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Insurance Advisernet hails ‘fantastic’ first half

19 February 2018

Insurance Advisernet Australia says gross written premium from its local and New Zealand business passed $500 million in the half-year to December 31, up more than 12% on the corresponding period of 2016…

XL Catlin rolls out new A&H offering

19 February 2018

XL Catlin has introduced its Protect and Assist product to Australia, designed to help businesses cover staff amid emerging risks and heightened security threats…

CFO leaves Genworth

19 February 2018

Luke Oxenham has resigned as CFO of Genworth Mortgage Insurance…

CBL ratings downgraded over loss forecast

12 February 2018

Trading in the shares of Auckland-based insurer CBL Corporation remain suspended on the New Zealand and Australian securities exchanges as the company considers a capital-raising of more than $NZ100 million…

QBE shakes up intermediary team

12 February 2018

QBE has appointed two new GMs to its intermediary distribution leadership team, as it looks to simplify operations…

Gallagher buys NSW agency

12 February 2018

Gallagher has acquired Russford Insurance Agency in Newcastle as it continues to grow its regional presence…

Higher claims hit CBA insurance income

12 February 2018

Commonwealth Bank has recorded a 24.1% fall in general insurance income to $82 million for the six months to December 31, as earnings took a hit from higher claims…

Youi culls NZ workforce

12 February 2018

Youi says it is in the New Zealand insurance market for the long-haul, despite cutting the size of its workforce…

S&P downgrades QBE outlook

05 February 2018

The QBE Group’s outlook has been downgraded from “positive” to “stable” by S&P Global Ratings…

Adjustments will drag CBL into red

05 February 2018

CBL Corporation expects to report an after-tax consolidated loss of $NZ75-85 million when its results for last year are released on February 27…

Midland embarks on interstate expansion drive

05 February 2018

Melbourne-based Midland Insurance Brokers has acquired two NSW brokerages, established a joint venture in WA and bought a broker’s portfolio that will increase its overall base premium to more than $47 million…

Rothbury branches out with Nelson office

05 February 2018

Rothbury Insurance Brokers is continuing its expansion in New Zealand, opening an office in Nelson with experienced broker Phil Thompson at the helm…

Ensurance exec steps down

05 February 2018

Ensurance Executive Director Stefan Hicks resigned last month and has become a non-executive director, the listed broker and technology group says…