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Government backs mitigation in premium taskforce response

19 December 2017

The Federal Government says it will pursue reforms to place downward pressure on premiums through accountability and transparency, outlining the plans in a formal response to the Northern Australia Insurance Premiums Taskforce and this year’s Senate inquiry…

Chubb announces new Australia head

14 December 2017

Chubb Country President for Australia and New Zealand John French will move to a regional role next year, the insurer has announced…

IAG announces quota share deal

08 December 2017

IAG has entered into quota share agreements with three reinsurers to improve capital efficiency and reduce earnings volatility…

Steadfast to buy Whitbread Insurance Group

04 December 2017

Steadfast says it will buy Whitbread Insurance Group for $95 million and complete an equity raising to fund the deal and provide proceeds for future growth…

Insurers caught up in banking royal commission

30 November 2017

Prime Minister Malcolm Turnbull has announced a royal commission into the alleged misconduct of Australia’s banks and other financial services entities, including insurers…

JLT announces new CEO

02 November 2017

Jardine Lloyd Thompson Australia and New Zealand CEO Leo Demer will take up a new global advisory role within the group in January and be replaced by his deputy, Nick Harris…

QBE names interim Australia-NZ chief

27 October 2017

QBE Insurance has appointed Inder Singh, who is currently CFO of its Australian and New Zealand Operations, as the division’s interim CEO…

Hollard takes over Calibre

31 August 2017

Hollard has announced the acquisition of SME insurance specialist Calibre Commercial Insurance from Munich Re for an undisclosed amount…

Tower decision leads to court challenge

23 August 2017

Suncorp subsidiary Vero New Zealand has lodged an appeal with the NZ High Court over the Commerce Commission’s decision to block its acquisition of No 3 insurer Tower…

Senators unveil insurance wishlist

11 August 2017

The Senate inquiry into general insurance has published its long-awaited report, giving strong backing for greater disaster mitigation spending…