CBA expects steady business conditions
07 October 2013
Commonwealth Bank has forecast little change to its business environment this fiscal year, with competition expected to remain strong…
Corporate
Bardsley joins Guy Carpenter
07 October 2013
Former Calliden senior manager Steve Bardsley has been appointed Senior VP at Guy Carpenter…
Suncorp returns to Roma
30 September 2013
Suncorp has begun writing new home and contents cover in Roma, 16 months after putting an embargo on the Queensland town for its lack of progress on flood mitigation…
Axis to form new Lloyd’s syndicate
30 September 2013
Axis is to launch a Lloyd’s syndicate that aims to start writing business from January 1…
GPG sells out of Tower
30 September 2013
Investment company Guinness Peat Group has sold its 33.6% stake in Tower for $NZ118.3 million ($105.26 million)…
Wesfarmers aims for broking acquisitions, underwriting gains
30 September 2013
Wesfarmers Insurance will target higher returns from underwriting and bolt-on acquisitions in broking this year…
Austbrokers predicts further growth
30 September 2013
Austbrokers has forecast “moderate” growth for this financial year after adjusted profit gained 17% in the year to June 30…
Aon announces expansion plan
30 September 2013
Aon is to open three new branch offices as it looks to extend its regional network…
Allianz picks Sartorel to head Asia-Pacific
30 September 2013
Allianz has appointed George Sartorel as CEO of the Asia-Pacific region…
Lumley reaches milestone in accident and health review
30 September 2013
Lumley has completed the first phase of its accident and health portfolio review and lifted its embargo on new business for the individual accident and sickness product…
Allianz signs travel cover deal with CUA
30 September 2013
Allianz Global Assistance will provide travel insurance to financial services group CUA…
QBE makes flood cover mandatory
23 September 2013
QBE is to include flood cover as standard in home and contents policies from December, with no option to opt out…
Woolies aims to double policy numbers
23 September 2013
Woolworths says it plans to double the number of insurance policies it sells this financial year, following strong growth in the previous 12 months…
Wesfarmers dismisses report of Bunnings tradies’ cover
23 September 2013
Wesfarmers has denied market rumours that it plans to offer insurance to tradesmen through its Bunnings hardware chain…
Civic hopes for reinsurance settlements in new year
23 September 2013
New Zealand local government insurer Civic Assurance expects arbitration with two reinsurers to be settled early next year…
Lambrou becomes CEO as Aon Australia restructures leadership
23 September 2013
Aon Australia has split the roles of CEO and chairman, and appointed Lambros Lambrou as CEO…
Ibbotson returns with Arthur J Gallagher
23 September 2013
Former QBE global head of distribution Terry Ibbotson has returned to the local market as Group Commercial Director at Arthur J Gallagher Australia…
Tower to pay investors $60 million from life sale
23 September 2013
Major New Zealand insurer Tower will return an initial $NZ70 million ($61.8 million) of capital to investors following the sale of most its life insurance business…
Allianz Global Assistance appoints NZ chief
23 September 2013
Travel insurance and emergency assistance specialist Allianz Global Assistance has appointed Philip Hibbert as CEO for New Zealand…
Austbrokers Phillips goes west with workers’ comp move
16 September 2013
Melbourne-based Austbrokers Phillips has expanded interstate, opening a workers’ compensation consultancy in Perth…