18 February 2013
American International Group has signalled the dark days of the global financial crisis are behind it by today rebranding to AIG Australia, dropping the Chartis Australia brand and adopting a new global slogan…
18 February 2013
Westpac has withdrawn from offering home and contents insurance to people in high flood risk areas unless they have a mortgage with the bank…
18 February 2013
Wesfarmers Insurance has posted a first-half operating profit of $110 million for the six months to December 31 – a vast improvement on the $23 million the division made in the first half of the previous financial year…
18 February 2013
Ansvar is restructuring its management team and may reduce its 124 staff by 10% as it refocuses on its five core business segments…
18 February 2013
Swiss Re has confirmed it is in “early discussions” with WA grain co-operative CBH Group to offer crop insurance next year…
18 February 2013
Calliden Group’s natural catastrophe claims figures have exceeded its first-quarter allowance, but costs are still within annual expectations, it says…
18 February 2013
NRMA Insurance says it has been forced to blacklist car repair shops due to fears for its staff’s safety, poor quality repair work and in some cases outright fraud…
11 February 2013
CGU Insurance says it’s already on top of flood claims from customers in the Queensland city of Bundaberg and surrounding regions…
11 February 2013
Willis is to form a dedicated real estate practice in Australia following the recruitment of four property specialists from Aon…
11 February 2013
Insurance brokers can now approve flood claims of up $7000 under a series of changes announced by Vero to more quickly clear small claims awaiting review…
11 February 2013
US-based global broker Lockton has expanded its Australian reach with the acquisition of Melbourne broker Strategic Insurance & Risk Solutions…
11 February 2013
UK-based broker and underwriting group Hyperion has acquired a 55% stake in specialist marine broker FP Group…
11 February 2013
IAG is a step closer to its ambition of breaking into the Indonesian market, with the insurer opening a representative office in Jakarta…
11 February 2013
Affiliated FM Operations VP Glen Drinnan is moving to Singapore to head the group’s client service operations there…
11 February 2013
Moody’s has downgraded three lenders’ mortgage insurers – QBE LMI and two Genworth companies.
11 February 2013
Dual Australia will begin underwriting public and product liability covers for the mining and resources sector following the acquisition of a business portfolio from Perth-based broker CKA Risk Solutions…
04 February 2013
QBE has denied a report that it plans to cut at least 700 jobs, saying it is reviewing operations and no final position has been reached…
04 February 2013
RAC Insurance has appointed John Stringer as CEO, replacing Mike McCarthy who left in December…
04 February 2013
Macquarie Premium Funding’s bid to become the largest player in Australia’s growing premium funding market is under investigation by the consumer watchdog…
04 February 2013
Berkshire Hathaway has further increased its Australasian exposure by taking on 15% of QBE’s catastrophe insurance quota in the latter group’s annual reinsurance tender covering 30% of its risk…