CBL enters interim liquidation
26 February 2018
Troubled New Zealand-based global insurer CBL has been placed into interim liquidation by the High Court of New Zealand…
Breaking News
Ex-QBE chiefs launch agency
13 February 2018
Former QBE senior executives Colin Fagen and Blair Nicholls have teamed up to launch a new underwriting agency they say will bring brokers back into the personal lines market…
Aon names a new CEO for Australia
12 February 2018
Aon Risk Solutions Australia announced this afternoon that its next CEO will be James Baum, who is currently its Commercial MD and Aon Broking Pacific Chairman…
QBE revamps intermediary team
07 February 2018
QBE has appointed two GMs to its intermediary distribution leadership team, and created two new portfolios…
QBE expects $US1.2 billion loss for 2017
23 January 2018
QBE expects an after-tax loss of $US1.2 billion ($1.5 billion) for 2017 after writedowns on its North American business and the impact of fourth-quarter catastrophes, and new CEO Pat Regan has flagged an overhaul…
ASIC crackdown costs insurers more than $120 million
17 January 2018
Two more insurers have been ordered by ASIC to repay customers money for deficient add-on cover sold through car dealers, bringing the total so far to more than $120 million…
QBE recruits icare chief
10 January 2018
QBE has recruited Insurance & Care NSW (icare) MD and CEO Vivek Bhatia as its CEO Australian and New Zealand Operations…
Industry mourns insurance figures
08 January 2018
Members of the insurance community are mourning the deaths of three well-known professionals…
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…
Allianz makes key broker management appointments
23 November 2017
Allianz has appointed Michelle Hay as GM Consumer, SME and Platform Solutions, while Alison Brough will move into the role of National Manager Strategy and Key Partnerships…
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…
Suncorp announces leadership shake-up
12 October 2017
Suncorp has “streamlined” its leadership team, which includes the departure of CEO Insurance Anthony Day…
Allianz revamps broker management team
11 October 2017
Allianz has announced significant changes to its broker and agency management team with the creation of three new roles…
QBE warns hurricanes, earthquakes will hit earnings
03 October 2017
QBE today warned that hurricanes and earthquakes which have devastated parts of the US, the Caribbean and Mexico since late August will affect the company’s earnings this year…
QBE’s John Neal to step down
12 September 2017
QBE CEO John Neal will step down at the end of December after five years in the top role…