Centrepoint returns to profit
25 August 2014
Centrepoint Alliance has emerged from three years of losses, reporting strong growth in premium funding…
Corporate
Ecclesiastical reports turnaround in Ansvar
25 August 2014
Ansvar returned to profit in the first half and continues to improve, according to CEO Warren Hutcheon…
Ebix signs up nurses
25 August 2014
Ebix has signed a contract with the Australian Nursing & Midwifery Federation to provide continuing professional development courses to members…
Suncorp loses director to ANZ
25 August 2014
Suncorp non-executive director Ilana Atlas has resigned after more than three years on the board…
Suncorp ready to fight on all fronts: Snowball
18 August 2014
Suncorp is well placed to see off aggressive competition in domestic and commercial lines, according to CEO Patrick Snowball…
Zurich Australia GI secures record profit
18 August 2014
Zurich Australia General Insurance has reported a record half-year business operating profit of $99 million, aided by a benign catastrophe environment…
Gallagher restructures, appoints COO
18 August 2014
Arthur J Gallagher Australia has promoted Sarah Lyons to COO as it moves to integrate its Australian broking teams…
Underwriting agency Coverforce rebrands
18 August 2014
Sydney-based Coverforce Underwriting has changed its name to Quanta Insurance Group as part of an “aggressive strategy” to deliver greater value…
CBA lifts insurance income
18 August 2014
Commonwealth Bank’s pre-tax insurance income grew 12% to $1.03 billion in the year to June 30, as the general and life divisions improved their results…
Victorian broker joins IBNA
18 August 2014
Ovens Valley Insurance Brokers of Myrtleford in northeast Victoria has joined the IBNA broker network…
Pen Underwriting signs on for growth
18 August 2014
Arthur J Gallagher’s new underwriting agency division will spend the next six months working on a consolidation and integration program it expects will make it more effective…
iSelect writes down trail commission revenue
18 August 2014
Comparator iSelect will wipe up to $14 million from its after-tax profit for last financial year, after trail commissions from health insurers were written down by $16-$20 million…
Zurich appoints commercial EGM
11 August 2014
Zurich Australia has appointed Adrian Riminton as EGM Commercial…
Steadfast takes stake in reinsurance broker
11 August 2014
Steadfast has bought a 50% stake in an Australian and New Zealand reinsurance brokerage previously owned by Canada’s Beach Capital Holdings…
WR Berkley rebrands
11 August 2014
WR Berkley’s local arm is to rebrand as Berkley Insurance Australia, in a bid to sharpen its positioning and focus…
QBE to ‘lobby hard’ on LMI capital relief
11 August 2014
QBE says it will campaign for big banks to be granted capital relief on lenders’ mortgage insurance…
Ex-Bankwest EGM joins Hollard holding company
11 August 2014
Hollard Australia Group has appointed former Bankwest EGM retail Mark Reid as CEO of its financial services holding company Greenstone…
Underwriter hits back over comparison site criticism
11 August 2014
The underwriter supporting a new car insurance comparison service has defended the project following criticism from major insurers…
Insured Group shareholder moves closer to takeover
11 August 2014
The takeover of Priority One Network Group has moved a step closer, with agricultural services company Conquest Agri completing due diligence on the company…
Broker boosts resources to launch comparison website
04 August 2014
Sydney-based broking and IT group Ensurance plans to launch a comparison website with the option of broker advice, after arranging a reverse takeover of a listed mining company…