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Corporate

Which insurer is banking on success?

20 February 2007

The Commonwealth Bank’s insurance arm is earning its keep, posting an underlying profit of $111 million for last calendar year…

QBE buys strategic stake in Austbrokers

13 February 2007

The potential big deals in the local market are too expensive for QBE’s taste, but that hasn’t stopped the company thinking laterally to take a strategic 14.9% stake in Austbrokers…

CEO quits No 1 truck insurer

13 February 2007

National Transport Insurance CEO Wayne Patterson will leave the company next month after seven years in the top job…

Zurich expands to NT

13 February 2007

Zurich Financial Services Australia has expanded into the Northern Territory, the final jurisdiction in its national coverage…

Name change at Lumley

13 February 2007

Lumley has changed the name of its marine division from Lumley Marine to Lumley Marine & Logistics to ensure the diversity of marine and supply chain risks is better represented…

QBE makes it 99

06 February 2007

QBE Australia’s CEO Frank O’Halloran is one acquisition away from his coveted “century” target after the purchase of Mexican commercial insurer Cumbre Seguros…

Dexta looks out for doctors

06 February 2007

Specialist underwriter Dexta has expanded its offerings with a foray into the medical liability market…

Academy off to a good start

06 February 2007

CGU’s in-house training program, the CGU Academy, is reporting strong early success…

QBE gains US foothold

30 January 2007

The insurance industry may slow down over January but it was full steam ahead for QBE…

New CEO for Aon Australia

30 January 2007

Aon Australia National GM Corporate Risk Services Steve Nevett has been appointed CEO of Aon Australia, with the man he replaces, Peter Harmer, moving to the UK as CEO…

Allianz signs IT agreement

30 January 2007

Allianz Australia has signed a three-year $8 million IT services contract with Computer Sciences Corporation…

Wesfarmers in NZ broker buyout

12 December 2006

Perth-based industrial conglomerate Wesfarmers is expanding its insurance broking credentials with the acquisition of New Zealand’s largest locally owned broker…

IAG takes the UK road

05 December 2006

Insurance Australia Group is busily acquiring more businesses – with a huge UK transaction announced yesterday and a smaller Malaysian investment also on the card…