Brought to you by:

Corporate

Allianz pushes through price rises in Australia

16 November 2009

Allianz Australia has given some solid evidence of a hardening market after growing its quarterly property and casualty gross written premium by 10.1% to €458 million ($735 million)…

IAG names new chairman

16 November 2009

IAG has named Brian Schwartz to succeed James Strong as chairman on July 1 next year…

IAG continues to improve

16 November 2009

The worst may be over for IAG, with CEO Mike Wilkins saying the business is continuing to improve, posting a $181 million net profit for 2008/09…

Youi expands operations

16 November 2009

Youi Insurance has marked its first year in the Australian market by extending its car and home cover to WA, SA and Tasmania…

QBE Australia aims for 24% growth

09 November 2009

QBE Australia has forecast 24% growth in gross written premium next year despite the effect of a strong Australian dollar…

AIMS board reshuffles

09 November 2009

Glenn Lambert of Austbrokers Holdings has been elected chairman of AIMS, the insurance broking joint venture of Austbrokers and IBNA…

AIG Australia name set to disappear

09 November 2009

The AIG Australia brand is set to disappear within weeks as its parent company prepares to roll out its new name of Chartis…

CBA sees growth in life and general insurance

09 November 2009

Strong new business volumes in life and general insurance have sent the Commonwealth Bank of Australia’s premium income up 2% in the third quarter to $1.6 billion…

Ebix reports record results

09 November 2009

International insurance software and online exchange provider Ebix has reported a record third-quarter net income of $US9.4 million ($10.3 million), up 28% from…

Snowball calls for unified culture at Suncorp

02 November 2009

New Suncorp CEO Patrick Snowball has warned competitors to keep their hands off the group’s troubled bank, while also admitting business complexity needs to be reduced…

Suncorp ditches ‘Queensland’ rule

02 November 2009

Suncorp is moving away from its Queensland stronghold, with shareholders last week voting to get rid of its residency rules for directors…

IAG’s confidence grows

02 November 2009

Improved conditions in the first quarter of the financial year have left IAG confident about delivering an insurance margin at the top end of its 9-11% fiscal guidance range…

NZ CEO counts cost of claims inflation

02 November 2009

IAG NZ CEO Ian Foy says the group’s struggling NZ business is the outcome of an increasingly unprofitable NZ market due to adverse weather, wage inflation and goods inflation…

MGA completes PPS purchase

02 November 2009

SA-based MGA Insurance Brokers is close to completing the purchase of Portfolio Planning Solutions, two years after buying 75% of the company…

Claims, investment downturn squeeze AMI

02 November 2009

Weather-related claims and lower investment income bit into net profit at New Zealand general insurer AMI in the 12 months to June 30, driving it down 31% from the previous year…

Snowball shuffles insurance chiefs

26 October 2009

Suncorp CEO Patrick Snowball has put two proven performers in charge of the group’s commercial and personal lines insurance operations in his first significant change…

TIO records worst ever result

26 October 2009

The Territory Insurance Office has reported the worst result in its 30-year history with a loss of $58.6 million…

Dual dumps Lumley for Lloyd’s

26 October 2009

Underwriting agency Dual Australia has ended its underwriting relationship with Lumley Insurance and will instead underwrite solely on behalf of Lloyd’s syndicate Arch…