Zurich completes OnePath General Insurance transfer
04 December 2023
The transfer of OnePath General Insurance to Zurich’s Australian business has been completed, after the Federal Court last month confirmed the scheme to facilitate the process...
Corporate
Suncorp to appoint Gillian Brown to board
04 December 2023
Suncorp will appoint Brisbane-based Gillian Brown to the board, effective late February, following the retirement this month of Doug McTaggart...
QBE upbeat on ‘supportive’ rate environment
27 November 2023
QBE achieved third-quarter gross written premium growth of 7% on the prior corresponding period, and group-wide renewal rate increases averaged 9.6%, the insurer said today in a Q3 performance update...
Emergence appoints Gary Dransfield as Chairman
27 November 2023
Cyber specialist underwriting agency Emergence has appointed former Suncorp senior executive Gary Dransfield as Chairman...
Tower combined ratio hits 101% on large event costs
27 November 2023
New Zealand insurer Tower says its annual large event costs reached $NZ55.6 million, up from $NZ19 million a year earlier...
Johns Lyng sees ‘significant runway for growth’
27 November 2023
Johns Lyng Group says the business has started the new financial year strongly and is confident its core Australia operations will continue to grow, supported by its “bedrock” Insurance Building and Restoration Services arm...
QBE unveils risk management platform
27 November 2023
QBE has rolled out a digital risk management platform for commercial property and liability, with plans to add new functionality and other insurance products in the near future...
Steadfast buys Sure Insurance, completes $280 million share placement
20 November 2023
Steadfast has purchased a 70% stake in Queensland regional underwriting agency specialist Sure Insurance and has completed a $280 million share placement to fund upfront and future acquisition costs...
Tower exits commercial farm business
20 November 2023
New Zealand’s Tower will no longer offer insurance for commercial farms, and from February will refer those customers to Aon as Tower policies expire...
QBE exits PNG market
20 November 2023
QBE has sold its operations in Papua New Guinea to Alpha Insurance...
Tower board appoints new director
20 November 2023
The board of New Zealand insurer Tower has appointed Mike Cutter as independent director...
IAG joins cyclone reinsurance pool
13 November 2023
IAG has joined the Federal Government’s Cyclone Reinsurance Pool, ahead of the deadline for large insurers to join before the end of this year...
Zurich highlights ‘significant’ climate risk to energy sector
13 November 2023
A new report from Zurich Australia and Mandala Partners estimates that nearly 40% of Australia’s energy generation assets will face increased risks from climate impacts in the coming decades...
Ensurance shareholders accept PSC takeover offer 
13 November 2023
PSC Insurance Group will acquire Ensurance after the underwriting agency’s shareholders voted to accept the takeover offer...
WTW climate specialists to support Asia Pacific insurers
13 November 2023
WTW has launched an Asia Pacific Climate Risk Centre in Singapore as the region transitions to a low-carbon economy...
Aviso Broking acquires NSW-based AR
13 November 2023
Aviso Broking has announced it has acquired the business of Corporate Authorised Representative Trent Mockford...
PSC outlines goals as founder steps up 
06 November 2023
Incoming PSC Insurance Group Non-Executive Chair Paul Dwyer says the broking group is ready to take the “next leap forward” at today’s annual general meeting, as he prepares to take a more active role in the business he founded in 2006...
AUB says Ecuador issue to have ‘no material’ net profit impact
06 November 2023
AUB Group says a $US46.589 million Tysers payment to the US Department of Justice resulting from an investigation into business conduct in Ecuador will have no material impact on expected net profit this financial year...
Helia GWP ‘soft’ on subdued home loan demand
06 November 2023
Helia Group, Australia’s largest provider of lenders’ mortgage insurance, says gross written premium was $44.8 million in the third quarter, down from $68.5 million a year earlier...
CBN’s iNeedCover website goes live
06 November 2023
Community Broker Network has launched iNeedCover, a new website which it says gives small businesses easy access to a snapshot of their risk exposures, as well as insurance advice, multiple quotes and coverage solutions...