High Court rejects BI test case appeal application
25 June 2021
The High Court has today denied the Insurance Council of Australia’s application to appeal a judgment in the first test case on business interruption claim denials…
25 June 2021
The High Court has today denied the Insurance Council of Australia’s application to appeal a judgment in the first test case on business interruption claim denials…
21 June 2021
Commonwealth Bank has agreed to sell its Australian general insurance business to Hollard in a deal involving an upfront payment of $625 million...
27 May 2021
The UK’s Ardonagh Group has acquired Sydney-based underwriting agency Epsilon as part of a broader, globally significant deal announced today...
04 May 2021
A cyclone reinsurance pool for northern Australia, backed by a $10 billion government guarantee, will be announced by Prime Minister Scott Morrison today...
19 April 2021
Steadfast has acquired a majority 60% stake in unisonSteadfast, a global network of independent insurance brokers based in Hamburg and Chicago...
10 March 2021
IAG has appointed top executives for its Australian intermediated and direct businesses after last year announcing it was splitting the local division and introducing a new structure...
03 March 2021
QBE has appointed Andrew Horton as its new permanent Group CEO, replacing interim chief Richard Pryce in September...
24 February 2021
Federal Court of Australia proceedings have commenced to test the application of “further issues” in relation to pandemic coverage in business interruption policies...
16 February 2021
Authorised representative network Resilium has secured a strategic investment from Ardonagh Group, giving the UK’s largest independent insurance broker a majority stake in the business...
02 February 2021
QBE Group has appointed Westpac insurance head Sue Houghton as its Australia and Pacific CEO, effective from August...
14 January 2021
International group Howden will expand in Australia through a strategic broking partnership with Steadfast...
13 January 2021
NSW state insurer icare has appointed former Tower CEO Richard Harding as its new head, effective from Monday...
30 December 2020
The Australian Competition and Consumer Commission has concluded its three-year inquiry into insurance affordability in northern Australia by calling for broker commissions to be replaced by a fee-based system...
02 December 2020
Allianz has acquired the Westpac general insurance business in a $725 million deal that includes a 20-year agreement for distribution of products to the bank’s customers...
01 December 2020
AUB Group has purchased 360 Underwriting Solutions and announced a restructure of the company’s agencies operations into three subdivisions...
19 November 2020
QBE says industry preparations are underway for a second test case over business interruption cover for COVID-19 claims after the NSW Court of Appeal yesterday ruled against insurers on wordings citing the repealed Quarantine Act…
18 November 2020
The NSW Court of Appeal has ruled against insurers in the business interruption test case heard last month...
02 November 2020
IAG will split its Australian business into direct and intermediated divisions in a shake-up that will see the departure of senior executive Mark Milliner, while the insurer has also confirmed the appointment of Michelle McPherson as CFO...
14 October 2020
Steadfast has purchased Gold Seal Practice Management and Gold Seal Intellectual Property, boosting its capabilities in compliance, training, customer experience and human resources management...
21 September 2020
IAG has named Nick Hawkins as CEO following a recruitment process started after Peter Harmer said in April that he would retire by the end of the year...