IAG weighs Malaysia, India operations after Asian asset sales
25 June 2018
IAG is still reviewing its holdings in Malaysia and India after agreeing to sell operations in Thailand, Indonesia and Vietnam in two separate deals…
Corporate
CBA considers sale of general insurance business
25 June 2018
Commonwealth Bank says it will undertake a strategic review of CommInsure General Insurance and that the process may lead to a potential sale of the business…
CBL creditors’ meeting put back
25 June 2018
CBL Corporation’s voluntary administrators have secured court approval to postpone a follow-up creditors’ meeting that was to have been held by next month…
Zurich partners with insurtech on telematics offering
25 June 2018
Zurich has teamed with underwriting agency Mercurien Insurance on a motor fleet product that uses telematics to track performance and collect data for business tax records…
Lloyd’s to unveil matching portal
25 June 2018
Lloyd’s will hold a launch event next month for its digital coverholder matching portal…
Honan gets into bed with Youcamp
25 June 2018
Honan Insurance Group has teamed up with Youcamp to arrange an insurance program for the growing sharing economy player…
IAG invests in renewable power
25 June 2018
IAG is investing in large-scale renewable energy projects through banking giant NAB’s low-carbon shared portfolio…
Allianz rates high for paternal leave offer
25 June 2018
Allianz has been named among the top 20 workplaces for paternal leave entitlements…
ING, Axa form digital partnership
18 June 2018
Axa and Dutch bank ING will offer property and casualty cover and other insurance-related digital products as part of a bancassurance partnership announced last week…
PSC acquires stake in UK investment group
18 June 2018
PSC Insurance Group has paid £18.5 million for a 19.6-19.9% stake in London-listed private equity investor BP Marsh & Partners…
Gallagher expands benefits business with key acquisition
18 June 2018
Gallagher has acquired employee benefit and retirement consultant Finergy Solutions and its technology-based sister business Avantek…
AM Best confirms QBE credit rating
18 June 2018
QBE Insurance Group’s credit ratings have been confirmed at bbb+ by AM Best…
Tower shifts to EIS digital platform
18 June 2018
New Zealand’s third-largest insurer, Tower, has chosen digital insurance platform provider EIS Group to facilitate its online offering…
NTI adds tracking app to breakdown service
18 June 2018
National Transport Insurance has introduced a tracking app for its Truck Assist service, enabling drivers to monitor their technician’s location en route to a breakdown…
IAG NZ wins tick of approval for inclusion
18 June 2018
IAG New Zealand is the country’s first general insurer to be certified with a “Rainbow Tick”, denoting its support for diversity and inclusion…
TravelCard opens Moscow base for World Cup fans
18 June 2018
New travel insurer TravelCard has opened a front office in Moscow to serve as an immediate contact point for customers during the Word Cup…
Court sets CBL liquidation hearing date
12 June 2018
The Reserve Bank of New Zealand will next month make its case in court for CBL Insurance to be liquidated…
Chinese takeover of Genworth parent clears security hurdle
12 June 2018
China Oceanwide Holdings’ purchase of US-based Genworth Financial, the parent of Genworth Mortgage Insurance Australia, has passed a key security review…
TravelCard aims to bring key market back to brokers
12 June 2018
A new Australian travel insurer says it wants to bring brokers a bigger share of the market…
NZ insurtech Cove becomes Lloyd’s coverholder
12 June 2018
New Zealand insurance start-up Cove has become an approved coverholder at Lloyd’s, clearing the way to offer products in the second half of the year…