10 October 2011
CGU has taken action following the Queensland floods to ensure that customers know they can ask for a site assessment, CEO Peter Harmer told the Queensland Floods Commission of Inquiry last week…
10 October 2011
NRMA Insurance has told the Queensland Floods Commission of Inquiry it implemented a new system to allow for better communication with clients following the January disaster…
10 October 2011
A new lead investor or owner for beleaguered New Zealand insurer AMI will be revealed within weeks…
10 October 2011
New Zealand’s Accident Compensation Corporation has sold subsidiary company Catalyst Risk Management to Australian workers’ compensation manager Employers Mutual…
10 October 2011
The administrators of the remaining 63 HIH companies in liquidation are still on track to finalise the schemes of arrangement in 2013…
10 October 2011
Vero has revised its pricing model for SME business in a bid to lift its market share in this segment…
10 October 2011
Underwriting agency Dual Australia has signed a deal with Lloyd’s syndicate Markel to expand its Lloyd’s capacity…
10 October 2011
Insured Group has been suspended from the New Zealand Stock Exchange for failing to lodge its audited annual report for the 2010/11 financial year…
10 October 2011
CGU Insurance is now offering installment billing on its business and office packages…
03 October 2011
Lumley will cut up to 20 claims and underwriting positions as it implements plans to centralise operations…
03 October 2011
Suncorp subsidiary Vero is closing its SME underwriting facility in Adelaide and centralising its operations in Brisbane…
03 October 2011
Tower NZ has completed its 2012 financial year reinsurance program, but admits the premiums will be a lot higher than currently being paid…
03 October 2011
Great Lakes Australia has confirmed it has restructured its marine business…
03 October 2011
UK-based church insurer the Ecclesiastical Group has pulled out of earthquake cover in New Zealand and will now write NZ business through subsidiary company Ansvar Australia…
03 October 2011
Control of NZ-listed Insured Group will pass to online service provider Priority One Network Group when it lists later this year…
03 October 2011
QBE is among the names mooted to be running a ruler over HSBC Bank’s general insurance business, which sells both personal and commercial lines products in the UK, France, Hong Kong and…
03 October 2011
Cairns-based broker Joe Vella has joined forces with NSW underwriter Julie Pernecker and Hollard Insurance to form a new caravan park underwriting agency…
26 September 2011
QBE Group’s US-based President, Intermediary Distribution, Mike Scala, has taken over responsibility for global distribution following the retirement of Terry Ibbotson…
26 September 2011
Zurich has advised New Zealand brokers that it will no longer write new earthquake business in most of the country, including Wellington…
26 September 2011
Allianz has confirmed it will begin offering riverine flood cover as part of its home insurance policies in NSW by the end of the year…