JLT chief sees upbeat future for diligent small brokers
05 September 2016
Small business brokers will have a positive future in the insurance industry if they continue to focus on clients’ needs, according to JLT Group CEO Dominic Burke…
Corporate
Tesla’s electric cars in Australia get unique insurance
05 September 2016
Tesla Motors has begun offering insurance products designed for its electric cars in Australia – the second Asia-Pacific market after Hong Kong to offer the after-sales service…
QUS acts on NSW strata legislation
05 September 2016
Strata insurer QUS will offer $20 million public liability cover for all NSW strata risks from the end of November, in response to new legislation…
iSelect makes gains in insurance revenue
05 September 2016
Comparator iSelect’s life and general insurance operating revenue grew 33% to $32 million in the year to June 30…
Ensurance cuts loss, but running costs blow out
05 September 2016
Broker and insurance technology group Ensurance made a $1.75 million net loss for the year to June 30 as higher running costs negated a rise in revenue…
Genworth announces new company secretary
05 September 2016
Genworth Mortgage Insurance Australia has appointed General Counsel Prudence Milne as Company Secretary following the resignation of Luke Oxenham from the position…
AUB hails diversification strategy as profit rises
29 August 2016
AUB Group has reported net income of $42 million for the year to June 30, up 20.4% on the previous year…
Steadfast announces strong result, Singapore cluster launch
29 August 2016
Broker network Steadfast has unveiled a significant increase in net income despite challenging market conditions, and will set up a Singapore cluster group within weeks as it targets further growth in Asia…
PSC full-year result exceeds expectations
29 August 2016
Organic growth, cost reductions and increasing scale were major contributors to PSC Insurance Group’s 70% profit surge last financial year…
Centrepoint premium funding rises above tough landscape
29 August 2016
Centrepoint Alliance’s insurance premium funding arm overcame tough business conditions to record a 22% rise in pre-tax net profit to $2.5 million for the year to June 30…
Ansvar records first-half loss amid claims reserves impact
29 August 2016
Church and heritage insurer Ecclesiastical says its Australian Ansvar business posted a £1.3 million first-half underwriting loss after interest rates weakened, despite consistent performance in the underlying operations…
AUB reveals latest risk services acquisition
29 August 2016
AUB’s equity partner Altius Group has acquired WA injury management specialist PeopleSense…
CBL eyes growth in Australia as profit dips
29 August 2016
New Zealand-based CBL Corporation expects Australia and other foreign markets including southeast Asia to drive earnings after reporting a decline in half-year profit…
Chubb enhances mobile P&E cover
29 August 2016
General liability is among the latest inclusions in Chubb’s mobile plant and equipment cover…
Niche dominance supports QBE LMI rating
29 August 2016
Fitch has affirmed its rating and stable outlook for QBE’s lenders’ mortgage insurance business, despite expecting absolute profit to fall…
Ensurance hires new CFO
29 August 2016
Broker and insurance technology group Ensurance has named Sam Hallab as CFO…
Talbot Australia MD moves on
22 August 2016
Talbot Underwriting Australia MD Adam Matteson has left the company suddenly…
IAG looks to future despite profit fall
22 August 2016
IAG has hailed a solid performance despite reporting net profit for the year to June 30 of $625 million, down 14.1% on the previous year…
QBE starts regional CEO search after Australian earnings drop
22 August 2016
QBE is searching for a new Australian and New Zealand CEO after removing Tim Plant from the role following a weak set of results amid a difficult global environment…
BHSI joins forces with Tego in medical PI space
22 August 2016
Underwriting agency Tego Insurance and Berkshire Hathaway Specialty Insurance have entered an exclusive underwriting agreement to provide medical indemnity cover to Australian doctors…