Tokio Marine appoints new Australia CEO
08 August 2011
Tokio Marine has confirmed the appointment of Jun Matsui as the new CEO of its Australian operations, as former chief Masayuki Mizunuma returns to Japan after five years in the job…
Corporate
S&P keeps IAG’s ratings at AA-
08 August 2011
IAG’a AA- financial strength rating for its core operating companies has been affirmed by Standard & Poor’s, with a stable outlook…
Hollard joins UAC alliance
08 August 2011
The Underwriting Agencies Council has named Hollard Insurance as its third and final strategic partner…
Ace appoints new accident & health chief
08 August 2011
Andrew Nisbet has been appointed the new Head of Accident & Health for Ace Insurance’s Australia and New Zealand division…
Correction: Affinity Insurance Brokers
08 August 2011
Last week’s bulletin said MGA Insurance Brokers had moved into the Melbourne market with the acquisition of a portfolio from “Affinity Insurance Brokers”…
Suncorp’s Christchurch losses surpass $2 billion
01 August 2011
Suncorp’s gross losses from February’s Christchurch earthquake continue to mount, surpassing $2 billion…
MGA expands to Melbourne
01 August 2011
MGA Insurance Brokers is expanding its reach to Melbourne with the addition of two new offices, establishing the Adelaide-based company as a truly national enterprise…
Ace Australia rating upgraded
01 August 2011
Ratings agency Standard & Poor’s has upgraded its counterparty credit and financial strength ratings for Ace Australia to AA- from A+…
IAG faces Lloyd’s Names fight
01 August 2011
Lloyd’s Names are considering legal action against the management of two Lloyd’s motor syndicates, including one owned by IAG…
Good year for CommInsure
01 August 2011
The Commonwealth Bank has reported insurance inforce premiums were up 3% for the year ending June 30…
Aon wins Australian Business Award
01 August 2011
Aon has won an Australian Business Award for innovation for its WorldAware Solutions travel program…
McLenaghan out, Fagen in as QBE returns to 2010 structure
25 July 2011
Vince McLenaghan, who several years ago was predicted to succeed Frank O’Halloran as CEO of QBE, has left the company after a restructure…
Willis CEO moves to QBE NZ
25 July 2011
Willis Australasia CEO Bill Donovan has resigned to take up a new position dealing with international brokers at QBE New Zealand…
Platinum pulls out of Australasia
25 July 2011
Bermuda-based Platinum Underwriters has confirmed it has stopped writing reinsurance in Australia and New Zealand…
Gold Coast brokers merge
25 July 2011
Southport-based Wymark Insurance Brokers and Surfers Paradise-based Sirius Risk Services have merged to create Wymark Sirius Insurance Brokers…
Insurance brands win trust despite flood criticism
25 July 2011
Insurance brands are maintaining a trusted stance despite ongoing industry criticisms in response to the Queensland floods, and NRMA Insurance is leading the charge, according to the 2011…
Civic Assurance to approach shareholders for more capital
25 July 2011
New Zealand-based local government insurer Civic Assurance is working to get back into the property market and will approach its shareholders for a capital injection…
Zurich appoints new chief actuary
25 July 2011
Zurich has announced the appointment of former KPMG partner David Whittle as Chief Actuary of its Australian and New Zealand businesses…
Associated Marine loses MD in restructure
18 July 2011
Associated Marine MD Stephen Ford will leave the Zurich-owned underwriting agency next month under a restructure that will see the business integrated more closely with the primary business…
Ironshore enters Australian market targeting complex corporate risk
18 July 2011
US-based specialty insurer Ironshore Inc has expanded to Australia, where it is targeting the market for large, complex corporate risks…