iSelect hits back at prospectus criticism
09 September 2013
iSelect has defended its prospectus forecasts and disclosure, after criticism that its recent profit missed the prediction made in the document…
Corporate
Austbrokers maintains pace of growth
02 September 2013
Austbrokers Holdings has demonstrated its market strength with a 61% rise in full-year net profit after tax to $41.2 million and a promise by CEO Mark Searles that the broker group is only going to get stronger…
Steadfast earnings top IPO prediction
02 September 2013
Steadfast has posted above-forecast earnings in its first profit report as an Australian Securities Exchange-listed company…
Premium funding lifts Centrepoint result
02 September 2013
Centrepoint Alliance says its insurance premium funding business increased net revenues by 11% to $14.6 million in the year to June 30…
Calliden reverses loss
02 September 2013
Calliden has posted a first-half profit, reversing a loss in the corresponding period last year, as the company continues its agency business expansion…
IAG moves Breheny to CRO position
02 September 2013
IAG has appointed Justin Breheny as Group Chief Risk Officer…
Marsh restructure creates new leadership roles
02 September 2013
Marsh Australia has announced two major appointments as part of a restructure…
iSelect reports profit growth
02 September 2013
Newly floated comparison website iSelect has increased its income, despite what it describes as “challenging economic conditions”…
AMIR seeks investor partner
02 September 2013
Underwriting agency Asia Mideast Insurance and Reinsurance is seeking an investor partner to help its expansion in Australia…
Calliden secures SA builders’ warranty reinsurance deal
02 September 2013
Calliden aims to expand its presence in the SA builders’ warranty insurance market after the State Government agreed to reinsure the risk…
Insured Group generates profit increase
02 September 2013
Insured Group has reported a $5.8 million pre-tax profit for the year to June 30, despite making revenue of only $3.2 million…
NZ insurer enters retail auto sector
02 September 2013
A new insurer is to enter the New Zealand motor market, saying it wants to deliver “something pure and Kiwi”…
Premium growth drives IAG earnings
26 August 2013
IAG earnings more than tripled last financial year as gross written premium increased 11.8% to $9.5 billion and catastrophe claims were lower than expected…
GI profit rise proves a bright spot for Suncorp
26 August 2013
Suncorp will pursue further efficiencies in its insurance operations after its general insurance profit grew 79% to $883 million in the year to June 30…
No let-up in commercial lines fight: Suncorp
26 August 2013
The commercial insurance market is expected to stay competitive, but with rational pricing to support growth, according to Suncorp Commercial Insurance CEO Anthony Day…
US continues its drag on QBE results
26 August 2013
QBE CEO John Neal has expressed disappointment after the group reported a 37% drop in net profit for the six months to June 30…
Nautilus name change points to expansion
26 August 2013
Nautilus Marine Insurance Agency has changed its legal entity to NM Insurance, as it looks to offer a more diverse range of products…
Swiss Re continues work on crop insurance
26 August 2013
Swiss Re says it still aims to develop a crop insurance product for the WA market…
QBE adds overseas directors
26 August 2013
QBE has appointed two non-executive directors from outside Australia, while one of its longest-serving directors has retired from the board…
Cover-More extends Great Lakes tie-up
26 August 2013
Travel insurer Cover-More has extended its underwriting arrangement with Munich Re subsidiary Great Lakes for a further five years…