Latevo secures backing from Assetinsure and Swiss Re
20 April 2015
Crop insurer Latevo International says support from its new reinsurer Swiss Re will give confidence to brokers selling multi-peril cover this year…
Corporate
Gallagher tackles reputation risk
20 April 2015
Arthur J Gallagher says it has launched a unique reputation risk practice to help Asia-Pacific corporate clients deal with growing threats to their brands…
CBL plans Australia and NZ listing
20 April 2015
Auckland-based credit insurer CBL is planning an initial public offering and dual listing on the Australian and New Zealand stock exchanges…
Broker suspends north Queensland venture
20 April 2015
Joe Vella Insurance Brokers has suspended its specialist northern Australia broker 26th North after failing to secure an underwriter…
Suncorp offers home contents calculator app
20 April 2015
Suncorp has partnered with US technology company Trōv to produce a mobile app aimed at tackling contents underinsurance…
Captain Risky ad pulled following complaints
20 April 2015
Budget Direct has withdrawn a TV ad after the Advertising Standards Board found it breached rules on health and safety…
Fitch affirms Westpac LMI rating
20 April 2015
Fitch has affirmed Westpac Lenders Mortgage Insurance’s insurer financial strength rating at AA- with a stable outlook…
CGU-Lumley integration moves closer
13 April 2015
CGU has completed the restructure of its Broker Business division, with appointments to the final layer of the integrated CGU and Lumley businesses nearly complete…
Strong US dollar takes toll on QBE
13 April 2015
QBE expects gross written premium to fall this year because of the stronger US dollar, according to CEO John Neal…
Sportscover geared up for growth, acquisitions
13 April 2015
Sportscover is cashed-up and talking to parties in the US, Australia and Britain about acquisitions and partnerships, following the sale of its two Lloyd’s businesses to Bermuda-based Hamilton Insurance Group…
Willis Re broking chief joins Berkley Re
13 April 2015
Glen Riddell, Willis Re’s Executive Director and Head of Broking for Australia and New Zealand, is leaving to become CEO of Berkley Re’s Singapore branch…
Talbot chiefs to brief brokers
13 April 2015
Key executives from market newcomer UK-based Talbot Underwriting will host a briefing for brokers in Sydney on Friday…
AMI contribution exceeds IAG’s expectations
13 April 2015
IAG’s takeover of New Zealand insurer AMI Insurance has delivered more than expected, according to ratings agency Standard & Poor’s, which has given AMI an AA- financial strength rating…
Slater & Gordon to take top spot in UK with $1.23 billion acquisition
13 April 2015
Melbourne-based personal injury law specialist Slater & Gordon will pay $1.23 billion for the Professional Services Division of UK software and technology services company Quindell…
InterRISK appoints ex-Wallabies skipper as MD
30 March 2015
InterRISK has hired former Centric Wealth CEO and Wallabies rugby union captain Phil Kearns as MD…
Insurance House names new MD
30 March 2015
Macquarie Group executive Jason Fereday will become the new MD and CEO of Insurance House Group…
Xchanging takes majority stake in BrokersIT
30 March 2015
Insurance Brokers Network Australia has sold its broker management system to a company owned 90% by insurance technology and business process outsourcing group Xchanging and 10% by IBNA…
IAG will raise stake in Indian JV
30 March 2015
IAG will increase its stake in Indian joint venture SBI General Insurance from 26% to 49%, according to a regulatory filing last week by its partner State Bank of India…
Underwriting agency sets up with a roar
30 March 2015
Underwriter Kurt Nilsen has started his own business, Lion Underwriting, based in Sydney…
Youi to build $100 million global HQ on Sunshine Coast
30 March 2015
Seven years after establishing its Australian business on the Sunshine Coast, Youi has announced plans to open its “global headquarters” in Queensland…