Corporate
Tower lifts earnings guidance
22 April 2024
New Zealand insurer Tower expects underlying net profit to be more than $NZ35 million ($32.11 million) this year...
London cyber expert widens reach across Australia
22 April 2024
British insurer CFC has expanded in the "fast-growing, dynamic" Australian market with the acquisition of Melbourne-based agency Solution Underwriting...
Munich Re gets ‘closer to markets’ with regional division changes
22 April 2024
Munich Re says it is sharpening the focus of its business divisions in the Asia-Pacific region and strengthening the mandate of local property and casualty underwriting teams...
Rothbury appoints new EGM Agencies
22 April 2024
New Zealand’s Rothbury Insurance Brokers has promoted David Walton to the newly created role of EGM Agencies and Chief Counsel...
Sure bumps up strata limits in crisis-hit market
15 April 2024
Sure Insurance is raising its sum insured limit for residential strata to $20 million from $5 million in northern and regional Queensland...
Eric receives interest from buyers as run-off continues
15 April 2024
Motor add-on specialist Eric Insurance says run-off of its portfolio is on track and it has received unsolicited expressions of interest to buy the business...
RAA, RAC win customer satisfaction awards
15 April 2024
Motor mutual clubs RAA and RAC have taken top insurance honours in an annual Roy Morgan customer satisfaction survey...
Wotton + Kearney moves into Singapore
15 April 2024
Insurance law firm Wotton + Kearney will open an office in Singapore in June, marking the Australian group’s first operation in mainland Asia...
IAG issues apology, back-pays staff after breaches
08 April 2024
IAG has back-paid staff more than $37 million following past underpayments and has published an apology on its website as part of an enforceable undertaking with the Fair Work Ombudsman...
Canopius appoints Asia-Pacific CEO
08 April 2024
Canopius Group has recruited AIG executive Soon Keen Lee as CEO of Asia-Pacific and the Middle East and North Africa...
Clayton Utz veteran joins IAG as legal head
08 April 2024
Former Clayton Utz chief executive partner and board member Robert Cutler has joined IAG as its Group General Counsel...
HDI Global hails Australian growth
08 April 2024
Industrial insurer HDI Global says its Australian business grew profitably in a competitive market last year and the outlook is positive...
IAG confirms New Zealand risk chief role
08 April 2024
IAG New Zealand has appointed Rachael O’Brien as Chief Risk Officer, effective from July...
Newline expands with Sydney office, appoints PI Head
25 March 2024
Specialty insurer Newline Group is expanding its Australian operations with the opening of a Sydney office and the appointment of Nicholas Beswick as Head of Professional Indemnity...
Ferrari launches insurance at Australian Grand Prix
25 March 2024
Ferrari Australasia on Thursday launched a new insurance offer at an event with clients, coinciding with the opening of the Formula 1 Australian Grand Prix 2024 in Melbourne...
AM Best issues final assessment of Hollard
25 March 2024
AM Best has withdrawn its credit ratings of The Hollard Insurance Company after the insurer requested to no longer participate in the interactive assessment process...
QBE Foundation provides investment for Indigenous grant
25 March 2024
The QBE Foundation has announced a $500,000 seed capital grant to First Australians Capital to help support Indigenous-owned businesses...
Johns Lyng names new company secretary
25 March 2024
Johns Lyng Group has appointed Lisa Dadswell as Company Secretary, replacing Shannon Coates who resigned this month...
Agile syndicate confirmed for April launch
18 March 2024
The launch of Agile’s new Lloyd’s syndicate has been confirmed by managing agent Asta, subject to regulatory approvals...
‘Hot property’: PSC in discussions with potential buyers
18 March 2024
Australia’s large broking companies are “hot property”, but the extraordinary success they have achieved over the past few years could restrict the number of potential acquirers, analysts say...