QBE makes North America profit pledge
03 March 2014
QBE Group CEO John Neal says his priority is to “stabilise returns and offer a predictable return to our shareholders”, after assuring markets the company’s North American…
Corporate
Peiris hails record profit for Allianz Australia
03 March 2014
Allianz Australia increased profit by 6% to a record $519 million in the year to December 31…
Premium funding arm lifts Centrepoint performance
03 March 2014
Centrepoint Alliance’s insurance premium funding division has reported a 32% rise in pre-tax profit to $2.5 million for the six months to December 31…
Calliden profit jumps on transformation
03 March 2014
Calliden has revealed plans to enter niche personal lines, after profit soared during its transition from underwriting only to a managing general agency-niche insurer model…
Austbrokers sets up for future growth
03 March 2014
Broker group Austbrokers is confident of a stronger full-year profit after recording an after-tax net profit of $12.8 million in the first half…
iSelect earnings rise as CEO search narrows
03 March 2014
Comparator iSelect has met revised first-half earnings forecasts thanks to higher insurance revenues, and has drawn up a shortlist of candidates for its vacant CEO position…
Partnerships lift Cover-More profit
03 March 2014
Travel insurer Cover-More says first-half profit has soared on premium growth, e-commerce ventures and strong distribution partnerships with agencies such as Flight Centre…
French comes home as Ace Australia-NZ chief
03 March 2014
John French will return to Australia, where he began his insurance career with Ace, to become the company’s Country President of Australia and New Zealand.…
QBE brings in regional underwriting chief
03 March 2014
QBE has appointed Todd Wilhelm as Head of Underwriting Asia-Pacific, to drive growth in the region…
CGU changes to ‘see it through’
03 March 2014
CGU has revised its brand, with blue being dropped from the logo to leave a single green colour, and the tagline “see it through”…
Xchanging posts 10.1% profit rise
03 March 2014
Outsourcing company Xchanging has reported a 10.1% rise in adjusted operating profit to £55.5 million ($103.37 million) for last year…
Insured Group delisted as directors quit
03 March 2014
Insured Group will be delisted by the New Zealand Stock Exchange on March 7…
Altiora changes name to HostSure
03 March 2014
Altiora Insurance Solutions has rebranded as HostSure…
Underwriting purchases ‘on radar’ for Steadfast
24 February 2014
Steadfast is pursuing underwriting acquisitions and investigating a move into retail lines…
Strong performance boosts IAG
24 February 2014
IAG’s profit grew to $642 million in the six months to December 31, up 39% on the corresponding period in 2012, with MD Mike Wilkins saying rate increases are slowing…
Macquarie resurrects Pacific premium funder brand
24 February 2014
Macquarie Premium Funding today rebranded as Macquarie Pacific Funding, a move CEO Stuart White says acknowledges its “dual heritage”…
Suncorp sets strategy to grab commercial business
24 February 2014
Suncorp Group will benefit from rising investment yields, lower reinsurance prices and market disruption this year, according to CEO Patrick Snowball…
Quake costs dent Wesfarmers Insurance earnings
24 February 2014
Wesfarmers Insurance earnings fell 4.8% to $99 million in the first half of this financial year, as Christchurch earthquake cost estimates increased…
The underdog days are over, says Premium Funding
24 February 2014
A privately owned premium funding company says it is “right up there with the majors” thanks to its investment in innovation and technology…
McKenzie takes Cerno operations role
24 February 2014
Cerno has appointed Don McKenzie as Acting COO, adding to his Executive Director – Transformation role as the loss adjuster overhauls its business…