Corporate
30 May 2016
New Zealand insurer Tower’s net loss for the half-year to March 31 has blown out to $NZ8.7 million, with impairment charges and adjustments to provisions for the Canterbury earthquakes accounting for the additional loss…
30 May 2016
Suncorp has joined a national “financial inclusion” program to assist up to 3 million Australians who are financially excluded and face significant economic and social hardship.…
30 May 2016
New Zealand underwriting agency Delta Insurance has partnered with Lloyd’s managing agent Antares to double its liability cover to $30 million…
23 May 2016
Steadfast broker Scott & Broad/Clark Pacific has acquired the portfolio of its authorised representative, Mark Elphick…
23 May 2016
Just over two years since Vero made its unpopular decision to slash broker commission on personal lines policies by 7.5%, they are returning to the old level of 22.5%…
23 May 2016
Broker and insurance technology innovator Ensurance has announced a deal with financial services group N1 Holdings to provide domestic insurance to N1’s comparison website…
23 May 2016
Zurich has appointed Hilary Bates as Chief Claims Officer for its general insurance business in Australia and New Zealand…
23 May 2016
Bermuda-based specialty insurer StarStone, which is seeking regulatory approval to set up as an underwriter in Australia, is owned by one of the world’s most acquisitive players, Enstar…
23 May 2016
Fitch Ratings has affirmed Suncorp Group’s long and short-term issuer default ratings at A+ and F1 respectively, but has warned that the group’s bank exposure offsets overall strength…
16 May 2016
Standard & Poor’s has upgraded its rating outlook on QBE from stable to positive, based on expected improved earnings, less volatility and a return to top-line growth…
16 May 2016
JLT Australia has acquired Perth-based occupational rehabilitation services company Workwise Occupational Health for an undisclosed sum…
16 May 2016
AIG has co-authored a report setting out best practice for compensating victims of human trafficking in 20 nations…
16 May 2016
Claims service provider Stream has announced the resignation of Company Secretary Ben Raftery, just six months after his appointment…
16 May 2016
Insurance & Care NSW has hired two experienced medical executives to improve its delivery of healthcare services…
16 May 2016
iSelect has appointed M2 Group CFO Darryl Inns as its CFO, effective from July 4…
09 May 2016
Ralph Ronnenberg will succeed Heinrich Eder as Munich Re Australasia MD on July 1…
09 May 2016
QBE should encourage government and policyholders to tackle climate change, Group CEO John Neal says – despite environmental protesters calling for more direct action from the insurer…
09 May 2016
Steadfast MD and CEO Robert Kelly will stay with the broker group until the end of 2020 at least…
09 May 2016
Centrepoint Alliance Premium Funding has pulled out of the New Zealand market, one year after announcing its expansion there…
09 May 2016
Computer Sciences Corporation says the purchase of UK insurance outsourcing group Xchanging will expand its business in the global underwriting industry, including Australia…