Employers Mutual expands in hospitality
09 July 2012
Employers Mutual is expanding its workers’ compensation offering to the NSW hospitality industry, restructuring into a new business for hotels and clubs…
Corporate
Ansvar scheme may be ‘attempt to scare policyholders’
09 July 2012
A lawyer who acts for a number of Ansvar claimants in New Zealand says the insurer’s scheme of arrangement “seems like an attempt to scare policyholders into taking less money”…
Chartis brand to vanish as AIG returns to strength
02 July 2012
The Chartis name, adopted by US global insurer AIG in 2009 for its general insurance operations, is to be dropped in favour of the old AIG brand…
QBE cuts jobs in operational revamp
02 July 2012
QBE is shedding staff in its Australia division, but the number of people losing their jobs is closer to 100 than the 1000 claimed last week…
Aon Benfield signs Hobart firm for hailstorm research
02 July 2012
Aon Benfield has signed Hobart-based IT company Oscilmet to research hailstorms…
IAG selects new chief for AMI
02 July 2012
IAG NZ has appointed Matthew Cody as GM of Christchurch-based insurer AMI…
Suncorp appoints new director
02 July 2012
Suncorp Group has appointed Audette Exel as a non-executive director…
OAMPS appoints COO
02 July 2012
OAMPS Insurance Brokers has appointed Mark Emney to the newly created COO position as part of its change agenda…
OAMPS launches trade credit division
25 June 2012
Wesfarmers-owned OAMPS Insurance Brokers has launched a trade credit and financial services division…
McLarens Young NZ switches to Cerno
25 June 2012
Loss adjuster McLarens Young New Zealand will rebrand as Cerno NZ on July 1, following the rebrand of the Australian business 12 months ago…
WA broker Elliot acquires Accord insurance
25 June 2012
Two Perth-based Steadfast brokerages have merged with the acquisition by Elliot Insurance Services of Accord Insurance Brokers Group…
Court approves Ansvar claimant scheme
25 June 2012
The New Zealand High Court has approved a scheme of arrangement devised by ACS (NZ) Ltd, previously known as Ansvar New Zealand, for handling and settling claims arising from the…
IAG adopts UN sustainability principles
25 June 2012
IAG is the only Australian insurer to become a signatory to the United Nations Principles for Sustainable Insurance, joining 26 other insurers worldwide…
NRMA Insurance closes NSW south coast offices
25 June 2012
NRMA Insurance will outsource services at two offices on the NSW south coast and close four other agencies in the area…
Ansvar claimants vote yes, but regulator has doubts
18 June 2012
Ansvar policyholders in New Zealand have voted in favour of a contingency scheme for settling claims should the company’s financial position deteriorate…
Ansvar CEO hits back at local rumours
18 June 2012
Ansvar CEO Andrew Moon has denied rumours the Melbourne-based company is losing business and has staffing issues…
Chartis develops appetite for big property risks
18 June 2012
Chartis will throw its doors open around the world to large commercial property risks by introducing high-limit property covers of up to $US1.5 billion per risk – of which it will be the sole insurer…
Lloyd’s underwriting surplus falls
18 June 2012
Lloyd’s underwriters made a surplus of $323.09 million in calendar 2011, according to the latest general insurance figures from the Australian Prudential Regulation Authority…
EQC reinsurance cost rises 50%
18 June 2012
The Earthquake Commission is paying 50% more for reinsurance this year, but the higher cost of cover is drawing reinsurers to the New Zealand market…
Suncorp expands pricing engine focus
18 June 2012
Suncorp Group has announced it will now use its General Insurance Pricing Engine for all its SME products across its Vero, AAMI, AMP General and GIO brands…