QBE completes NAU acquisition
05 July 2010
QBE Group has successfully completed its acquisition of specialist US crop insurer NAU Country Insurance…
Corporate
Online insurer buzzes into homes
05 July 2010
IAG-owned The Buzz has extended its product range to include home insurance alongside its initial car insurance offering…
NZI announces new leaders
28 June 2010
IAG New Zealand subsidiary NZI has announced several strategic appointments…
Ebix swallows compliance specialist
28 June 2010
Ebix Australia has purchased compliance tracking service Trades Monitor in an acquisition that mirrors operations held by its US parent…
Zurich’s NZ chief to change roles
28 June 2010
Zurich Australia’s Country Manager NZ Mike Poole is to step down next month to take up another role within the company…
Elders shares fall on profit downgrade
28 June 2010
Elders will implement a frugal program of job cuts and cost reductions after announcing it expects to make a loss this year…
New ship cover policy
28 June 2010
Zurich subsidiary Associated Marine Insurers says updated terms for its ship repairers’ policy will boost Australia’s reputation as a centre for shipbuilding and repairs…
NRMA adds to iPhone apps suite
28 June 2010
Motor insurer NRMA Insurance is building its smartphone application presence with the release of two new products for the iPhone…
Dual lures Calliden executive
28 June 2010
Specialist underwriting agency Dual Australia has a new COO following the appointment of former Calliden Underwriting Director Peter Bailey…
QBE resilient despite rising exposure
21 June 2010
QBE has forecast its first-half insurance profit margin to hit the lower end of its earlier 16-18% target range due to lower investment yields and a higher exposure to large claims…
QBE outlines global distribution strategy
21 June 2010
QBE Group is looking to new relationships with major brokers as its new global distribution business headed by former Australian Operations CEO Terry Ibbotson targets new business…
Cunningham Lindsey launches mining team
21 June 2010
Global loss adjusting firm Cunningham Lindsey has expanded its reach in the resources sector, launching a new division specialising in major mining losses…
Axa SA puts British life on the table
21 June 2010
French insurer Axa SA is in talks with British entrepreneur Clive Cowdery to hammer out a £2.8 billion ($4.8 billion) deal that would see Axa exit the UK life insurance sector…
QBE buys Argentinian insurer
15 June 2010
US insurer CNA Financial Corporation has completed the sale of its Argentinean subsidiary to QBE’s rapidly growing Americas unit…
New Australia boss for Lloyd’s
15 June 2010
Lloyd’s has selected an internal candidate to replace Keith Stern as its manager in Australia…
Associated Marine unveils new management team
15 June 2010
Associated Marine has reshuffled its leadership ranks following the defection by several executives to a new competitor and the retirement of two long-serving stalwarts…
LMI launches iPhone application
15 June 2010
Risk management group LMI is turning to smartphone applications to help brokers and loss adjusters explain underinsurance to their clients…
IAG in shock downgrade
07 June 2010
IAG will radically realign its UK business and push further rate increases after a shock third profit downgrade this year…
QBE restates its resilience
07 June 2010
QBE has again reassured investors of its ability to deal with large-scale claims events as the Gulf of Mexico oil spill continues to spread and trouble hits the UK motor market…
Calliden and QBE pick up NSW builders’ warranty
07 June 2010
Calliden’s future in the builders’ warranty insurance market appears assured after being appointed to a new state-operated scheme in NSW alongside QBE…