Deloitte opens Australian cyber centre
30 November 2015
Deloitte has set up a Cyber Intelligence Centre in Sydney, offering round-the-clock support and services…
Corporate
QBE reports progress, but shares take a hit
23 November 2015
QBE has positioned itself as a top-20 global “pure property and casualty player” that has returned to its core business with “no distractions or complexities”…
Insight members ‘switched for services’
23 November 2015
Members of cluster group Insight voted to join Steadfast because they stood to “substantially benefit” from the larger group’s services, Insight CEO David McKinnis says…
SUA to handle Axis renewals
23 November 2015
Axis Specialty has appointed Brisbane-based Specialist Underwriting Agencies to handle renewal terms for several lines of business, following the insurer’s decision to quit the Australian market…
Ebix joins takeover battle for Xchanging
23 November 2015
Ebix has entered the race to own UK-based insurance outsourcing company Xchanging, trumping its rivals with a takeover bid worth £450 million…
GE sells Hallmark general business
23 November 2015
Treasury has approved the sale of General Electric’s Hallmark General Insurance to a global private equity firm with Asian and US funding…
Elders restructure leads to redundancies
23 November 2015
Elders Insurance has announced a business restructure, with some functions being moved to parent QBE’s group shared services centre (GSSC) in the Philippines…
Fosun completes Ironshore acquisition
23 November 2015
Chinese conglomerate Fosun International has completed the acquisition of Ironshore…
Spiralling Canterbury claims hit Tower result
23 November 2015
New Zealand insurer Tower expects to increase claim provisions for the Canterbury earthquakes by $NZ53.2 million for the six months to September 30, resulting in a $NZ13.6 million impact on net profit…
Centrepoint gets a new chairman
23 November 2015
Alan Fisher has been appointed non-executive director and Chairman of Centrepoint Alliance, with Rick Nelson stepping down…
Zurich to wield axe in Australia, UK
16 November 2015
Zurich Australia today warned its general insurance employees that a planned restructure in its local operations could lead to “a number of redundancies”…
IAG rebrands with purple patch
16 November 2015
IAG has removed “Insurance Australia Group” from its new logo, to better reflect its growing international presence…
Early storms give Stream a lift
16 November 2015
An early start to the Australian storm season has given claims service provider Stream a lift…
HDI-Gerling unites Australia, Singapore units
16 November 2015
HDI-Gerling Industrial Insurance is to bring its Singapore branch under the purview of Australian branch MD Stefan Feldmann, in an “organisational reform” to make the German insurer more competitive in the region…
Zurich extends political risk business with Melbourne office
16 November 2015
Zurich has opened an office in Melbourne dedicated to its credit and political risk operations, amid growing demand for such services in the Asia-Pacific region…
CBL targets UK tax probe specialist
16 November 2015
New Zealand specialty insurance and reinsurance group CBL Corporation plans to acquire UK tax investigation insurance provider Professional Fee Protection…
Cover-More travelling well
16 November 2015
Travel insurer Cover-More has delivered a 10.3% increase in net profit to $31.1 million despite subdued local trading conditions…
Captive reinsurance covers losses at IAG NZ
09 November 2015
IAG says internal reinsurance is the reason for a difference in reporting for its New Zealand operation…
Calibre debuts in commercial market
09 November 2015
Calibre Commercial Insurance was officially launched last week following Munich Re’s purchase of Calliden’s general insurance operations…
Insurance Advisernet recruits product development chief, outlines expansion
09 November 2015
Former Steadfast IRS COO Harry Georgoulas has joined Insurance Advisernet as GM Product Development…