QBE ditches coal business
01 April 2019
QBE has unveiled plans to withdraw from coal-related businesses when the next financial year starts…
Corporate
CBL fallout drags on Assetinsure earnings
01 April 2019
Assetinsure’s pre-tax profit fell by $2.4 million to $5.4 million last year because of additional expenses linked to its financially troubled former parent CBL Corporation…
CBL Corporation owes creditors $166 million
01 April 2019
New Zealand insurer CBL Corporation has paid none of the $NZ173 million it owes creditors, according to voluntary administrator KordaMentha…
QBE seeks restoration service partners
01 April 2019
QBE today launched a tender for the provision of insurance restoration services across its personal and commercial lines…
HDI names ex-QBE exec to pilot aviation team
01 April 2019
HDI Global Specialty has appointed Jamie Bowes as Head of Aviation, overseeing its new Melbourne-based aviation team…
Suncorp silent on crash repairer sale
01 April 2019
Suncorp has declined to confirm reports it is reviewing its majority stake in Melbourne-based crash repairer Capital Smart…
IAG's people person steps down
01 April 2019
Former IAG New Zealand CEO Jacki Johnson will retire from the group in June, but will continue to represent the company on a new financial sector sustainability group…
Salt Marine recruits for Melbourne office
01 April 2019
Salt Marine Risks Australia has opened a Melbourne office and appointed Richard Grant as the local representative and Marine Manager, Cargo…
QBE sounds alarm on smoke detectors
01 April 2019
QBE has called on homeowners to shower more “love and attention” on smoke detectors, as a new study shows the devices are poorly understood…
Suncorp sells Resilium in management buyout
25 March 2019
Suncorp will sell its authorised representative network Resilium through a management buyout led by Adrian Kitchin after last year appointing advisers to review options for the business…
Suncorp starts rebuilding Townsville ‘homes and lives’
25 March 2019
Suncorp has moved its Townsville flood response into the rebuilding phase, as the insurer aims to complete all home assessments this month…
Zurich helps pursue Thailand gold mine claim
25 March 2019
Australian mining company Kingsgate and Zurich-led insurers will work together to pursue a trade agreement claim against the government of Thailand over the expropriation of the Chatree gold mine…
New leader takes charge at QBE NZ and Pacific
25 March 2019
QBE’s New Zealand Pacific Chief Customer Officer Andrew Corbett has taken charge of the newly formed New Zealand and Pacific region…
Westpac revamp shifts insurance operations
25 March 2019
Westpac has shifted its general insurance operation into an expanded Consumer division, in what the bank says is a bid to make it easier to meet the needs of retail customers…
Pen merges liability operations
25 March 2019
Pen Underwriting has combined its hospitality and leisure liability team with general liability as it looks to strengthen its business in the liability space…
Ansvar profit doubles on property gains
25 March 2019
Ansvar Australia’s underwriting profit more than doubled last year as property gross written premium increased and a more benign natural catastrophe environment cut costs…
Aviso adds ninth broker partner
25 March 2019
Aviso Group has added Western Insurance Brokers to its Steadfast-affiliated broker network…
Thomas Cook buyer to honour travel policies
25 March 2019
The buyer of British holiday giant Thomas Cook’s local arm says he will honour travel insurance policies written by the former parent…
Steadfast brokers ‘not obliged to use acquired funder’
18 March 2019
Steadfast says its brokers will not be required to use the premium funder it now owns 100%…
Fusion grows with Zurich agency deal
18 March 2019
Fusion Specialty Insurance has expanded its Asia-Pacific mergers and acquisitions capacity through an underwriting agency partnership with Zurich…