W+K joins global law firm alliance
30 January 2017
Sydney-based law firm Wotton + Kearney has joined forces with major insurance law firms in Germany, the UK and the US to “meet the legal needs of the growing multinational insurance market”…
Corporate
Centrepoint finalises funding business sale
30 January 2017
Centrepoint Alliance has completed the sale of its premium funding business to Bank of Queensland for $20 million…
JLT buys valuation specialist
30 January 2017
JLT has acquired AssetVal, one of Australia’s largest specialist valuation practices…
Stream exits claims business with Symetri sale
30 January 2017
Troubled claims service provider Stream Group’s New Zealand subsidiary Symetri is selling its operating business and most of its assets to Gallagher Basset, in a deal worth at least $NZ7 million…
AJG boosts WA business with RiskLink acquisition
30 January 2017
Arthur J Gallagher has stepped up its WA presence with the acquisition of workplace consultancy RiskLink…
Comedy actor plans ‘HIH’ brand revival
30 January 2017
Actor Alex Haddad plans to revive the HIH name with a new brokerage business, hoping customers recall the insurance company’s early success rather than its corporate failure…
CBL completes French purchase
30 January 2017
New Zealand’s CBL Corporation has completed the acquisition of a majority stake in Securities and Financial Solutions Europe, France’s largest specialist provider of construction insurance…
BHSI takes A&H business to NZ
30 January 2017
Berkshire Hathaway Specialty Insurance has unveiled a line of accident and health insurance products for New Zealand…
Tokio Marine buys into eSentry
30 January 2017
Tokio Marine has acquired a 50% stake in Sydney-based online agency eSentry Underwriting as it looks to grow its business in Australia…
IAG adds board members
30 January 2017
IAG has appointed Helen Nugent and Duncan Boyle as independent non-executive directors…
Sparke Helmore adds WA firm to strengthen insurance offering
30 January 2017
Perth insurance litigation firm Jarman McKenna will merge with national law firm Sparke Helmore Lawyers on March 1…
Genworth announces executive departure
30 January 2017
Genworth Mortgage Insurance Australia has announced the resignation of its Chief Commercial Officer Bridget Sakr, who is leaving “to pursue other opportunities” after 22 years with the business…
CORRECTION: Zurich General Insurance CEO
30 January 2017
IAG to streamline business, cut $250 million
12 December 2016
IAG plans to cut annual operating costs by about $250 million over the next three years as it simplifies operations…
Zurich acquisition will drive expansion, Cover-More says
12 December 2016
Cover-More’s plan to grow globally will receive a significant lift if it joins the Zurich family, the listed travel insurer says…
QBE finds new Australia-NZ CEO close to home
12 December 2016
QBE Group’s decision to parachute CFO Pat Regan into the role of CEO Australian and New Zealand Operations followed an ultimately fruitless external recruitment drive…
IAG launches Satellite ‘change agent’
12 December 2016
IAG will seek growth in fast-changing markets through a newly named Satellite division, developed as part of the group’s challenger operations…
Suncorp reveals new ring of fire logo
12 December 2016
Suncorp has unveiled a new logo – its first update since government entities Suncorp and QIDC merged with the publicly listed Metway bank two decades ago…
Allianz company exits aviation market
12 December 2016
Allianz Global Corporate & Speciality will pull out of the local aviation market next year following a global strategic review of aviation business…
Local Ironshore chief welcomes Liberty takeover
12 December 2016
The MD of specialist international insurer Ironshore’s local operation says its acquisition by Liberty Mutual will benefit its Australasian operations…