AAMI moves into health insurance
27 February 2017
Suncorp brand AAMI has unveiled a suite of private health insurance products…
Corporate
Bulked-up PSC triples income
27 February 2017
Last year’s acquisitions have made a solid contribution to PSC Insurance Group’s profitability, with net income reported at $5 million for the half-year to December 31, up 304% on the corresponding period in 2015…
One-off costs, currency changes hit CBL profit
27 February 2017
New Zealand-based specialty insurer CBL Corporation posted a 13.5% fall in net profit to $NZ30.7 million last year, hit by one-off expenses and currency headwinds…
Centrepoint profits from premium funding sale
27 February 2017
Centrepoint Alliance made a $4.5 million profit from the $21.4 million sale of its premium funding arm to the Bank of Queensland…
Sports Underwriting scores AIG partnership
27 February 2017
AIG Australia will become Sports Underwriting’s new underwriting partner, replacing Great Lakes Australia from April 1…
Ensurance signs third insurer to platform
27 February 2017
Broker and insurance technology group Ensurance says a third insurer has joined its platform offering household cover policies…
NTI branding makeover reflects wider interests
27 February 2017
National Transport Insurance has unveiled a new logo that reflects its expansion in transport and logistics markets…
Regional broker merges with Adroit
27 February 2017
Gippsland broker McNair Hurle Latrobe will merge with Adroit Insurance Group to become Adroit MHL Insurance Brokers…
Youi boss takes CEO role at sister company
27 February 2017
Youi Insurance Australia and New Zealand CEO Danie Matthee will step down in July to become CEO of Outsurance in South Africa…
Zurich names commercial chief in regional shake-up
20 February 2017
Zurich’s Asia-Pacific commercial insurance business will be led by Chris Waterman as part of the company’s shift to a simplified structure…
NTI adds 60 staff for marine launch
20 February 2017
About 60 staff will join Brisbane-based heavy motor specialist National Transport Insurance as it undertakes a major expansion into the marine insurance market…
Zurich puts commercial motor on comparator site
20 February 2017
Zurich commercial motor policies will be made available on iSelect’s comparison website, with the Swiss insurer looking to add more general insurance offerings later…
IAG sets up Singapore insurtech hub
20 February 2017
IAG is to open an insurtech innovation hub in Singapore under plans to partner with start-ups and emerging businesses on new products and services…
Willis Towers Watson buys actuarial business
20 February 2017
Willis Towers Watson is to buy Russell Investments’ Australian actuarial practice for an undisclosed sum…
IAG plays down India expansion talk
20 February 2017
IAG has denied it is close to raising its stake in a major Indian general insurance operation…
Tower rating under review as Fairfax takeover looms
20 February 2017
AM Best has placed Tower Insurance’s A- financial strength rating under review after parent company Tower Ltd agreed to Fairfax Financial Holdings’ $NZ197 million acquisition bid…
Custodian still working after sale falls through
20 February 2017
Custodian Underwriting Agency director Peter Hand says the business intends to continue operating after interest from potential buyers did not lead to a deal…
Chubb expands GPA offering
20 February 2017
Chubb New Zealand has updated its group personal accident cover, which lets employers in all industries offer staff protection against death or injury losses.
General insurance buoys iSelect earnings
20 February 2017
iSelect’s general and life insurance business generated $14.4 million in operating revenue for the half-year to December 31, up 8% on the corresponding period of 2015…
Suncorp reports rising profits
13 February 2017
Suncorp has reported net income of $537 million for the six months to December 31, up 1.32% on the corresponding period in 2015…