Rothbury buys Northland broker
04 November 2019
New Zealand broker Rothbury has acquired Ascot Insurance Brokers to become the third largest broking company in the country...
Corporate
Australian broking contributes to Gallagher earnings
28 October 2019
Strong results in Australian broking operations helped US broker Gallagher achieve an “outstanding” third quarter...
Climate change resolution fails to gain IAG shareholder support
28 October 2019
The majority of IAG shareholders has voted against a resolution that would have required the insurer to set and disclose targets for reducing its investment exposure to fossil fuel-linked assets...
Tower on track to meet earnings target
28 October 2019
New Zealand general insurer Tower expects to achieve a full-year underlying net profit of about $NZ28 million as announced last month in an investor update...
Liability insurance costs drop for SME retailers and professionals
28 October 2019
Professional indemnity comparator BizCover says SME retailers and professionals are now paying less for public liability insurance...
Mecon launches cover against dodgy subcontractors
28 October 2019
Construction underwriter Mecon Insurance has launched a professional indemnity policy to cover builders against design flaws caused by subcontractors...
Ensurance raising capital for UK business
28 October 2019
Underwriting agency Ensurance has announced a share entitlement issue to raise up to $3.79 million for its growing UK business...
Suncorp cheque boosts fire crews
28 October 2019
Suncorp has made a $20,000 donation to help NSW and Queensland better handle bushfire outbreaks...
AIG names new chief for NZ
21 October 2019
AIG has appointed Toni Ferrier as New Zealand CEO, effective from January 20...
IAG criticised over India exit
21 October 2019
The move by IAG to sell its 26% stake in the SBI General joint venture in India has copped heavy criticism from leading business commentator John Durie...
Class actions planned against CBL and directors
21 October 2019
Two separate shareholder class actions have been launched respectively against failed New Zealand insurer CBL Corporation and its former directors...
360 Aviation announces Swiss Re deal
21 October 2019
Underwriter 360 Aviation has secured the rights to review Swiss Re Corporate Solutions’ expiring general aviation business...
HDI Global takes off with new aviation underwriters
21 October 2019
Specialty insurer HDI Global has appointed two senior aviation underwriters in Australia as it aims to become a major aviation insurance provider to the local market...
BHSI targets surety
21 October 2019
Berkshire Hathaway Specialty Insurance has named Jonathan Griffiths as Head of Surety Australia to oversee its launch into the market...
Steadfast affirms profit guidance, eyes acquisitions
21 October 2019
Steadfast expects to deliver underlying earnings at the top end of a guidance range first announced in August after a solid first quarter...
MGA acquires SA agency
21 October 2019
Adelaide-based MGA Insurance Brokers has acquired the Whyalla business Brian Cotter Insurance Agencies, taking its total number of offices around Australia to 40...
Zurich agrees to Pacific Indemnity underwriting deal
21 October 2019
Zurich has agreed to provide a quarter of the capacity for Pacific Indemnity Underwriting Solutions’ professional indemnity policies...
Australia delivers for PSC-linked UK investor
21 October 2019
BP Marsh & Partners, a UK private equity investor in which PSC Insurance Group has a minority holding, says its Australian portfolio did well for the half-year to July 31...
AIG announces new CFO Australia
14 October 2019
AIG has promoted Tibor Nagy to the position of CFO, Australia....
PSC appoints Paragon founder Falk to board
14 October 2019
PSC Insurance has appointed Paragon International co-founder and CEO Tara Falk as a board member following its acquisition of the Lloyd’s broker...