Corporate
21 November 2022
QBE says higher than expected catastrophe costs have introduced “some risk” to its full year outlook, with the claims assumption expected to exceed the allowance given continuing elevated peril activity...
21 November 2022
RACQ has appointed Trent Sayers as Group Executive Insurance after he took up the position in an acting capacity mid-year following the departure of Tracy Green...
21 November 2022
Johns Lyng Group has established Disaster Recovery, a new business in response to growing demand for catastrophe repair works...
21 November 2022
Shareholders have approved a change in name at Genworth Mortgage Insurance Australia to Helia Group...
21 November 2022
US-based commercial property insurer FM Global has launched its first “client-centred experiential risk management facility” in Asia Pacific, located at Singapore Science Park...
14 November 2022
Class action settlements totalling more than $126 million have been agreed over the sale of consumer credit insurance sold by Commonwealth Bank of Australia, ANZ and Westpac, legal firm Slater & Gordon says...
14 November 2022
Suncorp CEO Steve Johnston says the insurer’s claims program remains its “best defence against the inflationary forces” at play across the economy as the group affirmed its full-year earnings guidance...
14 November 2022
Genworth Mortgage lnsurance Australia has finalised contractual terms with the Commonwealth Bank of Australia for the exclusive provision of Lenders Mortgage Insurance for CBA’s residential home loan customers...
14 November 2022
Aon has set up a Climate Advisory Council in collaboration with the Climate Change Research Centre at the University of New South Wales...
07 November 2022
AUB Group has been criticised after admitting it has connections to the controversial Adani Carmichael coal mine project in Queensland...
07 November 2022
Gallagher has acquired Melbourne-based JLS Insurance Consulting, founded by Jodi Sharman in 2004...
07 November 2022
Suncorp natural hazard claims costs for the first four months of the financial year have reached an estimated $470-530 million, as flooding continues to affect NSW and northern Victoria...
07 November 2022
AUB Group says UK-based Tysers has been performing ahead of expectations held when it announced the $880 million acquisition of the Lloyd’s wholesale broker, while existing operations have achieved a strong first quarter...
07 November 2022
Crash repairer AMA Group says inflation impacts have been reflected in an interim pricing agreement reached with its largest customer Suncorp for services provided to the insurer by Capital Smart...
07 November 2022
PSC Insurance Group has completed three acquisitions worth $22 million, including another one in the UK where the Melbourne-based brokerage has invested heavily in the last few years...
07 November 2022
Lombard Australia Holdings, the holding company of Assetinsure, has backed Sydney-based FreightInsure’s goods-in-transit insurance which is integrated into the freight booking process of Australia’s carriers...
07 November 2022
Home loan delinquencies and lenders mortgage insurance claims remained “very low” in the third quarter, says Genworth, which is preparing to put a vote to shareholders later this month to change its name to Helia Group...
07 November 2022
Marine Skippers Insurance has introduced single voyage policies for delivery skippers...
31 October 2022
CGU will underwrite ANZ-branded home, landlord and motor policies from July next year, after finalising a “long-term” distribution agreement...
31 October 2022
Lockton has acquired specialist insurance broker Zenith Insurance Services, saying a new Health & Community Services specialty team will “unlock a true national and global footprint of industry specialism”...