Corporate

Hollard has entered into a deal to acquire Commonwealth Bank’s general insurance operation, expanding its business by around 50%, giving it a stronger position in personal lines and adding distribution...

Axis Underwriting has announced the promotion of GM Ivan Verescuk to MD and CEO, taking over from Gary Dawson who is stepping down on July 1 after running the business for the last 22 years...

Johns Lyng  Group  has  again bumped up its earnings outlook for this financial year, citing the strong performance of its key Insurance Building & Restoration Services  division  and increased  post-catastrophe recovery works...

BP Marsh & Partners, a UK specialist private equity investor in which PSC Insurance Group holds a 20% stake, has reported improved earnings for the year to January 31...

PSC Insurance Group has appointed James Kalbassi as Executive Director and Joanne Dawson as an independent non-Executive Director...

Suncorp is considering repurposing office space in New Zealand occupied by individual workstations to create “hubs” for teams to come together and collaborate as the COVID pandemic forces organisations to think differently about work and where it is done...

Suncorp New Zealand has shared for the first time its work supporting customers who are experiencing vulnerability...

New Zealand insurer Tower  says its business faces an ultimate cost of  about $NZ 2.8-3 million  before  tax  from the floods that inundated the Canterbury region last month...

Ansvar's near-term operating results are vulnerable to revisions in COVID-related provisions and a challenging investment landscape, AM Best says...

Cyber specialist CFC is introducing new transaction liability cover in Australia and offshore aimed at “micro” business owners wanting to sell, a segment which it says has been “all but ignored” by insurers...

Zurich will sponsor the Melbourne Football Club, including women’s and men’s teams, for another two years and its logo will be featured on Demons’ guernseys...