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ICA condemns Fels ‘loyalty tax’ claims

21 December 2018

The Insurance Council of Australia has hit back hard at “reckless comments” by NSW Emergency Services Levy Insurance Monitor Allan Fels that renewing policyholders are charged a “loyalty tax” in the form of higher premiums...

Northern Australia inquiry: ACCC calls for commission ban

18 December 2018

The Australian Competition and Consumer Commission's Northern Australia Insurance Inquiry has recommended banning broker commissions, abolishing stamp duties on policies and looking again at a comparison website as part of measures to tackle affordability issues...

Key royal commission document released early

26 September 2018

The Hayne royal commission will consider whether the current regulatory regime for insurance is “adequate to minimise consumer detriment”, documents released today reveal…

Marsh & McLennan to buy rival JLT

18 September 2018

Marsh & McLennan Companies says it will buy UK-based rival broker Jardine Lloyd Thompson Group for a cash consideration equivalent to $US5.6 billion…

John Neal to lead Lloyd's

08 September 2018

Former QBE boss John Neal has been appointed Lloyd’s CEO, and will start on October 15...

Frank Costigan heads to QBE

06 September 2018

Youi CEO Frank Costigan will join QBE in November as EGM Consumer & Retail Partnerships…

Cover–More confirms CEO exit

06 September 2018

Mike Emmett is stepping down from his position as CEO of Zurich-owned travel insurer Cover-More and will leave the company by the end of the year…

Searles announces AUB exit

27 August 2018

AUB Group CEO and MD Mark Searles will leave the broking and risk solutions network next year to pursue a “non-executive career”…

Suncorp to sell life business for $725 million

09 August 2018

Suncorp will sell its Australian life insurance business to TAL Dai-ichi Life for about $725 million after announcing early last year that it was reviewing the future of the business…

Zurich announces new CEO

06 July 2018

Zurich has appointed Tim Plant as CEO General Insurance Australia and New Zealand, effective from August 7…