S&P confirms Allianz Australia rating
13 November 2017
S&P Global Ratings has affirmed its AA- financial strength and issuer credit ratings for Allianz Australia, with a stable outlook…
Corporate
Beazley retreat from Australia hits GWP
13 November 2017
Beazley says the sale earlier this year of its accident and health portfolio in Australia led to a $US10 million gross written premium hit…
Westpac reports fall in insurance earnings
13 November 2017
Westpac’s insurance business reported $293 million in overall cash earnings for the year to September 30, down from $309 million the previous year…
Ex-minister joins Suncorp board
13 November 2017
Former finance minister Lindsay Tanner will join the Suncorp board as a non-executive director from January, filling one of two vacancies…
Allstate Underwriting picks new MD
13 November 2017
Farm insurance specialist Allstate Underwriting says Chris Madell will take over as MD from Grant Brokenshire, who is leaving at the end of the month to pursue other interests…
Vero NZ introduces ‘data-driven’ claims tool
13 November 2017
Vero Insurance New Zealand has partnered with property data and analytics company CoreLogic to automate claims processes, offering quicker home repairs and transparency…
Hello Claims partners with Splend
13 November 2017
Claim Central subsidiary Hello Claims has announced a two-year partnership with Splend, which provides rental vehicles for Uber drivers…
Ensurance directors step down
13 November 2017
Grant Priest and Neil Pinner have resigned as a non-executive directors of broker and insurance technology group Ensurance, effective immediately…
iSelect enters trial with QBE – but the phone rules
06 November 2017
iSelect has secured a six-month trial selling QBE Insurance’s home and contents products as part of a broader push into general insurance…
JLT chief proud of legacy
06 November 2017
Outgoing JLT Australia and New Zealand CEO Leo Demer says he’s proud of his role in transforming the company’s culture…
Warranty Group buys IAG business
06 November 2017
The Warranty Group is to acquire IAG’s retail warranty business – formerly Lumley Retail Warranty – making it one of the biggest retail warranty insurers in Australia…
Suncorp makes crash claims elementary with Watson
06 November 2017
Suncorp has integrated IBM’s Watson artificial intelligence technology into its online motor claims process following testing earlier this year, allowing it to fast-track handling of simple incidents…
360 Underwriting Solutions adds accident and health
06 November 2017
Specialist agency 360 Underwriting Solutions has added accident and health to its suite of products…
PSC placement raises $55 million
06 November 2017
PSC Insurance Group has raised $55 million through a share placement to fund growth plans, including potential acquisitions…
Epsilon expands into accident and health
06 November 2017
Epsilon Underwriting Agencies has moved into the accident and health sector, with further expansion expected…
Genworth profit slumps 31%
06 November 2017
Genworth Mortgage Insurance’s third-quarter net profit has fallen 31.3% to $32.1 million, reflecting drops in new business written and gross written premium…
CBL finance chief to step down
06 November 2017
Specialist insurer CBL is seeking a new CFO following the resignation of Carden Mulholland…
QBE weighs up gender equality bond issuance
06 November 2017
QBE is considering its first issue of a gender equality bond, after last month releasing a framework for the investments…
Allianz teams with icare in rehab pilot
06 November 2017
A trial using web-based technology and personal wellness consultants to help injured people return to work more quickly will be piloted in NSW this month…
Steadfast on target as market hardens
30 October 2017
Premiums continued to harden in the first quarter, positioning Steadfast to achieve its earnings guidance for the current financial year, Chairman Frank O’Halloran and CEO Robert Kelly told the group’s AGM in Sydney last week…