Sale reduces Beazley’s local presence
29 May 2017
Global specialty insurer Beazley has drastically reduced its Australian presence with the sale of its accident and health portfolio…
Corporate
QBE recruits CFO from Commonwealth Bank
29 May 2017
QBE has appointed Michael Ford as Group CFO to succeed Pat Regan, who is now CEO of Australian and New Zealand Operations…
Premium Funding hails payment facility success
29 May 2017
Premium Funding says its “game-changing” Pay By The Month facility has been a big hit with brokers since its launch in April last year…
Swiss Re opens P&C underwriting hub
29 May 2017
Swiss Re has set up a combined property and casualty underwriting hub for Asia-Pacific, to tap into the region’s well-documented growth prospects…
S&P positive about ‘very strong’ QBE
29 May 2017
S&P Global Ratings retains a positive outlook for QBE based on an improvement in the group’s operating performance over the past 12 months and its “very strong” capital position…
Suncorp opens second concept store
29 May 2017
Suncorp has chosen the Brisbane suburb of Carindale as the site of its second concept store, after last December introducing the retail format at Sydney’s Parramatta Westfield centre…
Suncorp rewards 31,000 customers for cyclone mitigation
22 May 2017
Suncorp has cut the premiums of 31,000 customers in northern Australia after they made their homes more cyclone-resilient under the insurer’s Protecting the North initiative…
Broker calls in the administrators
22 May 2017
Perth-based National Franchise Insurance Brokers, a Steadfast member, has entered administration…
QBE to improve smash repair network
22 May 2017
After a review of its motor claims division, QBE has released a “request for proposal” for smash repairers to join its network in metropolitan Sydney, Melbourne, Brisbane and Canberra…
Ruralco’s stake in Ausure pays off
22 May 2017
Agribusiness Ruralco, which owns a 50% interest in joint venture Ausure Consolidated Brokers, grew its net profit by 15% to $12.4 million in the half-year to March 31…
Stream reports $14 million loss
22 May 2017
Troubled claims services company Stream Group has reported a net loss of $14.25 million for the 12 months to June 30 last year…
QBE shifts to ‘Brexit-friendly’ structure
22 May 2017
QBE European Operations has made a series of changes in preparation for the post-Brexit business landscape…
Ensurance products debut on comparator
22 May 2017
Ensurance’s home and contents products are now available on comparison website Comparethemarket.com.au…
Gallagher starts CEO hunt as BMS grabs Godden
15 May 2017
Arthur J Gallagher will start the search for a new Australian CEO following the resignation of Andrew Godden…
Technology holds key to future success, new Allianz MD says
15 May 2017
Technology will play an increasingly crucial role in Allianz Australia’s growth plans, according to incoming MD Richard Feledy…
Allianz Australia posts loss as parent blames storms for Q1 profit fall
15 May 2017
Allianz Australia has logged a first-quarter property and casualty operating loss of €15 million in results posted by its parent company…
Genworth gains approval for share buyback
15 May 2017
Genworth Mortgage Insurance Australia may buy back up to 125 million shares after gaining approval to do so at the annual general meeting last week…
Aon aligns key commercial, broking roles
15 May 2017
Aon Risk Solutions has appointed James Baum to key positions in its Australian commercial and broking businesses, as it pursues greater alignment between the two operations…
Australia a bright spot for Crawford as global profit drops
15 May 2017
Claims management group Crawford & Company remains upbeat about its Australian operations after a global first-quarter profit decline…
CCC partnership to foster innovation in digital claims
15 May 2017
Claim Central Consolidated has extended its strategic partnership with global real-time video and documentation company Livegenic…