16 May 2022
Australia’s leading provider of lenders mortgage insurance expects mortgage delinquencies to gradually increase this year and for claims incurred to rise to more normal levels, though it says improved borrower equity from a jump in house prices should provide a “helpful buffer” for the insurer...
16 May 2022
Stand Underwriting, backed by Liberty Special Markets, has launched with Balance Sheet Protection as its initial product...
16 May 2022
Assetinsure has today announced the acquisition of a 25% stake in eGuarantee, the distributor of the specialist insurer’s lease bond product...
16 May 2022
Allianz Partners Australia CEO Chris McHugh says the specialty niche insurance and assistance business is well positioned for a rebound in demand as borders continue to open after restrictions...
16 May 2022
QBE is the first insurer to pledge support for the 40:40 Vision initiative, promising to achieve and maintain a balance of 40% women and 40% men in executive leadership by 2030...
16 May 2022
The first Reconciliation Action Plan by Genworth was endorsed last month as the insurer joins fellow industry leaders IAG, Suncorp, Zurich, Willis Towers Watson and Allianz...
09 May 2022
AUB Group says its $880 million acquisition of UK broker Tysers will transform the company, expanding its operations and specialist capabilities and offering direct access to the Lloyd’s market...
09 May 2022
QBE is looking to review its full-year earnings outlook after the business recorded a 19% jump in gross written premium in the three months to March and group-wide renewal rate increases averaged 7.9% during the period...
09 May 2022
Allianz Partners Australia and Youi have received certification for their Product Disclosure Statements from newly-launched Plain Language Contracts, which determines whether insurance contracts and other correspondence meets a “credible” standard of being understood...
09 May 2022
A broker acquired by Gallagher has praised the firm’s approach, saying clients will benefit from additional resources...
09 May 2022
Hugh Burke has been appointed CEO of the Asia-Pacific region at Coface, taking over from Bhupesh Gupta who vacates the role after six years...
09 May 2022
Melbourne-based heavy vehicle repairer Truckrite has become one of 20 premium repair partners of transport and logistics specialist insurer NTI...
02 May 2022
PSC Insurance Group says the Alan Wilson Insurance Brokers business, which it announced last week it is acquiring, has “very good ongoing growth prospects” in its specialty fire protection area and has also built a diversified SME client base...
02 May 2022
Ensurance is progressing with plans to step up its presence in the Australian market, following the opening of an office in Sydney at the start of the year, the underwriting agency says in update for the March quarter...
02 May 2022
Professional Risk Underwriting says a new covid cover, triggered when a person is hospitalised, can help provide financial peace of mind as the virus continues to circulate amid a winding back of pandemic restrictions...
02 May 2022
Gallagher has posted strong earnings for the first quarter, as the US-based broker looks to strengthen its business in key markets including Australia...
02 May 2022
Suncorp has created one of the most resilient streets in Australia by paying for upgrades in a Rockhampton road to help protect residents from natural catastrophes...
26 April 2022
Swiss Re Corporate Solutions is looking to step up its presence in the professional indemnity insurance space for lawyers, saying there is an opportunity for growth despite the challenges facing the product line...
26 April 2022
Zurich Life and Investments CFO Daniel Longden will also take up financial responsibility for the General Insurance businesses across Australia and New Zealand from next week...
26 April 2022
Allianz Commercial has appointed Sydney-based Jason Hawksworth GM Distribution in its Commercial division, which was introduced at the start of last year under a new operating model focused on three key customer segments...