Media group rolls out Ace-backed travel insurance
15 February 2016
Fairfax Media has partnered with Ace on a new travel insurance product, Travellers Insure…
Corporate
Genworth Australia unaffected by ratings downgrade
15 February 2016
Standard & Poor’s has downgraded its group credit profile for Genworth Financial from bbb- to bb, but the Australian mortgage insurance operations remain unaffected…
Konekt stays on acquisition trail
15 February 2016
Workplace rehabilitation services provider Konekt is expanding its Canberra presence through the acquisition of return-to-work company SRC Solutions…
Naming row dents Bob Jane motor venture
15 February 2016
Proposed motor insurance start-up Bob Jane Integrity Insurance has stalled…
Zurich exits strata market, completes business overhaul
08 February 2016
Zurich has pulled out of the strata market, but says no more significant changes to its Australian operations are planned…
Stream collapse costs RACQ up to $10 million
08 February 2016
RACQ Insurance says it could be up to $10 million out of pocket following the winding-up of former home repair partner Stream Group Australia…
Greenstone seeks private investor after IPO pullout
08 February 2016
Richard Enthoven, the co-founder and Executive Chairman of direct insurance marketing company Greenstone, has no regrets about last year’s aborted $984 million float…
QBE firm on mental illness exclusion, despite tribunal loss
08 February 2016
QBE says mental illness exclusions in travel insurance “are still necessary”, despite a tribunal finding in favour of a woman who claimed she was a victim of discrimination…
New recruit builds HDI Global presence in Brisbane
08 February 2016
HDI Global will have a presence in Brisbane with the appointment of Kelly Townley as Market Manager Queensland…
IAG appoints reinsurance GM
08 February 2016
Reinsurance veteran Scott Grove has been made IAG’s Group GM Reinsurance…
Interim chief secures Genworth CEO job
08 February 2016
Genworth Mortgage Insurance Australia has appointed Georgette Nicholas to the permanent CEO role after a global search following the departure of Ellie Comerford…
Home loan crackdown dents Genworth profit
08 February 2016
Genworth Mortgage Insurance Australia has posted a 29.7% decline in net profit for last year, as gross written premium took a hit from more stringent lending requirements…
Gallagher seals deal with auto industry body
08 February 2016
Broker Arthur J Gallagher has struck a partnership deal with automotive industry peak body the Institute of Automotive Mechanical Engineers and its insurance arm IAME Insurance Solutions…
Vero tops NZ broker survey
08 February 2016
Vero has been crowned New Zealand’s best intermediated insurer in research company TNS’ annual broker survey…
Nanra takes reins at Zurich Australia, Riminton goes
01 February 2016
Rajbir Nanra has been confirmed as CEO of Zurich General Insurance Australia and New Zealand…
Local leadership chosen as Ace-Chubb merger nears
01 February 2016
Ace Country President for Australia and New Zealand John French is to serve as Chubb Country President for Australia and New Zealand under the merged Ace-Chubb global entity, which will operate under the Chubb name…
HDI Gerling rebrand reflects global mindset
01 February 2016
German industrial lines insurer HDI-Gerling has rebranded as HDI Global SE…
CBL unveils big plans for Assetinsure
01 February 2016
Auckland-based specialty insurer and reinsurer CBL Insurance Group has unveiled its strategy for Sydney-based Assetinsure, which it acquired last September…
IAG sets $7 billion catastrophe reinsurance cover
01 February 2016
IAG has set its catastrophe reinsurance cover for this year at up to $7 billion, similar to last year…
Lloyd’s to open Sydney hub
01 February 2016
Lloyd’s Australia is harking back to its London roots by co-locating with three Lloyd’s businesses in new offices that will feature a cafe, hot-desking and seminar rooms…