Corporate
14 November 2022
Class action settlements totalling more than $126 million have been agreed over the sale of consumer credit insurance sold by Commonwealth Bank of Australia, ANZ and Westpac, legal firm Slater & Gordon says...
14 November 2022
Suncorp CEO Steve Johnston says the insurer’s claims program remains its “best defence against the inflationary forces” at play across the economy as the group affirmed its full-year earnings guidance...
14 November 2022
Genworth Mortgage lnsurance Australia has finalised contractual terms with the Commonwealth Bank of Australia for the exclusive provision of Lenders Mortgage Insurance for CBA’s residential home loan customers...
14 November 2022
Aon has set up a Climate Advisory Council in collaboration with the Climate Change Research Centre at the University of New South Wales...
07 November 2022
AUB Group has been criticised after admitting it has connections to the controversial Adani Carmichael coal mine project in Queensland...
07 November 2022
Gallagher has acquired Melbourne-based JLS Insurance Consulting, founded by Jodi Sharman in 2004...
07 November 2022
Suncorp natural hazard claims costs for the first four months of the financial year have reached an estimated $470-530 million, as flooding continues to affect NSW and northern Victoria...
07 November 2022
AUB Group says UK-based Tysers has been performing ahead of expectations held when it announced the $880 million acquisition of the Lloyd’s wholesale broker, while existing operations have achieved a strong first quarter...
07 November 2022
Crash repairer AMA Group says inflation impacts have been reflected in an interim pricing agreement reached with its largest customer Suncorp for services provided to the insurer by Capital Smart...
07 November 2022
PSC Insurance Group has completed three acquisitions worth $22 million, including another one in the UK where the Melbourne-based brokerage has invested heavily in the last few years...
07 November 2022
Lombard Australia Holdings, the holding company of Assetinsure, has backed Sydney-based FreightInsure’s goods-in-transit insurance which is integrated into the freight booking process of Australia’s carriers...
07 November 2022
Home loan delinquencies and lenders mortgage insurance claims remained “very low” in the third quarter, says Genworth, which is preparing to put a vote to shareholders later this month to change its name to Helia Group...
07 November 2022
Marine Skippers Insurance has introduced single voyage policies for delivery skippers...
31 October 2022
CGU will underwrite ANZ-branded home, landlord and motor policies from July next year, after finalising a “long-term” distribution agreement...
31 October 2022
Lockton has acquired specialist insurance broker Zenith Insurance Services, saying a new Health & Community Services specialty team will “unlock a true national and global footprint of industry specialism”...
31 October 2022
Direct insurer Achmea Australia says flood cover is “built in” to its farm policies, while other leading underwriters have confirmed they don’t cover the risk...
31 October 2022
Suncorp and RACQ have entered into a partnership with the Queensland $741 million resilience program, allowing policyholders to access funds to build back better at the same time as insurance repair work required after recent catastrophes is completed...
31 October 2022
New Zealand’s Tower has completed the sale of its stake in its Papua New Guinea subsidiary to Alpha Insurance for 22 million kina...
31 October 2022
Roy Morgan has announced IAG-backed NRMA Insurance as the insurance sector winner of its inaugural Trust Brand Awards...
24 October 2022
IAG says inflation continues to be a feature of the Australian and New Zealand economies and a doubling of natural catastrophe claims last financial year has been followed by further claims from latest flooding across NSW, Victoria and Tasmania...