14 March 2011
IAG’s key motoring brands, NRMA Insurance, SGIO and SGIC last night reinvigorated their motor advertising with the launch of a new campaign – “You’re Never Without a Car” – to pitch the benefits of comprehensive insurance cover…
14 March 2011
Primacy Underwriting Agency is developing crop simulation technology to produce yield data for underwriting after discovering the data is no longer available through the Federal Government…
07 March 2011
Dual International has opened an office in Auckland after poaching three top executives from QBE’s corporate and specialist risks division in NZ…
07 March 2011
Bermuda-based reinsurance group Tokio Millennium Re has begun underwriting in Australia following approval from the Australian Prudential Regulation Authority…
07 March 2011
Premium funder Centrepoint Alliance says “significant” half-year losses have been caused by the recent acquisition of Professional Investment Holdings…
07 March 2011
QBE has flagged its lenders mortgage insurance as an avenue for future growth in its Australia Asia Pacific operations…
07 March 2011
Former AIG chairman and Starr International MD Maurice “Hank” Greenberg will cement his company’s position in the Australian market when a subsidiary operation starts work in Sydney next week…
07 March 2011
National Transport Insurance’s head office and Brisbane base has moved closer to the city, outgrowing its former location in a southern suburb…
07 March 2011
Suncorp has announced plans to sell its Brisbane headquarters, the Suncorp Centre, as part of a move to consolidate its Brisbane operations into two locations.…
28 February 2011
QBE has reported a 21% rise in gross written premium to $US13.6 billion ($13.4 billion) for the year ending December 31. But the group’s net profits have fallen 17% to $US1.2 billion ($1.1 billion)…
28 February 2011
QBE has locked in a favourable new reinsurance program for the next three financial years, starting this year…
28 February 2011
Suncorp has blamed a $141 million drop in net profit after tax for the half-year to December 31 on the ongoing impact of natural catastrophes battering Australia and NZ…
28 February 2011
IAG has flagged natural peril claim costs of $540 million for the full year after reporting a net profit of $161 million for the six months to December 31, down 51% due to losses from its UK operations…
28 February 2011
Calliden has reported a net profit of $10.1 million for the year to December 31 and CEO Nick Kirk says the company aims to be a top 10 insurer within the next three years…
28 February 2011
Austbrokers has lifted its full-year forecast after a bumper six-month period saw net profit after tax rise by 20%…
28 February 2011
Major retailer Coles has launched a pilot marketing program on Sydney’s North Shore to raise awareness and boost the market share of. its car insurance offering…
21 February 2011
Wesfarmers Insurance has increased its pre-tax earnings by 12.1% to $65 million for the six months to December 31, with growth in underwriting and broking offsetting claims from…
21 February 2011
Ansvar will stop offering personal line products through its brokers and authorised representatives and focus more on tailored products for its core segment of community organisations…
21 February 2011
Macquarie Group has extended its relationship with the Council of Queensland Insurance Brokers to provide training, resources and access to the group’s products…
14 February 2011
IAG has forecast its half-year net profit will be less than half the previous period’s result because of losses from its UK operations…