Corporate
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…
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…
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”…
25 February 2013
Vero New Zealand expects to return to pre-earthquake levels of profitability “pretty quickly”, according to CEO Gary Dransfield…
25 February 2013
Coles has launched a new car insurance marketing campaign…
25 February 2013
Fitch has affirmed its ratings for the QBE group and given QBE Re (Europe) an A+ insurance financial strength rating…
25 February 2013
Clive Levinthal has become CEO of Personal and General Insurance at Experien Insurance Services…
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Westpac has withdrawn from offering home and contents insurance to people in high flood risk areas unless they have a mortgage with the bank…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…