RACQ Insurance notches up $77 million surplus
08 December 2014
RACQ Insurance earned an underwriting surplus of $77.9 million and premium income of $693.8 million for the year to June 30…
Corporate
Ex-IAG exec joins Suncorp board
08 December 2014
Suncorp has appointed former IAG executive Christine McLoughlin as a non-executive director, effective from February…
IAG adds Caltex chairman to board
08 December 2014
IAG has appointed Elizabeth Bryan as an independent non-executive director…
Gallagher retires OAMPS brand
01 December 2014
OAMPS Insurance Brokers has been rebranded as Arthur J Gallagher, as the integration of the businesses continues…
Managers in and out as Zurich restructures
01 December 2014
Zurich has appointed a new chief underwriting officer as management changes continue in its strategic restructure…
Austbrokers eyes further NZ expansion
01 December 2014
Austbrokers’ recent push into the New Zealand broking market heralds the beginning of a trans-Tasman expansion strategy that is likely to bring further acquisitions next year…
Pen picks management line-up
01 December 2014
Arthur J Gallagher’s new agency Pen Underwriting has unveiled its management team…
IAG restates profit after restructure
01 December 2014
IAG has restated its profit to reflect the company’s takeover of Wesfarmers Insurance’s underwriting business in July…
Centrepoint hails eastern promise
01 December 2014
Centrepoint Alliance’s premium funding volumes in the eastern states are up 31% so far this financial year, the company’s AGM heard last week…
Tower profit falls following divestments
01 December 2014
New Zealand insurer Tower’s net profit fell 32% to $NZ23.6 million ($21.71 million) in the year to September 30, reflecting abnormals and the sale of businesses…
Ironshore extends terrorism capacity
01 December 2014
Ironshore Australia can now offer terrorism and sabotage coverage of more than $300 million, after gaining access to the group’s global program…
Calliden cuts profit target
01 December 2014
Calliden has reduced this year’s net profit target to $6-$7 million, before transaction costs relating to the proposed takeover by broker cluster group Steadfast…
Manheim appoints Australasia MD
01 December 2014
Vehicle auctioneer Manheim has appointed Campbell Jones to the new position of MD of Manheim Australia and New Zealand…
Some premiums will rise as Allianz takes over TIO
24 November 2014
Premiums for higher-risk properties in the Northern Territory will almost certainly rise once the Territory Insurance Office is privatised, industry sources have told insuranceNEWS.com.au…
Three-horse race for QBE underwriting agencies
24 November 2014
Steadfast, Austbrokers and Arthur J Gallagher are understood to be at the forefront of bidders for QBE’s underwriting agencies…
Resilium broking arm welcomes first adviser
24 November 2014
Resilium Insurance Broking has signed up its first authorised representative practice, Brisbane-based Goldsworthy Investments…
Lloyd’s underwriter Talbot opens Australian operation
24 November 2014
Talbot Underwriting will look to replicate its specialty business when it opens an Australian office on January 28…
IAG names NZI management line-up
24 November 2014
IAG has announced its New Zealand intermediated leadership team, after taking over Lumley through the Wesfarmers Insurance acquisition…
Gardian Insurance signs up with IBNA
24 November 2014
Gardian Insurance Services, based in Mackay, Queensland, will join Insurance Brokers Network Australia on December 8…
Sportscover targets growth after Hamilton deal
24 November 2014
Melbourne-based Sportscover is seeking acquisitions after agreeing to sell control of its Lloyd’s managing general agency Syndicate 3334 to Bermudian company Hamilton Insurance…