PSC upbeat on growth as new additions chip in
17 October 2016
PSC Insurance Group’s recent acquisitions have made a solid contribution to the bottom line and have added revenue engines to the business…
Corporate
Business Council boss to take chair at CBA
17 October 2016
Commonwealth Bank non-executive director Catherine Livingstone will succeed Chairman David Turner when he retires at the end of December…
IAG extends Munich Re CTP agreement
10 October 2016
IAG has extended a quota share agreement with Munich Re that covers 30% of the company’s compulsory third party business…
XL Catlin finalises Brooklyn acquisition
10 October 2016
XL Catlin has completed its purchase of award-winning underwriting agency and Lloyd’s coverholder Brooklyn…
Digital technology chief leaves IAG
10 October 2016
IAG Group Executive Digital and Technology Claire Rawlins has left the insurer after 18 months…
Travel risk management standard a ‘huge step forward’
10 October 2016
Australian organisations can reap significant rewards from a new travel risk management standard, an industry leader says…
Aon introduces ‘holistic’ cyber solution
10 October 2016
Aon has unveiled a “first of its kind” comprehensive cyber offering, available in Australia through the broker’s global network…
QBE appoints human resources chief
10 October 2016
QBE has named Margaret Murphy as Group Chief Human Resources Officer…
Steadfast denies NZ broker link following fine
10 October 2016
Steadfast and PSC Connect NZ have distanced themselves from a New Zealand broker that dismissed an employee for not taking out a personal loan to prop up the ailing business…
Ansvar moves Melbourne HQ
10 October 2016
Church and heritage insurer Ansvar will move its Australian head office to Melbourne’s Southbank area from November 1…
IAG hails $314 million buyback
10 October 2016
IAG has completed a $314 million share buyback – returning more than initially planned due to strong demand…
Sportscover CEO hits back after axing
03 October 2016
Specialist sports underwriting agency Sportscover has sacked CEO David Lamb, as a dispute between the two parties escalates…
Centrepoint silent on premium funding sale rumours
03 October 2016
Centrepoint Alliance has declined to comment on speculation its premium funding operation is under review and could be sold…
Tower pays refunds after discount error
03 October 2016
New Zealand insurer Tower will give refunds to 23,000 customers after identifying an error in calculating multi-policy discounts…
QBE appoints global IT strategist
03 October 2016
QBE has hired former Zurich chief information and technology officer Markus Nordlin to take the new position of Global Chief Information Officer…
Cover-More buys US group Travelex for $138 million
03 October 2016
Cover-More is accelerating its North American expansion with the $US105 million purchase of Travelex Insurance Services, the third-largest retail travel insurance specialist in the US…
Assetinsure adds to surety bond portfolio
03 October 2016
CBL-owned Assetinsure has acquired the renewal rights of Petroleum Bonds in Australia and New Zealand from Corporate Indemnity, which has been managing the business since 1995…
ING to roll out home and contents cover
03 October 2016
ING Direct has teamed up with Auto & General to offer home and contents cover to its mortgage customers…
CBL embarks on capital-raising to fund growth
03 October 2016
New Zealand’s CBL Corporation aims to raise up to $NZ63 million to finance its expansion plans…
Zurich restructure may bring local job losses
26 September 2016
Zurich’s decision to merge its commercial and global corporate operations worldwide may mean jobs are cut in Australia, the insurer admits…