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Rising catastrophe costs introduce QBE outlook risks

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...

Trent Sayers appointed RACQ insurance leader

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...

Genworth finalises new CBA contract

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...

AUB slammed over Adani links

07 November 2022

AUB Group has been criticised after admitting it has connections to the controversial Adani Carmichael coal mine project in Queensland...

AUB reports strong quarter; Tysers ahead of expectations

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...

PSC splashes $22 million on acquisitions

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...

Lombard invests in local insurtech FreightInsure

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...

Genworth says LMI claims still 'very low'

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...

CGU signs distribution deal with ANZ

31 October 2022

CGU will underwrite ANZ-branded home, landlord and motor policies from July next year, after finalising a “long-term” distribution agreement...

Lockton acquires Zenith

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”...