Ex-Gallagher chief takes reins at BMS
14 May 2018
Andrew Godden has been appointed CEO of specialist insurance broker BMS Group’s Australian arm…
Corporate
Hannover Re, HDI to launch speciality JV next year
14 May 2018
HDI Global and Hannover Re have established a specialty joint venture that will begin operating at the start of next year in countries including Australia…
Ensurance steps up UK expansion, eyes sale of local business
14 May 2018
Ensurance will direct more resources to growing its UK operations and part with its local retail brokerage business, as part of a new strategy…
Genworth maintains forecast as housing market eases
14 May 2018
Lenders’ mortgage insurer Genworth has maintained its earnings outlook amid signs of a softening housing market, as it pursues a strategy to widen its risk management offering…
Westpac reports GI earnings increase
14 May 2018
Westpac’s general insurance business has reported $133 million in cash earnings for the half-year to March, up from $117 million in the corresponding period of 2016…
Cargill farm insurer offers frost, crop failure cover
14 May 2018
AWB, a subsidiary of Cargill Australia, has introduced cover for frost and crop establishment failure, in response to growing demand from broadacre farmers…
NZ insurer hit with credit rating downgrade
14 May 2018
AM Best has lowered its credit rating for New Zealand niche insurer Consumer Insurance Services…
Nautilus app aims to assist boat owners
14 May 2018
Nautilus Marine Insurance has launched an app to help boat owners locate and compare quotes for repairers, marina berths, fuel suppliers and other information they may need…
Hooton leaves as Hollard absorbs Calibre
07 May 2018
Calibre Insurance CEO Mike Hooton has left the company at the completion of a contract with Hollard Insurance…
QBE reports premium gains as it ‘tracks to plan’
07 May 2018
QBE says premiums gained about 4% in the first quarter, excluding compulsory third party, while investment conditions have been challenging…
Suncorp chief’s adviser to depart
07 May 2018
Suncorp’s Mark Reinke, appointed last year as an adviser to CEO Michael Cameron, will leave the company next month…
Genworth starts ‘transitionary year’ with profit slump
07 May 2018
Genworth Mortgage Insurance Australia has reported an 83.9% decline in first-quarter net profit and announced plans for a share buyback of up to $100 million…
PSC widens leadership role
07 May 2018
PSC Insurance Group has appointed COO Rohan Stewart as CEO with immediate effect…
QBE insurtech fund backs AI group
07 May 2018
QBE has invested in HyperScience, a machine learning company developing artificial intelligence to automate office work…
Aon country chief takes up global role
07 May 2018
Aon Risk Solutions Australia CEO Lambros Lambrou will become Chief Commercial Officer and CEO of Global Specialties for commercial business…
Gallagher hails organic growth
07 May 2018
Gallagher says its Australian and New Zealand brokerage business recorded property and casualty organic growth of 6% in the first quarter…
Morgan Stanley backs IAG to outperform
07 May 2018
IAG has been tipped to benefit from tailwinds including below-budget natural peril expenses and potential for reserve releases to exceed guidance…
Ensurance breaches ASX disclosure rules
07 May 2018
Ensurance admits it made an “error” by failing to disclose details of two loan agreements, as required by the Australian Securities Exchange…
AUB appoints director
07 May 2018
AUB Group has appointed Cath Rogers as non-executive director…
Lloyd’s picks Australia for digital portal trial
30 April 2018
Lloyd’s will test its digital coverholder matching portal in Australia, New Zealand and the UK in July…