Currency dip hits JLT’s Australasian operation
09 March 2015
The risk and insurance arm of JLT Australia and New Zealand has reported an 8% drop in total revenue to £114.1 million for last year, mainly due to the lower Australian dollar…
Corporate
Zurich Australia names new Chairman
09 March 2015
Paul Bedbrook has been appointed Chairman of Zurich Financial Services Australia. He replaces Terry Paradine who will retire on March 31…
Lloyd’s appoints regional market development manager
09 March 2015
Lloyd’s has appointed Christopher Rummery to the new role of Senior Market Development Manager for the Asia-Pacific region…
Vero freshens up broker portal
09 March 2015
Vero has added new features to its broker portal after in-depth consultation with the industry…
Western Pacific pays out on quake claims
09 March 2015
Failed New Zealand insurer Western Pacific has allocated all its notified Canterbury earthquake claims to loss adjusters – a further step in liquidating the company…
Insurance House extends reach in NSW
09 March 2015
Broker Insurance House Group has expanded its northern NSW operations with the acquisition of RNB Insurance Brokers in Narrabri…
JLT expands rehab reach with Recovre deal
09 March 2015
JLT Australia’s acquisition of the Recovre Group gives the broker national coverage in workplace rehabilitation for the first time, plus a “significant” revenue increase, according to CEO Leo Demer…
Australian Reliance buys Centric GI portfolio
09 March 2015
Corporate insurance broker Australian Reliance has acquired the Centric General Insurance Services portfolio…
QBE back in the black
02 March 2015
QBE is profitable again, but it warns global premiums will remain flat this year…
Austbrokers grows despite soft market
02 March 2015
Austbrokers has reported net profit after tax of $13.9 million for the six months to December 31, up 8.3% on the corresponding period in 2013…
Willis capital markets operation moves to Sydney
02 March 2015
Willis Capital Markets & Advisory (WCMA) is to open a Sydney office as part of its Asia-Pacific expansion…
Investments dent Centrepoint premium funding result
02 March 2015
Centrepoint Alliance’s insurance premium funding arm has posted a 41% drop in pre-tax profit to $1.5 million for the six months to December 31…
Choosi rolls out car comparisons
02 March 2015
Insurance comparison website Choosi has added car cover to its product line-up…
Allianz drops Latevo to launch own crop cover
02 March 2015
Allianz has severed its multi-peril crop insurance underwriting agreement with Latevo International…
Agency moves into WA grain market
02 March 2015
Crop insurers Insurance Facilitators is to enter the multi-peril crop insurance market in WA…
Diversification lifts iSelect profit
02 March 2015
iSelect has reported a 27% rise in half-year net profit to $5.4 million, driven by favourable market conditions and diversification of its income stream…
JLT recruits Willis GM for tailor-made role
02 March 2015
Willis GM Placement Services, Risk Services and Claims Maurice Gatto is to join JLT as GM Broking and Placement…
Austbrokers’ NZ arm appoints director
02 March 2015
Austbrokers subsidiary NZ Brokers Holdings has appointed Andrew Aitken as non-executive director…
Taylor Fry promises ‘superior offering’ as Qantas takes a stake
02 March 2015
Qantas has acquired a 51% stake in analytics and actuarial consulting business Taylor Fry…
Australian Unity reports general insurance gains
02 March 2015
Australian Unity increased general insurance revenue by 83% to $760,000 in the six months to December 31, after renegotiating a key distribution agreement…