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Breaking News

Ben Bessell to leave IAG

21 January 2020

Group Executive Ben Bessell will leave IAG at the end of March, the insurer announced today...

Zurich ends agreement with Blue Zebra

13 January 2020

Blue Zebra is exploring opportunities with South African owned insurer Youi, after Zurich announced it will cease providing security for the underwriting agency...

Bushfire losses set to pass $1 billion

10 January 2020

Insured losses from the ongoing bushfire catastrophe which has devastated areas of NSW, Victoria, Queensland and SA have reached $939 million, and are still rising...

Townsend leaves AIG

07 January 2020

AIG’s International General Insurance CEO Chris Townsend has left the company to pursue other opportunities...

AUB drops Coverforce takeover plan

09 December 2019

AUB has abandoned its plan to acquire Coverforce Holdings after failing to gain access to key documents required to finalise the deal...

AIG names new Australia CEO

08 November 2019

AIG has appointed Fairfax Financial executive Nigel Fitzgerald as CEO Australia, taking over from Noel Condon who will leave the business...

Former Dual claims manager gets 9.5 years' jail

18 October 2019

Former Dual Australia claims manager Josie Gonzalez has been sentenced to 9.5 years in jail and her husband Alvaro to 7.5 years for defrauding the underwriting agency of $17.4 million...

PSC buys Griffiths Goodall brokerage

09 July 2019

PSC Insurance Group will buy the broking business of Shepparton-based Griffiths Goodall, which was the target of an Australian Securities and Investments Commission raid earlier this year...

Allianz to exit Australia and NZ long-tail risks

03 July 2019

Allianz Global Corporate & Specialty will cease underwriting long-tail financial risks in Australia and New Zealand from September following a strategic review of the business...