Group COO departs QBE
20 May 2019
QBE Group COO David McMillan will leave the company after almost two years to become CEO at UK-based Esure Group…
Corporate
AMI considers branch closures
20 May 2019
IAG-owned New Zealand insurer AMI is considering closing seven retail outlets because customers increasingly prefer to contact the company using digital media…
Nib seals acquisition of QBE travel arm
20 May 2019
Nib Holdings has completed its purchase of QBE Travel for a final price of $24.2 million, after making allowance for net liabilities acquired…
Aon boosts Australian cyber operation
20 May 2019
Aon is expanding its global data security offering in the Australian market, establishing a new cyber solutions group…
Flamingo Ai receives R&D grant
20 May 2019
Insurtech Flamingo Ai has received a $1.13 million grant from the Australian Government’s Research and Development Tax Incentive Program…
Ensurance adds terrorism and sabotage cover
20 May 2019
Ensurance is introducing a terrorism and sabotage insurance line, which it expects will attract strong demand from current and new customers…
New CEO joins QBE’s Indian joint venture
20 May 2019
QBE’s Indian subsidiary Raheja QBE has appointed Pankaj Arora as CEO and MD, based in Mumbai…
PSC names new MD as founder steps aside
13 May 2019
PSC Insurance Group has appointed Tony Robinson as MD following founder Paul Dwyer’s decision to step down…
NZ court puts CBL Corp into liquidation
13 May 2019
CBL Corporation has today been placed into liquidation, voluntary administrator KordaMentha says in a statement…
Suncorp eyes bank future, dismisses hawking concerns
13 May 2019
Suncorp has dismissed concerns about hawking reform impacts on its Marketplace strategy, amid speculation the company may be considering a bank spin-off…
QBE on course to meet earnings target
13 May 2019
QBE is confident of achieving a combined operating ratio of 94.5-96.5% for the year, despite Australia’s costly summer of natural disasters…
NTI project seeks new ways to add value
13 May 2019
National Transport Insurance is to create an eight-strong “sustainability team”, providing insights, advice and value-add services as the underwriter readies for an industry shift towards more personalised insurance…
Guy Carpenter regional chief holds role in reshuffle
13 May 2019
Reinsurance broker Guy Carpenter has made several senior appointments after parent Marsh & McLennan sealed its $US5.6 billion ($8 billion) takeover of rival JLT…
Genworth expands bank deals as revenue diversifies
13 May 2019
Genworth Mortgage Insurance Australia says it has commercial arrangements with the top five banks following moves to broaden its product offering…
Aon rolls out pollution liability cover
13 May 2019
Aon has introduced pollution liability insurance, covering businesses that accidentally harm the environment…
Steadfast affirms earnings guidance
06 May 2019
Steadfast is on target for underlying net profit after tax of $85-$90 million and underlying earnings before interest, tax and amortisation of $190-$200 million this financial year…
Suncorp flags easing of NZ price rises
06 May 2019
Suncorp New Zealand says the hardening price cycle may already have started moderating in some parts of the market…
US pet insurer partners with Hollard in Australia
06 May 2019
US-listed pet insurer Trupanion has formed a partnership with Hollard Insurance Company to offer cover in Australia…
Broker reviews its future after regulator’s raid
06 May 2019
A Victorian insurance brokerage that was raided by the Australian Securities and Investments Commission is reviewing its future…
Resilium eyes ‘next level’ as independent group
06 May 2019
Resilium Insurance, the largest privately owned authorised representative network following its separation from Suncorp, says it has improved growth prospects under its new ownership structure…