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Corporate

Law firms split, but it’s amicable

20 September 2010

The separation of national law firm DLA Phillips Fox and its Adelaide office has been finalised, but it won’t affect the company’s ability to handle insurance cases…

Insured Group moves to reduce debt levels

13 September 2010

Perth-based Insured Group – formerly Australian Consolidated Insurance Ltd – is selling its Classic Cover Insurance and Tasman Insurance Consultants businesses to New Zealand’s…

AEI Transport expands focus

13 September 2010

Transport broking specialist Austbrokers AEI Transport has widened its business focus entering into a joint venture with Chegwyn Corporate Services to form Austbrokers AEI Pty Ltd…

Aon seals deal with Xchanging

13 September 2010

Major broker Aon has expanded its business relationship with claims processor Xchanging by entering into a new agreement covering its Australian operations…

AIA’s Australian operations not for sale

13 September 2010

AIG subsidiary AIA has denied its Australian operation is for sale, although the Hong Kong-based insurer continues to move towards an Asian float…

CEO succession report false: QBE

06 September 2010

QBE has denied that former Aon UK CEO Peter Harmer is being lined up to succeed Frank O’Halloran as Group CEO…

OAMPS gets Magnetic

06 September 2010

Wesfarmers subsidiary OAMPS Insurance Brokers has acquired Townsville-based Magnetic Insurance Solutions…

QBE buys Seattle Specialty

06 September 2010

QBE Insurance has acquired mortgage insurer Seattle Specialty Insurance Services through its subsidiary, Sterling National…

Disasters and UK hit IAG’s bottom line

30 August 2010

IAG has reported a $493 million profit for the 2010 financial year despite a blowout in natural disaster claims in Australia and problems in its UK operations…

Suncorp more than doubles profit

30 August 2010

Suncorp has recorded strong full-year results, more than doubling net profit after tax to $780 million, up from $348 million last year…

Austbrokers increases profits 14.4%

30 August 2010

Austbrokers Holdings has reported solid growth this year, with consolidated net profit after tax rising 14.4% to $18.2 million…

Calliden posts $6.5 million profit

30 August 2010

Mid-market insurer Calliden has posted a first-half net profit of $6.5 million on the back of a strong underwriting performance…

Zurich sharpens GI operation

24 August 2010

Zurich Australia’s general insurance arm has been revamped to give state managers greater responsibility…

New Chartis CEO takes the helm

23 August 2010

Noel Condon has been appointed as CEO of Chartis Australia, taking over from new Asia-Pacific President and CEO Chris Townsend…