Corporate
NZ court hits IAG with ‘significant’ penalty for pricing breaches
06 October 2025
IAG New Zealand has been penalised $NZ19.5 million ($17.2 million) for pricing failures that affected about 269,000 customers...
MB picks up former Steadfast agencies manager
06 October 2025
Chris Quick has been appointed head of strategy and business development at underwriting agency MB Insurance, which is expanding in the prestige motor market...
Lloyd’s faces leadership shake-up as Mackinnon leaves
06 October 2025
Lloyd’s will lose a “core member” of its commercial leadership team next April when Chris Mackinnon departs...
Marsh names corporate and commercial region head
06 October 2025
Marsh has filled its Pacific head of corporate and commercial position after Johannes D Veldsman moved to join rival brokerage Gallagher...
RACQ says sorry over ‘false’ comparison prices
29 September 2025
RACQ Insurance has apologised for a renewal notice transparency failure that has led the corporate regulator to launch Federal Court action alleging false or misleading representations...
New Suncorp chair to ‘build on strong foundations’
29 September 2025
Suncorp director Duncan West has taken over as chair, replacing Christine McLoughlin, who left following Friday’s annual general meeting...
RAC insists IAG deal is best option, as profit rises
29 September 2025
WA motoring club RAC Group says the sale of its insurance arm to IAG offers the “best path forward” for the business after the competition watchdog raised concerns over the $1.35 billion deal...
Regulator’s court action over Eric ends
29 September 2025
The Federal Court has agreed that a regulatory move to wind up Eric Insurance should be discontinued after creditors approved an alternative pathway...
Tower hails ‘stable excesses and lower pricing' on reinsurance
29 September 2025
New Zealand insurer Tower says it has secured lower prices and favourable terms for its 2025-26 reinsurance program...
Tributes paid after broking leader dies
22 September 2025
WTW says it is “deeply saddened” by the death of its Asia-Pacific CFO Greg Vlahos...
Youi targets direct gains after Blue Zebra exit
22 September 2025
Youi is focused on expanding its direct personal lines business after exiting the broking space, South African parent company Outsurance Holdings says...
Eric creditors back ‘superior’ alternative to liquidation
22 September 2025
Eric Insurance’s creditors have voted for a deed of company arrangement as an alternative to it entering liquidation...
Honey eyes next growth phase under new CEO
22 September 2025
Home and motor insurtech Honey’s new CEO David Krawitz says he will lead the “next stage of growth and development”...
AUB names interim finance chief as executive search begins
22 September 2025
Nick Dryden has stepped in as interim CFO at AUB Group after Mark Shanahan left the role...
Tower raises earnings outlook
15 September 2025
New Zealand insurer Tower has provided a full-year earnings update ahead of its results announcement in November...
Ag Guard brings in NZ head
15 September 2025
Glynn Howell has been appointed New Zealand country head at agricultural underwriting agency Ag Guard...
Youi puts former IAG exec on board
15 September 2025
Andy Cornish, formerly IAG’s personal insurance COO and CEO, has joined Youi’s board...
Climate Spotlight falls on Asia-Pacific
15 September 2025
Zurich Resilience Solutions has launched an interactive climate tool for the Asia-Pacific region...
IAG director steps down
15 September 2025
IAG says independent non-executive director David Armstrong has left the board for medical reasons...
Eric liabilities up to $9.4 million, report shows
08 September 2025
Eric Insurance’s total liabilities are estimated at $7.4-$9.4 million, including sums owed to employees, policyholders and others, administrators say...