Rural & General Insurance liquidation nears end
10 December 2012
The liquidation of controversial Sydney insurer Rural & General Insurance should be completed by next April, more than 10 years after it went into run-off…
Corporate
JLT Specialty appoints head of energy
10 December 2012
JLT has appointed Richard Green as MD Energy in the JLT Specialty division…
Euler Hermes appoints new Australasian head
10 December 2012
Trade credit insurer Euler Hermes has appointed Chris Doubé its new CEO of Australasian operations, replacing Babette Bottin…
Boucher named Kinetic chairman
10 December 2012
Former Lloyd’s of London Australian representative Steve Boucher has been appointed non-executive Chairman of UK-based Kinetic Insurance Brokers…
OAMPS appoints ANZ executive as CEO
03 December 2012
OAMPS Australia has appointed ANZ Chief Risk Officer Mike Cutter as its new CEO…
Banker joins Steadfast board
03 December 2012
Broker group Steadfast has appointed former Bank of Queensland CEO David Liddy to its board, strengthening its composition ahead of its sharemarket listing next year…
Austbrokers cashed up and ready to shop
03 December 2012
Austbrokers will continue its strategy of growth through acquisition, with about $20 million available for purchases, according to outgoing CEO Lach McKeough…
Former eBay boss joins IAG board
03 December 2012
IAG has appointed e-commerce specialist Alison Deans to its board as a non-executive director…
Marsh restructures Asia-Pacific division
03 December 2012
Mega-broker Marsh has announced changes to its Asia-Pacific management structure…
Chartis supports new travel platform
03 December 2012
Chartis has partnered with a group of travel industry experts to develop a new online travel insurance product…
Centrepoint makes $3 million in quarter
03 December 2012
Premium funding and wealth management group Centrepoint Alliance made about $3 million in pre-tax earnings for the September quarter, according to MD Tony Robinson…
Tower bounces back from disasters
03 December 2012
Tower has reported a $NZ13.2 million ($10.3 million) after-tax profit for its general insurance business in the year to September 30 – up from $NZ2.5 million ($1.97 million) the previous year…
JLT and Insured Group in payment portal float
03 December 2012
Priority One Network Group – in which Insured Group has a 20% stake – plans to raise $15-$18 million for acquisitions and working capital in a stock exchange float…
Sale to Gallagher will speed SRS growth: Lynam
26 November 2012
The acquisition of Australia’s largest independent Lloyd’s coverholder SRS Underwriting by global intermediary Arthur J Gallagher & Co will enable Brisbane-based SRS to expand its product range…
WR Berkley aligns with QUS
26 November 2012
WR Berkley will issue all insurance polices underwritten by QUS, formerly known as Queensland Underwriting Solutions, from January 1, as the strata market underwriter seeks to expand its market…
Austbrokers’ members buy PB
26 November 2012
Austbrokers’ members Strathearn and MGA have bought out Steadfast member PB Insurance…
MGA raises Queensland presence
26 November 2012
Adelaide-based MGA Insurance Brokers has increased its Queensland premium income to more than $15 million with the purchase of two businesses on the Sunshine Coast…
Ausure completes AFM takeover
26 November 2012
Ausure Insurance Brokers has completed a 12-month project integrating the client portfolios and authorised representatives of AFM, in the process increasing the Ausure business from 90 offices…
Blue Broking remains independent after SRS sale
26 November 2012
Blue Broking, the Brisbane-based brokerage part-owned by SRS Underwriting, will continue to operate as a separate business following the acquisition of SRS by global intermediary Arthur J Gallagher…
Ruralco insurance income jumps
26 November 2012
Major agribusiness Ruralco’s insurance premium income grew $4.6 million to $14.37 million in the year to September…