Quakes blow out AMI results
26 September 2011
Troubled New Zealand mutual AMI Insurance is weighing up approaches from potential new investors and has hired corporate advisors Goldman Sachs to help raise new capital…
26 September 2011
Troubled New Zealand mutual AMI Insurance is weighing up approaches from potential new investors and has hired corporate advisors Goldman Sachs to help raise new capital…
19 September 2011
QBE has expanded its executive team and announced a new role of EGM Claims…
19 September 2011
Zurich-owned Associated Marine will pull out of the private pleasurecraft market from the end of this month…
19 September 2011
Lumley Insurance is now offering flood cover for home and landlord insurance and three-in-one motor vehicle deals for SMEs in two new packages announced at the National Insurance Brokers Association…
19 September 2011
The receivers and liquidators of Herbert Insurance Group have notified the failed insurer’s professional indemnity insurers of potential claims…
19 September 2011
Insurance technology company Ebix, which owns the Sunrise Exchange online transaction platform, has been ranked the world’s fourth-fastest growing technology company by US business magazine…
19 September 2011
Global loss adjuster McLarens Young International has acquired Airclaims, an aviation claims and technical adviser…
12 September 2011
Merrill Lynch research analyst Andrew Kearnan says QBE is becoming “increasingly US-centric” in its search for growth…
12 September 2011
Insurance Australia Group CEO Mike Wilkins says the group’s turnaround strategy for the UK is on target, despite persistent rumours it is looking to offload the underperforming business…
12 September 2011
Centrepoint Alliance has reported a loss of $13.1 million for the 12 months ending June 30, despite revenue being up 2% to $58.3 million…
12 September 2011
CGU Insurance has appointed Swann Insurance GM Stuart Chapman as its new CFO…
05 September 2011
Popular industry stalwart Terry Ibbotson has retired from QBE, stepping down as its Global Head of Distribution…
05 September 2011
Failed New Zealand insurer Western Pacific is expected to have a claims shortfall of $NZ14.2 million ($11.3 million), according to the latest report to creditors…
05 September 2011
Insurance industry leaders around the world are facing a “global storm” of economic, political and climate issues, according to Suncorp Group CEO Patrick Snowball…
05 September 2011
Listed insurer Insured Group has reported a $3.5 million net loss for the 15 months ending June 30, up 216% on the 12 months ending June 30, 2010. During that 12-month period, the loss was…
05 September 2011
Underwriting agency United Underwriting has acquired hospitality specialist Guardian Underwriting…
05 September 2011
Tower NZ Chairman Tony Gibbs has resigned and has been replaced by Bill Falconer, who has been a director since 2003…
29 August 2011
Suncorp’s general insurance book has weathered the surge in natural catastrophes to record a $392 million profit after tax, but CEO Patrick Snowball says the bottom line “is still not where it should be”…
29 August 2011
IAG expects a strong increase in gross written premium in the year ahead, CEO Mike Wilkins told an investor briefing last week…
29 August 2011
Broking group Austbrokers has shrugged of a gloomy market to post a 17.5% increase in its after-tax profit to $21.4 million for the year to June 30…