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Corporate

Further changes expected at Suncorp following internal merger

3 August 2020

Suncorp’s Commercial and Intermediary Distribution teams are being merged leading to another key departure – and more changes are expected as a new operating model is embedded...

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Axa XL names new chiefs for distribution, underwriting

3 August 2020

Axa XL has named Etienne Champion as Chief Underwriting Officer for Asia and Europe, and Bruno Laval as Chief Distribution Officer Asia and Europe as part of changes to its insurance operating model...

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Swiss Re swaps roles for local and regional leaders

3 August 2020

Swiss Re Head of Property and Casualty Underwriting APAC Sharon Ooi will start next month as Head of Australia and New Zealand Operations...

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Claim reserves eat into Genworth’s Q2 results

3 August 2020

Genworth Mortgage Insurance’s loss ratio blew out to 87% in the second quarter as it earmarked $35.5 million for expected future COVID-19-related claims...

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HDI steps up M&A presence with new underwriting partner

3 August 2020

HDI Global Specialty announced today it has reached agreement with specialty insurance platform Fusion to offer additional capacity in the mergers and acquisitions space in Australia...

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Shareholder drops plan to take over iSelect

3 August 2020

iSelect says major shareholder Innovation Holdings Australia has dropped plans to launch a takeover of the company amid impacts from the COVID-19 pandemic...

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Ensurance says UK business growing despite lockdown

3 August 2020

Underwriting agency Ensurance says its main UK and international operations performed strongly in the June quarter, suffering just a brief dip in business during the recently ended virus lockdown...

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Cyber attack had ‘minimal impact’ on Xchanging clients

3 August 2020

The recent ransomware attack on Xchanging had “minimal impact” on its customers, parent company DXC Technology said in an update...

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