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…
16 April 2012
After four years QBE has finally struck a deal to buy a slice of respected UK rival Brit Insurance…
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…
16 April 2012
Calliden is achieving significant premium increases in home insurance and strata this year, CEO Nick Kirk says…
16 April 2012
IAG has completed its takeover of Christchurch-based insurer AMI after the Reserve Bank of New Zealand approved the deal…
16 April 2012
Failed New Zealand broker Herbert Insurance may have broken the law, the company’s liquidator has found…
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…
16 April 2012
Ansvar Insurance has pulled out of Standard & Poor’s latest outlook report after the ratings agency gave it a BBB+ rating with a stable outlook…
16 April 2012
Global broker group Lockton has created a more formal relationship with its brokers, which includes Perth and Sydney-based Australian Reliance…
16 April 2012
Reinsurance broker Cooper Gay Australia has appointed Jon Calverley as its new MD…
02 April 2012
Former Axis Specialty COO Tony Wheatley has been appointed CEO of WR Berkley Insurance Australia…
02 April 2012
Suncorp Commercial Insurance has united its direct and intermediated distribution teams under one dedicated division…
02 April 2012
Wesfarmers Insurance has signed an agreement for its New Zealand brokerage Crombie Lockwood to acquire the business of ACM Insurances Limited, trading as ACM Ahlers…
02 April 2012
US media reports say global loss adjuster Cunningham Lindsey could be sold for more than $US1 billion ($960 million)…
02 April 2012
Suncorp has been awarded the title of best home, contents and motor insurer for 2012 by consumer group Choice…
02 April 2012
QBE’s $150 million retail capital raising has been oversubscribed and the allocation to shareholders will be scaled back…
02 April 2012
Insurance Australia Group has completed the bookbuild for its convertible preference share offer…
02 April 2012
Ratings agency AM Best has downgraded the financial strength rating of Ansvar New Zealand’s run-off operator ACS to B+ (Good) from B++ (Good) and its issuer credit rating to “bbb-” from “bbb”…
26 March 2012
Major global loss adjuster Cunningham Lindsey is likely to be sold this year after its two leading private equity owners decided to realise profits…
26 March 2012
The recent string of natural catastrophes in Australia hasn’t deterred Lloyd’s from pursuing business in this country, the market’s most senior manager in the region says…