AIG secures underwriting deal with marine specialist
20 July 2015
NM Insurance and AIG Australia and New Zealand have formed an underwriting relationship…
Corporate
Arena announces Berkley deal
20 July 2015
Arena Underwriting has agreed a deal for Berkley Insurance Australia to provide security for many of its lines…
Fitch affirms ratings on QBE LMI, Genworth
20 July 2015
Fitch has affirmed QBE Lenders’ Mortgage Insurance’s (LMI) insurer financial strength rating at AA-. It has also affirmed its rating on the operating subsidiary of Genworth Mortgage Insurance Australia, Genworth Financial Mortgage Insurance, at A+…
QBE turnaround on track: analyst
13 July 2015
Morningstar says QBE’s recovery is on track after last year’s profit downgrade…
Austbrokers opens merged NZ operation
13 July 2015
Austbrokers has unveiled its combined New Zealand broking operations under a new brand – NZbrokers…
McLarens targets Technical Assessing takeover
13 July 2015
International loss adjuster McLarens has bid to acquire Australian independent specialty loss adjuster Technical Assessing…
CEMAC secures Allianz deal
13 July 2015
Plant and equipment specialist underwriting agency CEMAC has agreed a new long-term security deal with Allianz Australia…
Nib expands with travel insurance acquisition
13 July 2015
Health insurer Nib will gain cost and technology benefits from its expansion in travel insurance following the $95 million acquisition of product distributor World Nomads Group…
Southern Response receives $NZ500 million capital injection
13 July 2015
The New Zealand Government will put $NZ500 million ($452.35 million) extra capital into Southern Response Earthquake Services – the entity set up to pay AMI Insurance’s quake liabilities…
Western Pacific liquidator sets September deadline
13 July 2015
The liquidator of failed New Zealand insurer Western Pacific expects to finish loss assessment of Canterbury earthquake claims by September 30…
AICLA President goes it alone with new business
13 July 2015
Australasian Institute of Chartered Loss Adjusters President Michael Collins has started his own business…
Berkshire Hathaway secures NZ licence
06 July 2015
Berkshire Hathaway Specialty Insurance has received its licence to operate in New Zealand…
CGU raises stake, rings in changes at AHI
06 July 2015
CGU Insurance has increased its stake in specialist underwriting agency Accident & Health International from 50% to 100% for an undisclosed sum…
Austbrokers appoints in-house lawyer
06 July 2015
Austbrokers has appointed Justin Coss as Group Legal Counsel following the establishment of an in-house capability…
Steadfast extends its property underwriting capacity
06 July 2015
Talbot Underwriting Australia has signed an agreement with Steadfast to provide further wholesale property capacity in a new binder…
WA broker joins IBNA
06 July 2015
New Perth-based broker Woods & Associates has joined broker group IBNA…
Beazley brings business travel cover to Australia
06 July 2015
Global specialist insurer Beazley has introduced its first business travel product to the Australian market…
IAG wants to underwrite jilted Steadfast Direct
29 June 2015
IAG is negotiating with Steadfast to underwrite the diversified broker group’s personal lines business after Berkshire Hathaway withdrew from the arrangement…
Smeaton to lead Vero NZ
29 June 2015
Paul Smeaton will take over as CEO of Vero New Zealand following the departure of Gary Dransfield…
MGA adds Cranston book to growing portfolio
29 June 2015
MGA Insurance Brokers has acquired fellow Adelaide-based brokerage Cranston Australia…