Breaking News
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…
20 October 2010
Former Aon UK CEO Peter Harmer has been appointed CEO of CGU, replacing Duncan West…
27 August 2010
Victorian Premier John Brumby announced this morning that the state will abolish the insurance industry-based 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…
04 November 2009
The Association of British Insurers has appointed Insurance Council of Australia CEO Kerrie Kelly as its new Director-General…
28 July 2009
The name AIG Australia is set to disappear after parent AIU Holdings last night unveiled its new name of Chartis…
01 July 2009
British insurance executive Patrick Snowball has been named the new MD and CEO of Suncorp, effective from September 1...
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...
05 February 2009
Suncorp CEO John Mulcahy this morning announced his intention to resign from the company...
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...
09 December 2008
Stardex Insurance Group has sold its professional risks underwriting agency Dexta Corporation to Axis Specialty Europe...
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...
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…
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...
04 September 2008
The Insurance Council of Australia’s common definition of inland flood has been rejected by the competition regulator...
06 August 2008
CGU has revamped its senior executive team, with CEO Duncan West this morning announcing five new executives and the retrenchment of four others...
09 July 2008
IAG has announced major changes to its corporate structure, shedding four senior executives and under-performing assets...
21 May 2008
QBE has withdrawn its bid to merge with IAG following the formal rejection of its latest proposal...
21 May 2008
IAG last night formalised its rejection of QBE’s latest “inadequate and incomplete” takeover proposal...
06 May 2008
QBE this morning extended its proposal to take over IAG for a further two weeks, without change to the terms...