Corporate
02 May 2011
Wesfarmers has revealed earnings in its insurance division could fall by more than half this financial year compared to 2010 as a result of the natural catastrophes in Australia and New Zealand…
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…
02 May 2011
Suncorp has rejected media claims that it’s planning to withdraw from the flood insurance market…
02 May 2011
The Australian portfolio of failed New Zealand brokers Herbert Insurance is being sold to PSC Insurance…
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…
02 May 2011
Michael Miller has joined Suncorp Commercial Insurance as CFO after nine years at Perpetual…
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…
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…
18 April 2011
Christchurch-based insurer AMI Insurance has reassured its customers it is financially strong, a week after negotiating a bailout from the New Zealand Government…
18 April 2011
Lumley has boosted its online platform by launching a new management liability product…
18 April 2011
Insured Group has pulled out of its deal to buy 51% of Melbourne-based International Vehicle Integrity Centre…
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…
11 April 2011
Hard-to-place risk is going to be more expensive for some businesses following the liquidation of New Zealand-based Western Pacific Insurance, which has failed following the second Christchurch…
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…
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…
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…
11 April 2011
Australian brokers will be able to benchmark their performance against their British counterparts later this year…
11 April 2011
Calliden will directly handle commercial claims after reviewing claims-handling arrangements with its joint venture partner, Claims Services Australia…
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)…
04 April 2011
Steadfast is to adopt the slogan “Trusted Choice” as it moves to change the emphasis on its members’ services “from giving a quote to giving advice”…