14 April 2014
The heavy motor insurance market is undergoing some big changes, with Sydney-based underwriting agency Savannah Insurance the latest to exit and Hollard set to buy 50% of Austruck Insurance…
14 April 2014
Austagencies is amalgamating four specialist underwriting agency brands into its new Sura Hospitality agency, as it moves to increase capacity for clients in the sector…
14 April 2014
Arthur J Gallagher is offering up to 21.8 million shares of its common stock to cover the cost of buying the Wesfarmers’ broking businesses and associated premium funding companies…
14 April 2014
Global broker Lockton has named two Australians on a new seven-member regional board tasked with driving the next stage of its Asia-Pacific growth plan…
14 April 2014
Calliden plans to introduce new distribution channels and look to increase business through joint venture agency investments…
14 April 2014
Genworth Financial has forecast a 5% increase in net profit to $231.1 million for its Australian lenders’ mortgage insurance business this year, as it prepares to sell up to 40% of Genworth LMI…
14 April 2014
Claims manager Stream Group listed on the Australian Securities Exchange on Friday, opening at 24 cents…
07 April 2014
Wesfarmers was well advanced with plans to sell its insurance broking companies through a public listing when US-based global broker Arthur J Gallagher initiated…
07 April 2014
US broker Arthur J Gallagher has acquired Auckland-based Mike Henry Insurance Brokers for an undisclosed sum…
07 April 2014
CGU and subsidiary Strata Unit Underwriters are to fund risk assessments across all residential strata properties they insure in north Queensland, before reviewing premiums…
07 April 2014
Hollard will recycle capital from the sale to Steadfast of its share in Nautilus Marine “to finance the next wave of insurance entrepreneurs”, according to MD Richard Enthoven…
07 April 2014
Maurice Blackburn is considering a class action against QBE over the plunge in the insurer’s share price in December after it revealed it would report an annual loss of about…
07 April 2014
QBE claims the turnaround of its North American business is “on track” after the division posted a $US482 million ($521 million) underwriting loss last year…
07 April 2014
Centrepoint Alliance will raise $11.4 million through an entitlement issue, to fund expansion and strengthen its balance sheet…
07 April 2014
Catlin Australia has begun to underwrite Assetinsure’s professional indemnity portfolio after the business was transferred last Tuesday…
07 April 2014
Steadfast has unveiled its first Tasmanian hub, created through the merger of ANCA Insurance Brokers and Saunders Higgins Insurance Brokers…
07 April 2014
InterRisk has acquired Atlas Insurance Brokers for an undisclosed sum, as it looks to grow its Queensland presence…
07 April 2014
Suncorp has had a strong response to its convertible preference share offer, raising $360 million from institutional investors in a week…
07 April 2014
Loss adjuster Cerno has appointed Jim Jobson as COO, effective from next Monday…
31 March 2014
IAG has moved closer to completing its $1.845 billion acquisition of Wesfarmers’ underwriting business after the Australian Competition and Consumer Commission…