Aon appoints MD for people risk business
11 March 2013
Aon has appointed Robyn Perkins to the role of MD, People Risk Solutions…
Corporate
QBE staff cuts begin as silence creates confusion
04 March 2013
Up to 150 staff from QBE’s Sydney operations have been notified that they won’t have jobs “within six months” a source has told insuranceNEWS.com.au, while the company will this week advise its Melbourne…
QBE begins long process to change course
04 March 2013
QBE CEO John Neal moved quickly last week to begin a massive operation designed to turn around the group’s lagging performance…
Calliden returns to profit
04 March 2013
Niche insurer Calliden has returned to profitability, driven by a new business model and fewer claims from natural disasters…
Virgin to enter home and contents market
04 March 2013
Virgin Money is confident of cracking the $6.1 billion home insurance market, according to new MD David Curneen…
Centrepoint Alliance sees funding profit rise
04 March 2013
Centrepoint Alliance has posted a pre-tax profit from premium funding of $1.91 million for the six months to December 31, a rise of 44%…
Genworth grows Australian profit
04 March 2013
Genworth Australia’s mortgage insurance operating profit grew to $US62 million ($60.36 million) in the fourth quarter of last year, up 15.5% from $US54 million ($52.57 million)…
Gallagher named CEO Pacific at Guy Carpenter
04 March 2013
Reinsurance broker Guy Carpenter has appointed Tony Gallagher as Pacific Region CEO, based in Sydney…
Cowan appointed Cunningham Lindsey NZ CEO
04 March 2013
Darryl Cowan is the new CEO of Cunningham Lindsey New Zealand, replacing Martyn Norrie, who retired last week…
Tower sells investment business
04 March 2013
New Zealand insurer Tower has offloaded funds management business Tower Investments to Fisher Funds for $NZ79 million ($63.78 million)…
Insured Group replaces auditor, makes another loss
04 March 2013
Insured Group has approved the replacement of its auditor Grant Thornton…
Acquisitions drive Austbrokers profit
25 February 2013
Acquisitions enabled Austbrokers to more than double its profit to $24.5 million in the six months to December 31…
Allianz profits soar
25 February 2013
Allianz has reported a 95.8% rise in net profits to €5.49 billion ($7 billion) for the year to December, with operating (pre-tax) profits up 20.8% to €9.5 billion ($12.18 billion) – its best result since before the…
ACCC gives green light to Pacific Premium takeover
25 February 2013
The Australian Competition and Consumer Commission will not oppose Macquarie Premium Funding’s acquisition of Pacific Premium Funding from GE Capital, having decided the deal will not substantially…
IAG result impresses market
25 February 2013
IAG has reported net profit after tax of $461 million for the six months to December 31, up from $144 million in the previous corresponding period…
Suncorp hails bright first half
25 February 2013
Suncorp’s general insurance gross written premium and net profit soared in the six months to December 31, as the division “outperformed expectations”…
Sunnier outlook as NZ business stabilises
25 February 2013
Vero New Zealand expects to return to pre-earthquake levels of profitability “pretty quickly”, according to CEO Gary Dransfield…
Coles’ car insurance campaign hits road
25 February 2013
Coles has launched a new car insurance marketing campaign…
QBE Re (Europe) scores A+ from Fitch
25 February 2013
Fitch has affirmed its ratings for the QBE group and given QBE Re (Europe) an A+ insurance financial strength rating…
Levinthal joins Experien
25 February 2013
Clive Levinthal has become CEO of Personal and General Insurance at Experien Insurance Services…