IBNA platform renamed and revitalised
30 April 2012
IBNA has renamed and relaunched its troubled broker management system and is looking to add insurers to the system…
Corporate
Zurich reassures brokers as Doyle moves to Dual
30 April 2012
Zurich’s leaders have moved quickly to assure brokers and customers that the group’s Australian general insurance business “won’t miss a beat” following the surprise resignation of CEO Shane…
Balmforth retires from AMI
30 April 2012
John Balmforth, CEO of Christchurch-based insurer AMI, retired from the company on Friday following IAG’s $380 million takeover…
Floods, cyclone hit RACQ Insurance
30 April 2012
RACQ Insurance still managed to deliver a $42.93 million underwriting profit for the year to December 31 despite $600 million in claims expense following the year’s floods and Cyclone Yasi…
Ansvar says all NZ claims will be paid
30 April 2012
Church-based insurer ACS (NZ) Ltd, the former Ansvar New Zealand, says its new “contingent scheme of arrangement” aims to ensure all claims against it are paid in full…
HDI-Gerling Australasia appoints new chief
30 April 2012
Stefan Feldmann has been appointed MD and Agent of industrial insurer HDI-Gerling in Australasia…
Zurich starts yet another CEO search
23 April 2012
Zurich has begun the search for a new chief executive for its Australian general insurance operation following the resignation on Friday of CEO Shane Doyle…
IAG enters Vietnamese market
23 April 2012
IAG has conditionally agreed to acquire 30% of Vietnam-based motor insurer AAA Assurance Corporation…
Ansvar puts NZ contingency plan in place
23 April 2012
Church-based insurer ACS (NZ) Ltd, the former Ansvar NZ, will ask policyholders to approve a scheme to manage their claims if the struggling insurer goes under…
Business wins at Wesfarmers
23 April 2012
Wesfarmers’ insurance division has tasted success recently with broker OAMPS and insurer Lumley winning significant accounts…
Insurance law specialists move
23 April 2012
Eight insurance law specialists at Melbourne law firm Monahan + Rowell – including two partners and their teams – have quit to join Moray & Agnew’s Melbourne office…
Moody’s puts Genworth on review
23 April 2012
Moody’s Investor Service has put the financial strength ratings of Genworth Australia on review for a possible downgrade after the lenders’ mortgage insurer warned of a first-quarter loss…
RGL Forensics opens Sydney office
23 April 2012
Global accounting firm RGL Forensics has opened a Sydney office, with Ryan Carruth as head…
Expenses come into focus at QBE
16 April 2012
Incoming QBE Group CEO John Neal has signalled a leaner and meaner company with an increased focus on containing expenses when he takes over the reins of Australia’s largest insurer from Frank O’Halloran…
At last, QBE get its man with Brit deal
16 April 2012
After four years QBE has finally struck a deal to buy a slice of respected UK rival Brit Insurance…
IAG cleared to buy Kurnia
16 April 2012
IAG has conditionally agreed to acquire Malaysian insurer Kurnia after receiving regulatory approval, giving it a leading position in the Malaysian motor insurance market…
Calliden sees rates heading up
16 April 2012
Calliden is achieving significant premium increases in home insurance and strata this year, CEO Nick Kirk says…
IAG completes AMI takeover
16 April 2012
IAG has completed its takeover of Christchurch-based insurer AMI after the Reserve Bank of New Zealand approved the deal…
Herbert Insurance liquidator finds possible legal breaches
16 April 2012
Failed New Zealand broker Herbert Insurance may have broken the law, the company’s liquidator has found…
Insured Group flags ASX listing
16 April 2012
Perth-based Insured Group plans to raise $2.25 million and list on the Australian Stock Exchange while delisting from the New Zealand exchange…