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NTI reloads leadership team

02 May 2011

Brisbane-based National Transport Insurance has a reshuffled executive team which will provide a stronger focus on claims and new market opportunities, according to GM Sales and Distribution…

IAG to make cuts at troubled UK business

02 May 2011

IAG is restructuring its UK motor underwriting and distribution operations, but has disputed a British insurance media report that up to 185 jobs will be cut…

Bell rings for Vero NZ chief

18 April 2011

Long-serving Vero NZ CEO Roger Bell will step down from the company later this year. He will be replaced on September 30 by Suncorp EGM Retail Distribution Gary Dransfield…

Failed insurer for sale

18 April 2011

The liquidators of New Zealand-based Western Pacific Insurance have appointed a corporate adviser to sell the company, and say the outcome will determine how much can be paid to creditors…

AMI to get government bailout

11 April 2011

Ratings agency AM Best remains concerned about the price of reinsurance for New Zealand mutual insurer AMI Insurance, and will continue to monitor the company…

Austbrokers to launch broking platform

11 April 2011

Austbrokers is set to launch a new technology platform that allows its brokers to obtain multiple quotations from a single set of data…

QBE forecasts 30% insurance profit growth

11 April 2011

Speaking at the group’s AGM last week, QBE Chairman Belinda Hutchinson said the lift in profit expectations is mainly due to growth in premium income from recent acquisitions…

Capital raising for Insured Group

11 April 2011

Insured Group has initially raised $25,000 in convertible notes in its capital-raising but hopes this will grow to $2 million before the end of the month, according to Company Secretary Keith Bowker…

Catastrophes cost Zurich $US500 million

04 April 2011

The various catastrophes that have hit the Asia-Pacific region this year will cost Zurich Financial Services an estimated $US500 million ($484 million)…