Steadfast moves on ASX options
04 April 2011
Major broker cluster Steadfast has committed to move forward with plans to list on the Australian Securities Exchange…
Corporate
New platform close to full operation
04 April 2011
The Steadfast Virtual Underwriter reached another milestone late last month when the first business pack policy processed through the electronic platform was bound…
Christchurch earthquake: churches review their future as costs rise
04 April 2011
New Zealand’s church congregations are reviewing the future for many of their buildings following the devastation of the Christchurch earthquake and the cost of higher insurance…
New CEO for MYI Freemans
04 April 2011
Major loss adjuster MYI Freemans has appointed Greg Johnson as CEO…
Zurich signals commitment to NZ with new building
04 April 2011
Zurich New Zealand staff will move into a new headquarters in Auckland in August, firmly reinforcing the company’s decision to stay in the NZ market…
Herbert creditors fire liquidator
04 April 2011
Creditors of Auckland-based Herbert Insurance have voted out the first liquidator appointed to the company…
QBE set to mark 125 years
04 April 2011
QBE will continue its year-long celebrations for 125 years of operation tomorrow at its AGM, where the milestone logo will make another appearance after first being unveiled by QBE Group CEO…
Comedians to boost AAMI’s digital presence
04 April 2011
AAMI has signed a deal to sponsor the website of radio and television broadcasting duo Hamish Blake and Andy Lee…
Westpac revises pricing on home and contents
28 March 2011
Westpac will continue to cover both riverine and flash flooding but will review its pricing following the Queensland floods…
Local disasters to cost Axis more than $270 million
28 March 2011
Axis Capital Holdings has estimated the Christchurch earthquake and Australian weather disasters will cost it between $US275-$US315 million ($271-310 million) this quarter…
Wesfarmers buys NZ broker
28 March 2011
Wesfarmers Insurance’s NZ broking subsidiary Crombie Lockwood is acquiring Christchurch-based broker Fraser Macandrew Ryan…
Vero takes on Wallabies sponsorship
28 March 2011
Vero has taken over parent company Suncorp’s sponsorship of the Australian Rugby Union and the Wallabies national rugby team…
Christchurch earthquake: AMI’s ratings downgraded
28 March 2011
AM Best has downgraded the financial strength and issuer credit ratings of AMI Insurance following the Christchurch earthquake…
A&G Insurance Services launches new price comparison site
28 March 2011
A&G Insurance Services has launched a new price comparison website, Captain Compare, to compare quotes for car insurance, as well as mobile phone plans, broadband deals…
iPhone app for rebuilding costs
28 March 2011
LMI Mobile has launched an iPhone app designed to reduce underinsurance on buildings…
NZ’s Serious Fraud Office investigates failed Herbert Insurance
21 March 2011
New Zealand’s Serious Fraud Office is investigating Auckland-based brokerage Herbert Insurance Group over concerns that premiums have not been transferred to insurers, and clients have been…
Cats hit Munich Re’s regional profit target
21 March 2011
Munich Re’s Australia and NZ business will miss its profit target for 2011 as a result of the company’s exposures to the region’s recent natural catastrophes…
Ebix now world’s largest insurance exchange business
21 March 2011
Insurance technology provider Ebix has recorded a healthy rise in its net income in 2010 to become the largest insurance exchange player in the world, CEO Robin Raina says…
NZ insurer pauses to assess exposures
21 March 2011
NZ-based insurer Western Pacific has temporarily halted acceptance of new business while it assesses its risk portfolio…
Calliden buys builders’ warranty system
21 March 2011
Calliden is taking full control of the Construction Insurance System that it uses for builders’ warranty insurance…