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Corporate

QBE to take over Realcover business

1 June 2020

QBE Insurance has entered into a scheme of arrangement with Realcover to take over the company’s insurance contracts and insurance liabilities...

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Tower lifts first-half profit, sees lower growth ahead

1 June 2020

New Zealand’s third-largest general insurer Tower lifted its net profit to $NZ14.86 million in the six months to March but says it expects to operate in a "low growth environment" for the next 12 to 18 months...

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PSC expects Paragon to maintain growth

1 June 2020

PSC Insurance Group says London-based Paragon International, the Lloyd’s broker it acquired last year for a base consideration of £42 million, has achieved revenue growth of 27% so far...

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ProRisk launches new trading platform for brokers

1 June 2020

Underwriting agency ProRisk launched its new proprietary quote-and-bind trading platform for brokers today...

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Aon unveils 'greatly improved' real estate PI product

1 June 2020

Aon has announced a "greatly improved" professional indemnity insurance solution for the real estate sector, after negotiating a new arrangement with insurance partner CGU...

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Swiss watch as new Zurich Tower in Sydney tops off

1 June 2020

A ceremony in North Sydney to celebrate construction of the new "Zurich Tower" was live streamed to the insurer’s head office in Switzerland last week...

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Agile eyes booming gig economy

1 June 2020

A pay-as-you-go insurance product designed for the booming food delivery gig economy will be launched this month, security provider Agile Underwriting Services has announced...

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