Indonesia remains on IAG’s hit list
07 May 2012
Indonesia remains the missing piece in IAG’s six-country Asian expansion strategy, CEO Mike Wilkins says…
Corporate
Advisernet names new MD
07 May 2012
Adrian Kitchin has been named the new MD of Insurance Advisernet Australia and Insurance Advisernet New Zealand…
Neal gets his team together
07 May 2012
QBE’s restructure of its group executive positions the global company for life after Group CEO Frank O’Halloran retires in August…
Wesfarmers winning market share with its Coles business
07 May 2012
Wesfarmers Insurance says it is converting 40-50% of people asking about insurance through the call centre of giant retailer Coles…
Low funds hamper Western Pacific liquidation
07 May 2012
The liquidators of failed New Zealand insurer Western Pacific Insurance are having trouble dealing with claims because they do not have funds available to hire loss adjusters…
Allianz Global Assistance boosts result
07 May 2012
The higher dollar boosted the local operations of Allianz Global Assistance last year as more Australians travelled abroad, prompting its parent company to earmark Australia and New Zealand…
Lockton dumps Australian Reliance
30 April 2012
Global broker Lockton is to set up in Australia after tearing up its agreement with Australian Reliance…
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…
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…