Steve Lardner set to retire
01 February 2012
Popular broker Steve Lardner will retire from Aon Risk Solutions on July 6…
Breaking News
IAG to acquire New Zealand’s AMI
16 December 2011
IAG announced this morning it has entered into an agreement to buy troubled New Zealand insurer AMI for $NZ380 million ($288 million)…
Natural Disaster Insurance Review recommendations released
14 November 2011
Assistant Treasurer Bill Shorten this afternoon released the recommendations of the Natural Disaster Insurance Review, which encompass flood risk management, insurers’ claims-handling…
Bhatia goes as Wesfarmers Insurance restructures
27 October 2011
Wesfarmers Australian Underwriting CEO Vivek Bhatia will leave the Wesfarmers Insurance operation as part of a management restructure…
Smith goes as Zurich splits operations
08 March 2011
Zurich Australia is to split its local operations into two separate businesses as part of a global strategy…
Insurance staff missing after quake – one confirmed dead
23 February 2011
Some loss adjusters and insurance brokers working in Christchurch remain unaccounted for and one has been confirmed dead following yesterday’s devastating earthquake in the city…
Harmer to replace West at CGU
20 October 2010
Former Aon UK CEO Peter Harmer has been appointed CEO of CGU, replacing Duncan West…
Victoria to dump fire services levy
27 August 2010
Victorian Premier John Brumby announced this morning that the state will abolish the insurance industry-based fire services levy…
Brumby sidesteps call to drop fire services levy
02 August 2010
Victorian Premier John Brumby has committed only to “further consultation” on a 2009 Victorian Bushfires Royal Commission recommendation to abolish the fire services levy…
British insurers recruit ICA’s Kerrie Kelly
04 November 2009
The Association of British Insurers has appointed Insurance Council of Australia CEO Kerrie Kelly as its new Director-General…
Chartis to replace AIG Australia
28 July 2009
The name AIG Australia is set to disappear after parent AIU Holdings last night unveiled its new name of Chartis…
Suncorp names new CEO
01 July 2009
British insurance executive Patrick Snowball has been named the new MD and CEO of Suncorp, effective from September 1...
AIG Australia to rebrand as division of new global insurer
03 March 2009
Global insurer AIG is to be broken up into smaller business units, with the profitable Australian operation to become part of a holding company...
Suncorp CEO set to quit
05 February 2009
Suncorp CEO John Mulcahy this morning announced his intention to resign from the company...
Brits call off ANZIIF merger
19 December 2008
The merger between the Australian and New Zealand Institute of Insurance and Finance and Britain’s Chartered Insurance Institute has been called off, with the CII blaming...
Axis buys Dexta Corporation
09 December 2008
Stardex Insurance Group has sold its professional risks underwriting agency Dexta Corporation to Axis Specialty Europe...
US Government takes 80% stake in AIG
17 September 2008
The US Federal Reserve Board has announced it will lend as much as $US85 billion ($105.6 billion) to save the world’s largest insurer, American International Group, from collapse...
AIG crisis: local operations reassure intermediaries
17 September 2008
The local life and general insurance arms of crisis-ridden US insurer AIG have moved to reassure intermediaries they are in a healthy financial state even as their…
AIG crisis – rescue moves begin
16 September 2008
AIG, the world’s largest insurer, is this morning struggling to raise tens of billions of dollars to save itself from a catastrophic ratings downgrade...
Regulator sinks ICA’s flood definition
04 September 2008
The Insurance Council of Australia’s common definition of inland flood has been rejected by the competition regulator...