Cover-More looks to US after ‘disappointing’ result
22 August 2016
Cover-More has vowed to lift its game and accelerate its expansion in North America after net profit fell 27.5% to $18.7 million for the year to June 30…
Corporate
Former exec brings tech insights to QBE board
22 August 2016
Former QBE executive Kathryn Lisson will return to the company as a board member next month as the company seeks to increase its technology expertise…
IAG invests in US cyber-security group
22 August 2016
IAG has taken a 2% equity share in US-based cyber-security business Upguard…
Nomads delivers $10 million profit for new owner Nib
22 August 2016
Travel insurer World Nomads Group made a $9.7 million underlying operating profit last financial year…
Suncorp clarifies climate change stance
15 August 2016
Suncorp has spelled out the company’s views on climate change and outlined its actions to promote mitigation after comments by CEO Michael Cameron prompted concerns he was downplaying human influences on global warming…
Appointment marks latest step in Zurich overhaul
15 August 2016
The appointment of former Generali executive Jack Howell as Zurich’s new Regional CEO for Asia-Pacific is the latest step in a global campaign to simplify the group’s structure…
Ebix on acquisition path as profits increase
15 August 2016
Demand for new products from insurance technology specialist Ebix Australia continues to grow, with MD Leon d’Apice saying the business is also on the lookout for acquisition opportunities in Australia…
Fleetsure steers new course with Lloyd’s
15 August 2016
Specialist motor underwriting agency Fleetsure has begun offering Lloyd’s capacity in addition to its ongoing agreement with QBE…
CommInsure posts GI premium rise
15 August 2016
CommInsure’s general insurance operations recorded a 6% rise in gross written premium to $735 million for the year to June 30, while insurance income fell slightly to $502 million from $503 million the previous year…
Chubb rolls out ‘end-to-end’ cyber solution
15 August 2016
Chubb has introduced a comprehensive cyber solution for the Asia-Pacific region, starting with Australia, Hong Kong and Singapore…
Genworth appoints new chairman
15 August 2016
Richard Grellman, who helped oversee Genworth Mortgage Insurance Australia’s public listing in 2014, will retire as Chairman on August 31…
App helps loss adjusters gain time
15 August 2016
While companies in the insurance sector are working with customer-facing apps, few realise the internal value an app can bring, according to a technology expert…
GI woes dent Suncorp profit
08 August 2016
Bad weather and weak investment earnings have contributed to an 8.4% decline in Suncorp full-year earnings…
Cover-More secures Berkshire alliance for US expansion
08 August 2016
Berkshire Hathaway Travel Protection will underwrite Cover-More direct travel insurance products sold in the US…
Zurich brings cyber-response package to Australia
08 August 2016
Zurich Australia has announced the arrival of its DigitalResolve cyber-response package in Australia…
IA increases GWP, client numbers
08 August 2016
Insurance Advisernet Australia says gross written premium grew 4% to $383 million last financial year…
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…