New Aon chief targets data benefits, emerging risks
26 February 2018
Aon’s incoming Australian CEO James Baum says analytics and emerging risks will be among his key areas of focus…
Corporate
IAG names group technology chief
26 February 2018
Neil Morgan has been appointed to the newly created role of Group Executive Technology at IAG, responsible for tech strategy across the company…
Stream returns to profit
26 February 2018
Claims services company Stream made a net profit of $46,453 in the six months to December 31, compared with a loss of $343,492 in the corresponding period of 2016…
Crawford adds workers’ comp to Australian offering
26 February 2018
US-based claims management group Crawford & Company has added workers’ compensation to its service portfolio in Australia…
IAG raises guidance, flags retreat from Asia
19 February 2018
IAG has increased its margin guidance after first-half net profit grew 23.5% to $551 million, and has signalled its Asian businesses may be divested following a strategic review…
Suncorp blames storms, reforms for half-year profit dip
19 February 2018
Suncorp says investment in strategic programs, Victorian hailstorms and increased regulatory costs are to blame for a 15.8% drop in first-half profit to $452 million…
Allianz names broking team state bosses
19 February 2018
Allianz GM Broker Distribution Glen Drinnan has named new managers for the group’s broker and agency distribution team…
Ebix co-founder sets up IT consultancy
19 February 2018
Former Ebix Australia COO Simon Agar has left the insurance technology provider to start a consulting business…
CBL to ditch French business
19 February 2018
CBL Corporation is reviewing all “exit options” for its French construction insurance business and seeking legal recourse from the business’ vendors just over a year after sealing the €94.5 million purchase…
QBE splits off Asia-Pacific, Latin American results
19 February 2018
QBE will separately report results from its Asia-Pacific and Latin American operations in its annual earnings release next Monday…
General insurance shines for iSelect
19 February 2018
iSelect’s general insurance business enjoyed strong revenue growth in the half-year to December 31…
Whitbread moves ahead with new CEO, Chairman
19 February 2018
Whitbread Insurance Brokers has started the year with a new CEO and Chairman following its $95 million acquisition by Steadfast in December…
Zurich-backed insurtech start-up ‘well received’
19 February 2018
Former QBE senior executives Colin Fagen and Blair Nicholls have teamed up to establish a new underwriting agency aimed at bringing personal lines back to brokers…
Aon names new Australian chief
19 February 2018
Aon Risk Solutions Australia says James Baum will take over as CEO in the second quarter from Lambros Lambrou, who will move into a broader role with the global business…
Insurance Advisernet hails ‘fantastic’ first half
19 February 2018
Insurance Advisernet Australia says gross written premium from its local and New Zealand business passed $500 million in the half-year to December 31, up more than 12% on the corresponding period of 2016…
McLardy McShane fills Group GM position
19 February 2018
McLardy McShane COO Meg Long has been appointed Group GM with immediate effect…
Tower predicts $5 million hit from storms
19 February 2018
New Zealand general insurer Tower expects the financial impact from recent weather events to be about $NZ5 million after tax…
XL Catlin rolls out new A&H offering
19 February 2018
XL Catlin has introduced its Protect and Assist product to Australia, designed to help businesses cover staff amid emerging risks and heightened security threats…
CFO leaves Genworth
19 February 2018
Luke Oxenham has resigned as CFO of Genworth Mortgage Insurance…
CBL ratings downgraded over loss forecast
12 February 2018
Trading in the shares of Auckland-based insurer CBL Corporation remain suspended on the New Zealand and Australian securities exchanges as the company considers a capital-raising of more than $NZ100 million…