IBNA, MacBank sign deal
24 September 2012
Broker group IBNA has chosen Macquarie Relationship Banking to provide banking services for its members…
Corporate
Insurers team with banks to offer Christchurch cover
24 September 2012
Two more New Zealand insurers have announced new arrangements with banks to provide new insurance products for the earthquake-hit Canterbury region…
Insurer introduces ‘build your own’ car policy
24 September 2012
Personal lines insurer Real Insurance has announced a new “build your own” car policy that allows customers to pick their own level of cover, including selecting additional features, the excess…
Tower looking for new partners
17 September 2012
New Zealand insurance group Tower is looking at restructure offers from a range of companies and may even be taken over following an internal review by senior management and investment bank…
UK court approves QBE reinsurance restructure
17 September 2012
A UK court has approved the restructure of QBE’s global reinsurance operations…
Westpac, Lumley provide Canterbury cover
17 September 2012
Westpac and Lumley have teamed up to provide home and contents cover for new developments and full-replacement rebuilds in the Christchurch region, in a move likely to be emulated by ANZ and Vero…
QBE prepares for Elders transfer
17 September 2012
Two actuarial reports have recommended the transfer of Elders Insurance’s business to QBE Insurance…
Australian Unity insurance revenues down
17 September 2012
Australian Unity’s life insurance premiums have fallen, but the dip has been countered by a reduction in claims…
Centrepoint reports good year for premium funding
17 September 2012
Centrepoint Alliance Premium Funding CEO Bob Dodd has hailed a “satisfying year” for the business…
Premium funding boosts Centrepoint Alliance
10 September 2012
Centrepoint Alliance’s premium funding operations made an after-tax profit of $1.64 million for the year to June 30, while the parent reported a loss due to its wealth management business…
Tower increases earthquake claims provision
10 September 2012
New Zealand insurer Tower has warned increased provisions for earthquake claims may wipe $NZ9.4 million ($7.3 million) from its profit for the year to September 30…
New CEOs for Coface Australia and LawCover
10 September 2012
Trade credit insurer Coface Australia has appointed Paul McGahen, the former boss of specialist legal professional indemnity insurer LawCover, as its new CEO…
Lumley turns to local labour for Christchurch rebuild
10 September 2012
Lumley Insurance in New Zealand is recruiting local experts to resolve Christchurch earthquake claims more quickly and efficiently…
Clyde & Co opens for business
10 September 2012
UK-based law firm Clyde & Co has opened its Sydney and Perth offices ahead of schedule, marking the global insurance specialist’s first foray into the Australian market…
YBR loses $6.83 million but revenue up
10 September 2012
Yellow Brick Road has posted a $6.83 million loss for the first half of this year…
Lockton expands to Sydney and eyes new offices
03 September 2012
Global broker Lockton is expanding from its Australian headquarters in Perth, with a new team setting up shop in Sydney…
SFG acquires Parkside
03 September 2012
SFG Australia has acquired Perth-based Parkside Insurance Brokers as part of its strategy to provide a full range of insurance and wealth management services…
Austbrokers and IBNA renew vows
03 September 2012
Broking joint venture A&I Member Services will continue in its current form following an internal review by stakeholders Austbrokers and IBNA…
Vero regaining confidence in NZ
03 September 2012
New Zealand’s second-biggest insurer, Vero, is regaining confidence in the market, with CEO Gary Dransfield telling a business audience in Christchurch the company is “planning to widen our risk appetite”…
Lloyd’s broker establishes local presence
03 September 2012
London-based Lloyd’s broker Bartlett & Company has opened in Sydney to serve its global corporate clients with operations in Australia…