QBE broker head seconded to Asia
26 March 2018
QBE Australia GM Broker Distribution Jason Hammond has accepted a temporary role with the company’s Asia-Pacific operations in Hong Kong…
Corporate
IAG prices $350 million debt issue
26 March 2018
IAG has priced its $350 million subordinated debt issue, paying investors interest quarterly at a floating rate equal to the three-month bank bill swap rate plus a margin of 2.1% a year…
Latevo re-enters crop market
26 March 2018
Latevo has re-entered the Australian crop insurance market with a more “cost-effective” product…
Underwriter, broker team up on trademark cover
26 March 2018
Specialist insurance provider CFC and broker BMS have developed a new set of trademark insurance products for business owners…
QBE revamps Australia and NZ division roles
19 March 2018
QBE’s Australian and New Zealand Operations division will bring its technology and transformation teams together within what’s to be called a “chief operations office” and will also create a new strategy team…
Cover-more expands in Latin America
19 March 2018
Zurich-owned travel insurer Cover-More has expanded in Latin America with the acquisition of businesses operating under the Travel Ace and Universal Assistance brands…
Rate rises driving profit in Australia: Swiss Re
19 March 2018
Australian non-life insurers’ profitability improved last year despite higher losses from Cyclone Debbie and other natural catastrophes, according to Swiss Re…
Ansvar returns to profit as new business rises
19 March 2018
Church and heritage insurer Ansvar has reported a $1.2 million underwriting profit for last year following a rise in new business and reserve releases…
CHU creates customer role
19 March 2018
Strata and community title insurer CHU has appointed Anne-Maree Paull to the newly created role of Chief Customer Officer…
360 Underwriting appoints CFO
19 March 2018
Recently established 360 Underwriting Solutions has appointed Catherine Whitaker as CFO…
Aon rings changes at One Underwriting
19 March 2018
Aon has appointed Adam Cox as director of One Underwriting, to lead the company’s growing managing general agency business…
iSelect names new CFO
19 March 2018
Comparator iSelect has appointed Nadine Lennie as CFO, effective from July…
Forensic investigator wins lab certification
19 March 2018
Fire forensic analysis company GKA Investigations Group, which works with insurers, has received globally recognised testing authority certification for a new specialist laboratory…
IAG celebrates its roots in new ad campaign
19 March 2018
NRMA Insurance introduced a marketing campaign around the theme “help is who we are” on Friday…
QBE no longer AUB substantial shareholder
12 March 2018
QBE has sold a stake in brokerage company AUB Group for $41.14 million, according to a notice on the Australian Securities Exchange…
QBE falls out of S&P index
12 March 2018
QBE has been removed from the S&P/ASX 20 Index following a quarterly review
Suncorp sells Tower stake
12 March 2018
Suncorp-owned Vero Insurance New Zealand has sold its 19.99% stake in Tower to global credit specialist Bain Capital Credit for $NZ53.9 million…
Maersk ship fire may have affected Australia cargo
12 March 2018
A Maersk container vessel may have been carrying cargo from Australia when a fire broke out in its holding area, National Transport Insurance says…
CBL fallout hits Danish motor insurer
12 March 2018
CBL’s financial troubles have pushed Danish motor insurer Alpha Insurance into solvent liquidation…
CBA to refund customers mis-sold consumer credit insurance
12 March 2018
Commonwealth Bank will stop selling two consumer credit insurance products that were provided to customers who may have been ineligible to claim, and has set aside $16 million for refunds…