Good results at CommInsure
26 July 2010
Commonwealth Bank of Australia’s insurance premiums were up 2.5% to $1.58 billion for the June quarter…
Corporate
Zurich appoints new manager to drive Z.stream upgrades
26 July 2010
Zurich has hired former Suncorp Executive Manager GIO Personal Lines, Shaun Feely, to drive the latest upgrades to its online processing platform, Z.streamXpress…
Calliden closes ARGIS offices
19 July 2010
Calliden Group has affirmed its commitment to the farm insurance market after announcing its decision to close the four regional offices of rural insurer ARGIS…
Suncorp bags profit on JV sales
19 July 2010
Suncorp has forecast an after-tax profit of between $110-125 million on the sale of its stakes in two insurance joint ventures held with motoring organisations in SA and Queensland…
Crawford Australia launches complex claims division
19 July 2010
International claims management firm Crawford & Company has launched an Australian Global Technical Services division specialising in the management of large and complex claims…
WR Berkley opens Brisbane office
19 July 2010
WR Berkley Insurance Australia continues to branch out from its Sydney base, opening a second office in Brisbane today…
New TIO office opens six months after bombing
19 July 2010
The Territory Insurance Office has opened a new branch in Darwin six months after a disgruntled claimant firebombed a city outlet injuring more than a dozen people…
IAG’s Wilkins bags good discounts
19 July 2010
Insurance Australia Group CEO Mike Wilkins has exercised 96,200 deferred award rights in the company at a rate of $1 each under a deferred award rights plan…
Gallagher appoints Australia-NZ CEO
12 July 2010
Arthur J Gallagher Australasia has appointed Andrew Godden, the MD of sister company Specialised Broking Associates, as its new CEO…
QBE buys Belgian reinsurer
12 July 2010
QBE Group has further expanded its global reach with a share purchase agreement to acquire Belgian specialist reinsurer Secura NV for €267 million ($386 million)…
Ace appoints new local boss
12 July 2010
Ace Insurance has appointed Giles Ward as CEO of Australia and NZ following the promotion of Damien Sullivan to the lead role in Asia…
Tokio Marine to expand in Australia
12 July 2010
Global insurance group Tokio Marine plans to expand its international reinsurance and large commercial property operations, including opening a new reinsurance office in Australia…
Steadfast quits IT firm due diligence
12 July 2010
Cluster group Steadfast has withdrawn from negotiations to buy insurance technology firm InsuranceConnect…
Stream continues rapid progress
12 July 2010
Claims management consultancy Stream has continued its rapid growth since its inception in 2007 with the full acquisition of claims service provider Venturis…
Nautilus confident in underwriter search
12 July 2010
Nautilus Marine remains “pretty confident” of locking down a new underwriting agency agreement ahead of the departure of Lumley early next year…
CGU buys 50% of AHI
05 July 2010
CGU has bought 50% of major underwriting agency Accident & Health International…
Calliden sells share in Sports Underwriting
05 July 2010
Junior insurer Calliden will sell its 50% stake in Sports Underwriting Agency, which it helped establish in 2006…
Ansvar appoints new CEO
05 July 2010
Former software company executive Andrew Moon has been appointed CEO of Ansvar Insurance, joining the community and faith insurance specialist at the start of next month…
NSW brokerages merge
05 July 2010
Byron Bay-based Eagle Insurance Brokers and Kempsey counterpart Australian Insurance Services have announced a merger that will create a significant player in the north of NSW…
BOQ buys St Andrew’s Insurance
05 July 2010
The Bank of Queensland Ltd has expanded its insurance offering with the purchase of St Andrew’s Insurance (Australia) and St Andrew’s Life Insurance…