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...
Corporate
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...
Australia chips in as Canopius profit jumps
18 March 2024
Canopius Group’s full-year profit after tax surged to $US363 million from $US129 million previously, with Australia making a strong contribution as part of the Asia-Pacific region...
Allianz recruits champion swimmer as Olympic ambassador
18 March 2024
Allianz Australia has added Australian gold medallist and champion swimmer Mollie O’Callaghan as its newest Olympic ambassador...
‘Inadequate controls’: regulator acts on Tower policy discounts
11 March 2024
New Zealand’s Financial Markets Authority has filed civil proceedings against insurer Tower over a failure to correctly apply multipolicy discounts...
NRMA Insurance revamps customer experience through partnership
11 March 2024
IAG-subsidiary NRMA Insurance has announced a partnership with digital creative firm Accenture Song, focused on improving its “end-to-end” branding and customer experience...
AMA Group rules out asset sale
11 March 2024
Loss-making smash repairer AMA Group insists its Capital Smart business is not for sale after the Australian Financial Review suggested a deal may be finalised by June 30...
New Zealand’s Rothbury acquires Austinsure
11 March 2024
New Zealand broking group Rothbury has agreed to acquire all the shares in Austinsure from Steadfast Group NZ Holdings, effective at the end of this week...
Aon teams up with accounting service
11 March 2024
Aon has partnered with accounting and payroll service firm Reckon to extend its range of insurance options to its customers...
Steadfast flags continued hard market as earnings grow
04 March 2024
Steadfast says strong pricing has continued to drive revenue in its broking and underwriting businesses and it expects “market discipline” to continue...
Allianz’s Australian P&C earnings slump
04 March 2024
Allianz says Australian property and casualty operating profit slumped last year following natural catastrophe impacts...
Parramatta broker joins Insurance House
04 March 2024
Insurance House has acquired commercial broker Professional Insurance Brokers and its authorised representative, Unicorn Risk Services...
Nib ‘riding the wave’ in travel market
04 March 2024
Nib Travel says the market remains robust after its gross written premium fell 18% to $85.4 million in the six months to December 31...
Helia GWP drops as homebuyers struggle
04 March 2024
Australia’s largest provider of lenders’ mortgage insurance, Helia Group, says gross written premium fell 42% to $185.2 million last year...
Suncorp insurance earnings rise 51% on price gains
26 February 2024
Suncorp recorded a 51.8% rise in first-half general insurance profit after tax to $510 million, as higher premium growth lifted its key Consumer Insurance and Commercial and Personal Injury divisions in Australia...
QBE forced to act over class action message to brokers
26 February 2024
QBE has been ordered to send a corrective notice to brokers about a proposed class action, amid concerns it suggested intermediaries did not have to follow a court request to advise clients about registration...
Lloyd’s reveals Australian succession plan
26 February 2024
Lloyd’s has announced two internal appointments as it shakes up its Australian leadership team following the promotion of country head Chris Mackinnon...
AMA stems losses as smash repair revenues rise
26 February 2024
Smash repairer AMA Group’s losses narrowed to $9.2 million in the first half, amid a period of upheaval that included board and executive changes and new pricing arrangements...
IAG sees ‘pretty tough’ property outlook as affordability bites
19 February 2024
IAG is “super focused” on insurance affordability after its first-half results revealed the toll of rising premiums on customers...