insuranceNEWS.com.au - Corporate

Watchdog sets new date for RACQ, RAA deal findings

Mon, 28 Apr 2025 04:45:27 GMT

The Australian Competition and Consumer Commission is planning to next month release findings on the proposed IAG and Allianz acquisitions of motoring club insurance operations after previously extending the review timeframe...

‘Absurd’: brokers continue to bag commission consent law

Mon, 28 Apr 2025 04:45:14 GMT

General insurance intermediaries have continued to attack new commission consent requirements, following an article published in our broker newsletter last week...

Chubb appoints Asia-Pacific accident and health chief

Mon, 28 Apr 2025 04:44:16 GMT

Janene Blizzard has been promoted to Asia-Pacific head of accident and health at Chubb...

AM Best affirms Tower ratings

Mon, 28 Apr 2025 02:48:04 GMT

AM Best has affirmed the A- (excellent) credit rating of New Zealand insurer Tower, and its long-term issuer credit rating as a- (excellent)...

Hollard ‘co-operating with ASIC’ as claim delay case heads to court

Mon, 14 Apr 2025 04:24:04 GMT

Hollard Insurance says it supports efforts by the corporate watchdog to improve policyholder outcomes and is co-operating amid legal action over its claims handling...

QBE flags contractor risk for micro-SMEs

Mon, 14 Apr 2025 04:23:34 GMT

Insurer QBE says micro-SMEs relying on contractors is a “significant and growing” area of risk that brokers can assist with...

Canopius welcomes new ANZ head

Mon, 14 Apr 2025 04:16:38 GMT

Canopius Group has appointed Andrew Ziolkowski as head of Australia and New Zealand, effective from October 25...

NM eyes next growth phase as 20-year milestone reached

Mon, 14 Apr 2025 04:16:13 GMT

Specialist underwriting agency NM Insurance says it is “planning for the next 20 years and beyond” as it celebrates its first two decades of operation...

Aon shakes up Asia reinsurance leadership

Mon, 07 Apr 2025 04:20:14 GMT

Aon has promoted Soeren Soltysiak to the role of Asia CEO for reinsurance solutions, while Sydney-based Danny Alexander becomes co-head of life and health reinsurance solutions...

US group buys Australian jewellery insurer

Mon, 07 Apr 2025 04:19:49 GMT

Jewelers Mutual Group has expanded into Australia with its acquisition of Jewellers Loop, the country’s first specialist jewellery insurance provider...

Major Tower shareholder completes offload

Mon, 07 Apr 2025 04:19:21 GMT

US private equity firm Bain Capital has sold more than 68 million shares in New Zealand insurer Tower for $NZ1.30 a share, totalling $NZ88.8 million ($80.62 million)...

IAG outlines motor, home repair inspection results

Mon, 07 Apr 2025 04:18:44 GMT

IAG says it conducted 78,865 motor repair quality inspections in the year to last June, overseeing 22% of authorised repairs...

JLG hails retiring board member’s ‘invaluable’ impact

Mon, 07 Apr 2025 04:18:22 GMT

Curt Mudd has retired from the board at Johns Lyng Group after more than seven years as a director with the building services provider...

HDI targets ‘substantial’ mid-market gains

Mon, 31 Mar 2025 02:47:14 GMT

HDI Global sees growth opportunities in the Australian mid-market segment this year following the branch’s strong contribution to the international group’s result...

Tower in trading halt as major shareholder exits

Mon, 31 Mar 2025 02:47:02 GMT

New Zealand insurer Tower has been placed in a trading halt at its request to allow a shareholder with a stake of about 19.9% to sell down...

Fitch drops Helia outlook over CBA contract threat

Mon, 31 Mar 2025 02:46:45 GMT

Fitch Ratings has cut its outlook for Helia Group to negative from stable, saying its share of gross written premium in the lenders’ mortgage insurance market looks poised to drop to 21% from 38% last year...

360 refines plant offering

Mon, 31 Mar 2025 02:46:23 GMT

Underwriting group 360 says it has made “significant enhancements” to its plant and equipment product...

IAG adds experienced board member

Mon, 31 Mar 2025 02:45:55 GMT

Former KPMG partner JoAnne Stephenson will join the IAG board on May 12...

Steadfast considers CEO succession as Fitzgerald steps down

Mon, 24 Mar 2025 03:48:23 GMT

Steadfast Group COO Nigel Fitzgerald will step down on July 1 to pursue a “personal business venture” after two years with the listed broking group...

Berkley, Pursuit team up on leisure, tourism

Mon, 24 Mar 2025 03:47:57 GMT

Pursuit Underwriting has partnered with Berkley Insurance Australia to provide cover for recreation, wellness and tourism risks...