IAG premium growth slows as inflation eases
17 February 2025
IAG shares tumbled last week after it forecast full-year gross written premium growth towards the lower end of its “mid to high single digit” guidance range as claims inflation slows...
Corporate
Suncorp eyes greater efficiency as rate growth moderates
17 February 2025
Suncorp says it will pursue efficiency gains, including in claims handling, to ensure margins remain strong as the premium cycle moderates...
Liberty names new Australia president as Abdallah shifts role
17 February 2025
Liberty International Insurance has made John McCabe president of Australia under changes to its Asia-Pacific leadership team...
‘Important step’: AMA secures $110 million debt facility
17 February 2025
Smash repairer AMA Group says it has received approval from two major Australian banks for debt facilities totalling $110 million...
Benign weather, ‘careful risk selection’ lift Tower forecast
10 February 2025
New Zealand insurer Tower has raised its profit guidance for the year to September to $NZ60-$NZ70 million ($54.17-$63.2 million)...
Gallagher ‘excited’ for 2025 after Q4 gains
10 February 2025
Gallagher’s Australian operations delivered “high single digit” earnings growth in the fourth quarter...
New cyber head joins Blue Zebra growth push
10 February 2025
Blue Zebra has recruited a new head of cyber after Richard Smith moved to Rhodian’s Sync Underwriting...
CFC takes cyber cover into the physical realm
10 February 2025
Policyholders under CFC’s $50 million large-line-size cyber cover can now access protection for property damage caused by a digital breach...
Branding call to come as Steadfast brokerages join forces
03 February 2025
Rebranding details are yet to be revealed as brokerages Network Insurance Group and Insurance House prepare to merge...
Rhodian rolls out cyber underwriter
03 February 2025
Rhodian has launched a cyber underwriting agency led by former Blue Zebra head Richard Smith...
Stella recruits country manager amid growth drive
03 February 2025
Stella Insurance has appointed Victoria Smith to the newly created role of Australia country manager...
British agency logs in to Australian timber market
03 February 2025
Britain’s Artes Specialty has launched a combined material damage and associated liability product for the commercial logging market in Australia...
Building services company rebrands
03 February 2025
Pattersons Insurerbuild, which has been providing services to the industry for nearly three decades, has rebranded as InsureBuild as it looks to expand...
Law firm files fresh IAG loyalty price lawsuit
16 December 2024
IAG says it will defend a second class action over home cover loyalty discounts, this time centred on its NRMA Insurance subsidiary...
Allianz uses VR to help traumatised crash victims
16 December 2024
Allianz says its virtual reality therapy program is helping customers overcome their fear of driving after crashes...
QBE reinsurance subsidiaries secure ‘excellent’ rating
16 December 2024
AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of a+ (Excellent) to QBE subsidiaries QBE Capital Global Bermuda and its immediate parent, QBE Capital...
Suncorp board recruit bolsters tech experience
16 December 2024
Suncorp has appointed David Whiteing to the board as it looks to strengthen its technology transformation expertise...
Investment firm hires regional insurance head
16 December 2024
AllianceBernstein has appointed Bob Sharma as head of insurance for Asia-Pacific, Europe, the Middle East and Africa...
Weaver to leave WTW after almost a decade
09 December 2024
WTW head of Asia-Pacific Simon Weaver will leave the company, the international brokerage has confirmed...
Allianz to buy RAA Insurance amid motor groups shake-up
09 December 2024
SA-based RAA is selling its underwriting operations to Allianz Australia in a $642 million transaction following a similar deal announced between RACQ and IAG, and as WA’s motoring group also reviews its insurance arm...