QBE hails ‘positive start’ as earnings jump amid easing rates
12 August 2024
QBE’s earnings surged in the first half on lower catastrophe costs and increased investment income, while the pace of premium rate increases is slowing...
Corporate
Allianz Australia earnings rise sharply
12 August 2024
Allianz’s general insurance business in Australia recorded stronger results in the second quarter, lifted by higher renewal rates and a drop in claim-related losses...
Brokerage tie-up launches as Aviso Specialty
12 August 2024
The Aviso Specialty brand has formally launched following the merging of Envest businesses Fitzpatrick Insurance Brokers, Arete Risk Solutions and Amicus...
QBE fills Australia Pacific risk chief role
12 August 2024
QBE has appointed Ed Rainsford as chief risk officer for its Australia Pacific business...
Tower raises profit forecast as weather holds fair
12 August 2024
New Zealand insurer Tower has lifted its earnings guidance, saying claims performance has been stronger than expected since June...
Mitsui Sumitomo recruits distribution chief
12 August 2024
Mitsui Sumitomo Insurance has appointed David Hall as head of distribution and says it is looking to engage more with underwriting agencies as “a key pillar of its growth strategy”...
Fitch monitors Suncorp after bank sale
05 August 2024
Suncorp Group is under a ratings review following the sale of its bank business to ANZ, Fitch says...
Johns Lyng builds on strata management portfolio
05 August 2024
Johns Lyng Group has stepped up its investment in strata management companies, announcing the acquisition of SSKB and its portfolio of more than 44,000 lots across 790 schemes in the eastern states...
Ausure hails Queensland AR acquisition
05 August 2024
Ausure has added to its broking business by buying one of its authorised representatives, Coastsure Insurance Brokers...
HDI Global sets up Dubai branch in regional growth push
05 August 2024
HDI Global has opened an office in Dubai led by Willem van Wyk, who has moved to the Middle East from Sydney...
Tesla, Zurich strike EV cover deal in Australia
29 July 2024
Zurich will be the preferred electric vehicle insurance provider for Tesla customers in Australia, after holding the same role in Switzerland since 2016...
New ANZ chief to join Swiss Re Corporate Solutions
29 July 2024
Kevin Bates has been named as Swiss Re Corporate Solutions' new country head for Australia and New Zealand...
Bridge rolls out customer experience consultancy
29 July 2024
Australian consultancy The Bridge International has launched CXO2, a customer experience consulting specialist...
Ausure shakes up management
29 July 2024
Ausure has promoted Adam Sloan to GM business development, while Vickie Jeffery has become GM technology and systems, Deb Whyte GM people and culture, and Charline Mitchener GM marketing...
PSC buys Sherpa
29 July 2024
PSC Insurance Group has acquired Sherpa Insurance, according to a brief LinkedIn post...
Allianz teams with Football Australia
29 July 2024
Allianz has signed up as the official insurance partner of Football Australia and its national teams...
New Chubb country president set for September start
22 July 2024
Chubb’s new Australia and New Zealand country president Ben Howell will start on September 1, pending regulatory approval...
FM ‘tracking nicely’ as cat losses hold off
22 July 2024
Commercial property insurer FM says its loss ratio is below target this year, helped by a benign catastrophe environment so far...
QBE subsidiaries earn ratings affirmation
22 July 2024
QBE’s “very strong” balance sheet will support its key operating subsidiaries in Britain, North America and Europe, AM Best says...
AMA eyes $125 million capital raise to ‘focus on profitable growth’
22 July 2024
AMA Group has provided a business update including details of a $125 million equity raising to help revitalise its operations...