Westpac GWP rises, but catastrophes drive claims
04 May 2015
Westpac has reported an 8% rise in general insurance gross written premium to $246 million for the six months to March 31…
Corporate
Tower expects quake claims blowout of $20 million
04 May 2015
Tower emerged from its self-imposed trading halt on Friday, saying it expects provisions for claims costs related to the Christchurch earthquakes to rise by up to $NZ22.4 million ($21.5 million)…
Ansvar promotes financial controller to CFO
04 May 2015
Faith and community care specialist Ansvar has appointed Simon Munday as CFO, replacing Deirdre Blythe, who has left the company…
Genworth profit holds steady as GWP tumbles
04 May 2015
Genworth Mortgage Insurance Australia has held its first-quarter underlying profit steady, despite a 20% fall in gross written premium…
New COO joins Allianz Global Assistance in Brisbane
04 May 2015
Allianz Global Assistance has named Lionel Charmetant as COO of its Australian operations…
MacRae leaves QBE
27 April 2015
EGM Intermediary Distribution Tony MacRae has left QBE following a “strategic review”…
Zurich to shut regional offices, cut staff
27 April 2015
Zurich is closing regional offices in Queensland and NSW and reducing staff numbers in other offices as part of its campaign to centralise underwriting services…
Berkshire Hathaway Speciality ‘in no rush’
27 April 2015
Chris Colahan says he is still getting used to his US-style title of regional “President” of Berkshire Hathaway Specialty Insurance for Australia and New Zealand – but the good news is, he will have plenty of time to do so…
NTI takes over Lumley heavy motor
27 April 2015
Lumley’s heavy motor and mobile plant and equipment portfolios will transfer to National Transport Insurance from July 1, CGU has announced…
Steadfast splits technology role
27 April 2015
Steadfast has split its technology operation into units to cater for the company’s separate underwriting agency and broker divisions…
Tower tops up Canterbury reinsurance
27 April 2015
Tower New Zealand has added $NZ50 million ($48.9 million) to its reinsurance for remaining Canterbury earthquake claims…
Insurance inexperience no barrier to new Suncorp CEO
20 April 2015
The appointment of former banker Michael Cameron as Suncorp’s new Group CEO is creating speculation from industry pundits over the future direction of the listed company and its “one company, many brands” strategy…
Talbot secures approval for Australia move
20 April 2015
Talbot Underwriting has opened for business in Australia after receiving regulatory approvals last week…
New AIMS GM relishes new challenge
20 April 2015
The broking industry should prepare for major change, according to the next GM of Austbrokers & IBNA Member Services Glenn Schultz…
Steadfast makes executive changes
20 April 2015
Steadfast has made several executive appointments as a result of its rapid expansion over the past two years…
Zurich reshuffles commercial and global corporate teams
20 April 2015
Zurich has made several senior appointments to its small business and mid-market commercial teams and its global corporate team…
Stream CEO resigns due to illness
20 April 2015
Stream Claims Services has announced the resignation of CEO Paul Lynch due to health concerns…
Broker secures Assurex deal
20 April 2015
GSA Insurance Brokers has been selected as the exclusive Australia and New Zealand representative for US-based global broker network Assurex…
XL Catlin names Australia boss
20 April 2015
XL’s Robin Johnson will head Australian operations for the merged XL Catlin…
Westcourt installs new co-owner
20 April 2015
Industry veteran Tremayne West has joined Perth-based Westcourt General Insurance Brokers as a director and co-owner of the company…