GI profit rise proves a bright spot for Suncorp
26 August 2013
Suncorp will pursue further efficiencies in its insurance operations after its general insurance profit grew 79% to $883 million in the year to June 30…
Corporate
No let-up in commercial lines fight: Suncorp
26 August 2013
The commercial insurance market is expected to stay competitive, but with rational pricing to support growth, according to Suncorp Commercial Insurance CEO Anthony Day…
US continues its drag on QBE results
26 August 2013
QBE CEO John Neal has expressed disappointment after the group reported a 37% drop in net profit for the six months to June 30…
Nautilus name change points to expansion
26 August 2013
Nautilus Marine Insurance Agency has changed its legal entity to NM Insurance, as it looks to offer a more diverse range of products…
Swiss Re continues work on crop insurance
26 August 2013
Swiss Re says it still aims to develop a crop insurance product for the WA market…
QBE adds overseas directors
26 August 2013
QBE has appointed two non-executive directors from outside Australia, while one of its longest-serving directors has retired from the board…
Cover-More extends Great Lakes tie-up
26 August 2013
Travel insurer Cover-More has extended its underwriting arrangement with Munich Re subsidiary Great Lakes for a further five years…
Wesfarmers profits from rate rises and fewer disasters
19 August 2013
Wesfarmers Insurance has reported a major profit turnaround after a year of premium increases and fewer natural disasters…
Willis to roll out sidecar
19 August 2013
Willis hopes to launch its Global360 sidecar in the next few weeks…
Ball becomes JLT Chairman
19 August 2013
Steve Ball has been appointed Chairman of JLT Australia following two high-profile retirements…
New entrant to focus on food and agriculture
19 August 2013
Dutch insurer Achmea is to launch a greenfield insurance operation in Australia, in co-operation with Rabobank…
Cerno chief Johnson steps down
19 August 2013
Cerno CEO Greg Johnson has left the loss adjuster “to pursue other career opportunities”…
GI delivers strong growth for Commonwealth
19 August 2013
Insurance has contributed $1.03 billion to Commonwealth Bank’s annual profit, up 8% as CommInsure’s general insurance income grew 40%…
QBE pulls plug on NZ LMI
19 August 2013
QBE has announced it will no longer underwrite lenders’ mortgage insurance in New Zealand…
Queensland broker expands through acquisition
19 August 2013
Corporate insurance broker Michael Parker has acquired Toowoomba-based Holland Insurance Brokers…
Suncorp imports motor repair database
19 August 2013
Suncorp has teamed up with UK research group Thatcham to bring online vehicle repair information system Escribe to Australia and New Zealand…
Marsh to unleash SME broker
12 August 2013
Marsh Australia will step up its efforts in the small and medium enterprise space with the launch of a brokerage specifically targeting the market…
Steadfast launches underwriting arm, completes acquisitions
12 August 2013
Steadfast has consolidated its underwriting interests into a new agency business called Steadfast Underwriting Agencies…
Ebix grows international business
12 August 2013
Software provider Ebix says international revenue – including Australia – increased 31.5% in the six months to June 30…
Hannover Re predicts Australian growth amid capital reforms
12 August 2013
Hannover Re expects to write more business in Australia as insurers add cover to meet the new life and general insurance capital requirements…