IMA reports improved margins
11 November 2013
IAG and RACV Insurance joint venture Insurance Manufacturers of Australia has reported strong profitability last financial year…
Corporate
Johnston becomes CFO as Suncorp banks on Nesbitt
11 November 2013
Suncorp Group CFO John Nesbitt will become CEO of Suncorp Bank next month, replacing David Foster, who is to leave the company after 10 years’ service…
Architects’ insurer takes new name
11 November 2013
Planned Professional Risk Services, which is owned by the Australian Institute of Architects, has changed its name to Planned Cover as it expands into new markets and products…
Bugg Goninon switches name
11 November 2013
Tasmanian brokerage Bugg Goninon has begun trading under the new name of Capital Innovation Insurance Group…
Wesfarmers ‘not selling brokerages to Zurich’
04 November 2013
Zurich’s bid for Wesfarmers’ insurance assets does not include the broking side of the business, insuranceNEWS.com.au understands…
Calliden signs BWI reinsurance deal in WA
04 November 2013
Calliden will continue to provide builders’ warranty insurance in WA after agreeing a reinsurance deal with the State Government…
Solid performance puts IAG on target for growth
04 November 2013
IAG says it is on course to meet its premium growth forecast of 5-7% this fiscal year, after a “solid” performance in the opening months…
MGA branches out in Cambodia
04 November 2013
MGA Insurance Brokers is to open its first overseas office in Cambodia, becoming only the second foreign broker in the capital Phnom Penh…
Centrepoint grows premium funding profits
04 November 2013
Centrepoint Alliance’s insurance premium funding business continues to grow through existing and new broker relationships, Chairman Rick Nelson says…
EML opens self-insurance division with Woolies deal
04 November 2013
Workers’ compensation specialist Employers Mutual has launched a national self-insurance division…
Hollard restructure ‘simplifies operations’
04 November 2013
Hollard has announced an internal restructure aimed at simplifying operations and giving better support to partners…
Steadfast weighs up new acquisition candidates
28 October 2013
Steadfast is on the hunt for more acquisitions, including brokers it considered before floating on the Australian Securities Exchange, MD Robert Kelly says…
Berkshire Hathaway joins Willis sidecar
28 October 2013
Willis says Berkshire Hathaway, Hiscox and the People’s Insurance Company of China have agreed to participate in its Global 360 sidecar…
Snowball says Suncorp’s margin is improving
28 October 2013
Suncorp’s general insurance margin continues to improve, CEO Patrick Snowball told last week’s annual general meeting…
Dual appoints MD for Asia
28 October 2013
Dual International has appointed Mark Spadaccini as Regional MD for Asia, responsible for the Hong Kong and Singapore offices…
Centrepoint names new CFO
28 October 2013
Glenn Toohey will become CFO at Centrepoint Alliance from November 1…
Reinsurance keeps Western Pacific moving
28 October 2013
Liquidators of Western Pacific Insurance have used the failed New Zealand company’s first reinsurance payout to fund loss adjusters and pay fees, so assessments can continue…
Steadfast finalises first brokerage hub
21 October 2013
Steadfast is close to announcing its first brokerage hub with the formation of IRS Steadfast in NSW…
Australian Unity prepares for broking launch
21 October 2013
Australian Unity is in talks with a number of brokers as it prepares to start offering general insurance advice…
QBE’s Drabsch stays as his successor withdraws
21 October 2013
QBE Group CFO Neil Drabsch is to delay his retirement because his intended successor, Steven Burns, has decided to leave full-time work…