IA increases GWP, client numbers
08 August 2016
Insurance Advisernet Australia says gross written premium grew 4% to $383 million last financial year…
Corporate
Fitch affirms QBE ratings
08 August 2016
Fitch Ratings has affirmed QBE’s long-term issuer default rating at A-, its subsidiaries’ insurer financial strength ratings at A+ and says the outlook is stable…
Suncorp names acting risk chief
08 August 2016
Suncorp has appointed Fiona Thompson as Acting Chief Risk and Legal Officer, following the resignation of Anna Lenahan…
Loan delinquency in mining states takes toll on Genworth
08 August 2016
Genworth Mortgage Insurance Australia’s net claims incurred grew 51% to $75.4 million in the half-year to June 30, as loan delinquency increased…
Honan fills operations role to aid global expansion
08 August 2016
Honan Insurance Group has appointed Brad Tymmons to the newly created role of Group Director – Broking Operations…
PSC appoints UK-based director
08 August 2016
PSC Insurance Group has appointed London-based corporate lawyer Mel Sims as an independent non-executive director…
Coface poaches Aon trade credit head
08 August 2016
French trade credit insurer Coface has named Hugh Burke as Chief Commercial Officer for the Asia-Pacific region, including Australia, effective from October…
Gallagher rubbishes talk of restructure
01 August 2016
Arthur J Gallagher has moved to quash rumours of a significant restructure in its Australian operations…
New business lifts JLT’s local result
01 August 2016
JLT Australia and New Zealand’s revenue grew 5% to $143 million in the first six months of the year, while underlying trading profit gained 8.1%…
No deal on Dual, Steadfast says
01 August 2016
Steadfast has denied rumours circulating in the London market that it is planning to buy the Australian and New Zealand operations of underwriting agency Dual…
AUB Group buys stake in NZ brokerage
01 August 2016
AUB Group and independent New Zealand broker BrokerWeb Risk Services have joined forces to take a 50% stake in Dawson Insurance Brokers in the North Island city of Rotorua…
Marsh appoints new NZ chief
01 August 2016
Marsh has appointed Marcus Pearson as Country Head of New Zealand, effective from next January…
BHSI takes cyber liability across Tasman
01 August 2016
Berkshire Hathaway Specialty Insurance has extended its cyber liability business to New Zealand, appointing Ian Marshall to lead the product line there…
MGA buys Victorian regional brokerage
01 August 2016
MGA Insurance Brokers has acquired Cranston Australia Insurance Brokers’ business in Horsham, Victoria, for an undisclosed amount…
Ansvar drones cleared for take-off
01 August 2016
Faith and heritage sector specialist Ansvar Insurance will use drones in risk mitigation and assessment after obtaining Civil Aviation Safety Authority clearance…
AM Best affirms Youi NZ ratings
01 August 2016
AM Best has affirmed South African-owned Youi New Zealand’s B++ financial strength rating and bbb issuer credit rating, with a stable outlook…
NZ business in profit, Stream says
01 August 2016
Stream’s New Zealand subsidiary Symetri is profitable and expects to file a half-year financial report this month, the claims service provider says in an update to the Australian Securities Exchange…
Ensurance books 15% revenue jump
01 August 2016
Broker and insurance technology group Ensurance has posted a 15% rise in revenue to $876,000 for the June quarter, buoyed by solid sales growth…
BHSI targets Australian cyber-liability market
25 July 2016
Berkshire Hathaway Specialty Insurance has entered the growing cyber-liability market in Australia, as corporate demand for the cover increases and risks evolve…
Marsh reshapes regional leadership structure
25 July 2016
Marsh Pacific CEO Scott Leney will report directly to US-based President John Doyle under a new executive structure announced by the global broker…