIG says its recently launched CyberEdge product will help meet increasing demand for cover as risks increase and Australia’s notifiable data breach scheme begins…
MDA National establishes medical practice cyber program
12 March 2018
Medical indemnity insurer MDA National has introduced a cyber-risk program to support medical practices and doctors, with complimentary cyber cover for policyholders…
QBE NZ prepares for head office move
12 March 2018
QBE Insurance New Zealand will move to a new head office in Auckland next month…