05 February 2024
Suncorp has estimated first-half natural hazard event costs at $568 million following six significant events, and has announced a $107 million reserve strengthening spread across several portfolios because of external challenges facing the industry...
05 February 2024
IAG says it has placed its catastrophe reinsurance program for this calendar year amid a stabilisation in the global market...
05 February 2024
Lloyd’s Regional Head of Australia and New Zealand Chris Mackinnon will broaden his horizons in a new role as Regional Director for the Asia-Pacific, Middle East and Africa markets...
05 February 2024
Underwriting agencies Epsilon, Wellington and Aster say they will be “stronger together” after announcing a merger...
05 February 2024
Howden has acquired bloodstock specialist broker Silks Insurance as it continues its expansion into the equine market...
05 February 2024
Lenders’ mortgage insurer Helia Group’s Chairman Ian MacDonald will retire from the board at the end of his term in May...
18 December 2023
Chubb will no longer offer its Home product in Australia from March 1, the insurer told its intermediary partners last week in a business update, citing difficult market conditions...
18 December 2023
Hollard has cut broker commissions for home and landlord products while QBE has confirmed it will reduce the maximum commission rate for its home offerings sold through the Steadfast Client Trading Platform...
18 December 2023
Credit rating agency Standard & Poor’s has raised its long-term financial strength and issuer credit ratings for IAG to AA from AA-...
18 December 2023
Johns Lyng has clinched its first agreement with a national insurer in New Zealand, signing on to provide building repair services as part of Tower’s panel...
18 December 2023
AUB Group has entered into a partnership with US-based MexBrit/Forte Group following the Tysers acquisition to better support risk placement from brokers in Latin America...
11 December 2023
RACQ is “committed” to its general insurance business, the Queensland motoring club said, after the loss-making division returned to profitability in the last financial year...
11 December 2023
The QBE Group board has appointed Penny James Independent Non-Executive Director, effective from January...
11 December 2023
RACQ Insurance is ceasing to offer cover for rideshare vehicles due to a higher rate of claims related to the transport service...
11 December 2023
Claims manager Gallagher Bassett has been implementing setiment analysis tools to evaluate the quality of customer calls...
11 December 2023
Auckland-based consultancy Fire Research Group has changed its name to Halliwell Fire Research...
04 December 2023
The Australian Prudential Regulation Authority has licensed Brisbane-based Ivory Insurance to operate as a general insurer...
04 December 2023
IAG’s Intermediated Insurance Australia division has launched a new initiative to transform its relationships with broker partners...
04 December 2023
Former Honan Insurance Group CEO Andrew Fluitsma has commenced as Marsh’s Pacific Head of Corporate and Commercial...
04 December 2023
Envest Group-owned subsidiary Resilium Partners has acquired JV Business Insurance in Canberra...