QBE names industry veteran as new director
17 July 2023
QBE Insurance Group has named Peter Wilson, who brings 40 years’ experience to the role, as a non-executive director to the board...
Corporate
IAG finalises reinsurance arrangements
10 July 2023
IAG has secured cover for about a third of its gross claims costs after renewing one of its whole-of-account quota share arrangements with reinsurance provider Hannover Re...
Suncorp confirms reinsurance program as rising cost dictates key changes
10 July 2023
Suncorp has completed its 2023/24 reinsurance program, making key changes as catastrophe protection cost increases after last year’s floods...
Tower retreats from Solomon Islands after 38 years
10 July 2023
Tower Insurance has offloaded its Solomon Islands business to Papua New Guinea’s TransPacific Assurance Limited...
Acquisitions ignite Johns Lyng’s home services growth strategy
10 July 2023
Johns Lyng Group continues to cement its place in the essential home services market with the acquisition of Smoke Alarms Australia and Linkfire...
Axa XL heralds innovation as key to improving claims process
10 July 2023
Axa XL says new technologies and innovation are at the core of transforming how insurers should look to handle and complete claims efficiently...
Workplace injury disruptor continues expansion
10 July 2023
Return to work disruptor Navigator Group continues to recruit insurance veterans to its business, which seeks to reinvent physical and mental injury recovery and get workers back to work faster...
Suncorp joins cyclone pool as deadline nears
03 July 2023
Suncorp says it will provide a reinsurance program update for this fiscal year this month, after announcing it had joined the Federal Government-backed northern Australia cyclone reinsurance pool...
PSC queried over share price movement
03 July 2023
Local listed insurer PSC Insurance Group has responded to an ASX query over the movement of its share price on Friday...
Marsh’s Leney sees new heights at Everest
03 July 2023
US-based Everest Insurance has appointed Scott Leney as Head of Asia Pacific for its International Division...
RACQ decides ‘no longer viable’ to provide Queensland CTP cover
03 July 2023
RACQ Insurane says it will cease participating in the Queensland compulsory third party scheme from the start of October, saying a current scheme review is unlikely to deliver “a level playing field”...
Canopius rolls out global cyber support service
03 July 2023
Global specialty re(insurer) Canopius has launched a global Cyber Incident Management Team, with units set up in Sydney, London and Chicago to offer support to its cyber policyholders...
CGU begins retail partnership with ANZ
03 July 2023
IAG’s CGU Insurance today started a partnership to provide general insurance products for ANZ’s retail banking customers...
ShieldCover adds manufacturing cover options
03 July 2023
Brisbane-based underwriting agency ShieldCover has introduced liability and personal accident and sickness cover options for manufacturing occupations...
CCI says first tranche of staff made redundant following run-off decision
26 June 2023
Catholic Church Insurance says it is following a planned approach to run-off and a first tranche of staff have been made redundant, with full entitlements paid...
Steadfast launches risk management tool
26 June 2023
Steadfast has launched a new enterprise risk management tool, iMonitorRisk, to help businesses identify and understand operational risks...
Johns Lyng bullish as revenue on course to reach $1.25 billion
26 June 2023
Building services provider Johns Lyng Group has raised its earnings guidance for this financial year, buoyed in part by strong demand for its post-disaster recovery services from insurance clients...
Youi announces new risk and compliance role
26 June 2023
Leading governance professional Russell Redsell has been appointed to a newly created role at Youi as Chief of Corporate Affairs and Governance...
Allianz’s new campaign offers optimism for tomorrow
26 June 2023
Insurer Allianz has launched a brand campaign which seeks to convey a sense of confidence for policyholders, knowing that Allianz is there to support them, no matter what life throws up...
IAG sees further pricing increases, higher perils allowance
19 June 2023
IAG says pricing will continue to increase due to inflation, reinsurance and perils impacts, while it’s mindful of challenges its customers are experiencing and issues around affordability...