IAG confirms New Zealand risk chief role
08 April 2024
IAG New Zealand has appointed Rachael O’Brien as Chief Risk Officer, effective from July...
Corporate
Newline expands with Sydney office, appoints PI Head
25 March 2024
Specialty insurer Newline Group is expanding its Australian operations with the opening of a Sydney office and the appointment of Nicholas Beswick as Head of Professional Indemnity...
Ferrari launches insurance at Australian Grand Prix
25 March 2024
Ferrari Australasia on Thursday launched a new insurance offer at an event with clients, coinciding with the opening of the Formula 1 Australian Grand Prix 2024 in Melbourne...
AM Best issues final assessment of Hollard
25 March 2024
AM Best has withdrawn its credit ratings of The Hollard Insurance Company after the insurer requested to no longer participate in the interactive assessment process...
QBE Foundation provides investment for Indigenous grant
25 March 2024
The QBE Foundation has announced a $500,000 seed capital grant to First Australians Capital to help support Indigenous-owned businesses...
Johns Lyng names new company secretary
25 March 2024
Johns Lyng Group has appointed Lisa Dadswell as Company Secretary, replacing Shannon Coates who resigned this month...
Agile syndicate confirmed for April launch
18 March 2024
The launch of Agile’s new Lloyd’s syndicate has been confirmed by managing agent Asta, subject to regulatory approvals...
‘Hot property’: PSC in discussions with potential buyers
18 March 2024
Australia’s large broking companies are “hot property”, but the extraordinary success they have achieved over the past few years could restrict the number of potential acquirers, analysts say...
Australia chips in as Canopius profit jumps
18 March 2024
Canopius Group’s full-year profit after tax surged to $US363 million from $US129 million previously, with Australia making a strong contribution as part of the Asia-Pacific region...
Allianz recruits champion swimmer as Olympic ambassador
18 March 2024
Allianz Australia has added Australian gold medallist and champion swimmer Mollie O’Callaghan as its newest Olympic ambassador...
‘Inadequate controls’: regulator acts on Tower policy discounts
11 March 2024
New Zealand’s Financial Markets Authority has filed civil proceedings against insurer Tower over a failure to correctly apply multipolicy discounts...
NRMA Insurance revamps customer experience through partnership
11 March 2024
IAG-subsidiary NRMA Insurance has announced a partnership with digital creative firm Accenture Song, focused on improving its “end-to-end” branding and customer experience...
AMA Group rules out asset sale
11 March 2024
Loss-making smash repairer AMA Group insists its Capital Smart business is not for sale after the Australian Financial Review suggested a deal may be finalised by June 30...
New Zealand’s Rothbury acquires Austinsure
11 March 2024
New Zealand broking group Rothbury has agreed to acquire all the shares in Austinsure from Steadfast Group NZ Holdings, effective at the end of this week...
Aon teams up with accounting service
11 March 2024
Aon has partnered with accounting and payroll service firm Reckon to extend its range of insurance options to its customers...
Steadfast flags continued hard market as earnings grow
04 March 2024
Steadfast says strong pricing has continued to drive revenue in its broking and underwriting businesses and it expects “market discipline” to continue...
Allianz’s Australian P&C earnings slump
04 March 2024
Allianz says Australian property and casualty operating profit slumped last year following natural catastrophe impacts...
Parramatta broker joins Insurance House
04 March 2024
Insurance House has acquired commercial broker Professional Insurance Brokers and its authorised representative, Unicorn Risk Services...
Nib ‘riding the wave’ in travel market
04 March 2024
Nib Travel says the market remains robust after its gross written premium fell 18% to $85.4 million in the six months to December 31...
Helia GWP drops as homebuyers struggle
04 March 2024
Australia’s largest provider of lenders’ mortgage insurance, Helia Group, says gross written premium fell 42% to $185.2 million last year...