Steadfast on budget and waiting for cycle to turn
31 October 2016
Steadfast says its first quarter was in line with budget and the company is well placed to seize on improved market conditions next year…
Corporate
QBE board welcomes former IAG boss
31 October 2016
QBE has appointed former IAG MD and CEO Mike Wilkins as a non-executive director, effective tomorrow…
XL Catlin restructures
31 October 2016
A global restructure of XL Catlin will boost innovation and decision-making processes in the Australian operation, according to Regional CEO Asia-Pacific Craig Langham…
IAG cleared to consolidate licences
31 October 2016
IAG is moving ahead with plans to reduce the number of general insurance licences it holds from nine to two, after receiving Federal Court clearance…
Centrepoint talks up premium funding prospects
31 October 2016
Centrepoint Alliance insists its premium funding arm has a future with the company, despite speculation it is up for sale…
Court applies ‘common fund’ clause to QBE class action
31 October 2016
Claimants in the QBE open class action must pay to file the lawsuit regardless of whether they have signed up with the litigation’s funder, following a Federal Court ruling…
NTI introduces enhanced product suite
31 October 2016
National Transport Insurance has responded to broker demand by improving its transport and mobile plant and equipment suite, and introducing a new carrier’s cargo product…
BHSI moves into civil liability for financial institutions
31 October 2016
Berkshire Hathaway Specialty Insurance has begun offering civil liability cover for financial institutions in Australia and New Zealand…
Friendsurance names Australia head
31 October 2016
German peer-to-peer insurer Friendsurance’s expansion into Australia will be led by Perry Abbott and backed financially by Ellerston Ventures, the venture capital arm of Ellerston Capital…
IA joins forces with bank
24 October 2016
Insurance Advisernet Australia and Commonwealth Bank will explore business opportunities and manage challenges under a new collaborative agreement…
Mecon moves into New Zealand
24 October 2016
Australian underwriting agency Mecon Insurance has opened for business in its founder’s home country of New Zealand…
IAG aims for growth in Malaysia, Thailand
24 October 2016
IAG is targeting growth in Malaysia and Thailand after last year tightening its regional focus and deciding against investing further in China…
QBE backs mortgage insurer’s new home cover
24 October 2016
QBE will underwrite a new home and contents policy introduced by loan and mortgage protection provider ALI Group…
Ensurance online platform draws new partners
24 October 2016
Broker and insurance technology group Ensurance says its online platform has signed up 20 partners since July, bringing the overall number to 33…
Aon backs sharing economy website
24 October 2016
Aon Risk Services has teamed up with Collaborate Corporation to establish a new sharing economy website…
Chinese group to acquire Genworth for $3.5 billion
24 October 2016
Genworth Mortgage Insurance Australia will be majority-owned by China Oceanwide Holdings under a $US2.7 billion deal to acquire its parent…
Gallagher tailors product for ride-share drivers
24 October 2016
Arthur J Gallagher has introduced a cover designed exclusively for ride-share drivers who use the TikRide credentials validation system…
Friendsurance begins building Australian team
17 October 2016
German peer-to-peer insurer Friendsurance wants to recruit a Melbourne-based “head of customer acquisition”, signalling its imminent arrival in Australia…
QBE expects mortgage insurance growth
17 October 2016
The housing market is expected to soften but lenders’ mortgage insurance will not be affected, according to QBE…
CBL gets green light for Europe acquisition
17 October 2016
New Zealand-based CBL Corporation has gained regulatory approval for its $150 million purchase of Securities & Financial Solutions Europe, France’s largest specialist producer of construction insurance…