Berkshire Hathaway secures Singapore licence
15 December 2014
Berkshire Hathaway Specialty Insurance has gained a Singapore insurance licence and poached two AIG executives for its Asian operations…
Corporate
Arch goes silent as regional director departs
15 December 2014
Arch Insurance has declined to comment following the abrupt removal of its Sydney-based regional director Robin Barham…
Partners first to adopt ACORD standard
15 December 2014
Steadfast and insurance partner Berkshire Hathaway are the first companies in the world to implement a new messaging standard for home and motor products…
Liberty launches insurance operations
15 December 2014
Lender Liberty Financial has expanded into general insurance with the launch of LFI Group…
Vero opens door to under-excess fleet claims
15 December 2014
Vero can now handle motor fleet claims for repair costs below an insurance policy’s excess…
Westcourt signs premium funding venture
15 December 2014
Westcourt General Insurance Brokers has entered a premium funding joint venture with Principal Finance…
Lloyd’s advertises locally for new Australia chief
11 December 2014
Lloyd’s Australia has advertised for a new MD based in Sydney. The role has previously been filled from among its London management group…
Calliden shareholders back Steadfast bid
08 December 2014
Calliden shareholders have voted to support a takeover bid from broker cluster group Steadfast…
Gallagher turns Blue for latest acquisition
08 December 2014
Arthur J Gallagher has bought Brisbane-based Blue Holdings, hot on the heels of acquiring Instrat Insurance Brokers…
Vero nears end of Christchurch quake program
08 December 2014
Vero NZ expects to have paid 90% of commercial claims from the Canterbury earthquakes by next June…
RACQ Insurance notches up $77 million surplus
08 December 2014
RACQ Insurance earned an underwriting surplus of $77.9 million and premium income of $693.8 million for the year to June 30…
Ex-IAG exec joins Suncorp board
08 December 2014
Suncorp has appointed former IAG executive Christine McLoughlin as a non-executive director, effective from February…
IAG adds Caltex chairman to board
08 December 2014
IAG has appointed Elizabeth Bryan as an independent non-executive director…
Gallagher retires OAMPS brand
01 December 2014
OAMPS Insurance Brokers has been rebranded as Arthur J Gallagher, as the integration of the businesses continues…
Managers in and out as Zurich restructures
01 December 2014
Zurich has appointed a new chief underwriting officer as management changes continue in its strategic restructure…
Austbrokers eyes further NZ expansion
01 December 2014
Austbrokers’ recent push into the New Zealand broking market heralds the beginning of a trans-Tasman expansion strategy that is likely to bring further acquisitions next year…
Pen picks management line-up
01 December 2014
Arthur J Gallagher’s new agency Pen Underwriting has unveiled its management team…
IAG restates profit after restructure
01 December 2014
IAG has restated its profit to reflect the company’s takeover of Wesfarmers Insurance’s underwriting business in July…
Centrepoint hails eastern promise
01 December 2014
Centrepoint Alliance’s premium funding volumes in the eastern states are up 31% so far this financial year, the company’s AGM heard last week…
Tower profit falls following divestments
01 December 2014
New Zealand insurer Tower’s net profit fell 32% to $NZ23.6 million ($21.71 million) in the year to September 30, reflecting abnormals and the sale of businesses…