Zurich reorganises for better broker service
06 December 2010
Zurich Australia’s general insurance arm is to undergo a major transformation in a bid to increase market share by working more closely with brokers…
Corporate
Suncorp restructure gets regulatory approvals
06 December 2010
Suncorp’s proposal to undertake a restructure has received approval from the Federal Treasurer as well as the Australian Prudential Regulation Authority…
Rothbury completes Tasman deal
06 December 2010
Rothbury Insurance Brokers has taken control of Tasman Insurance Consultants after settling the purchase deal with the Insured Group on December 1…
Insured Group creditor payments approved
06 December 2010
Shareholders in the NZ-listed WA-based business Insured Group have approved paying creditors with the company’s shares…
Adjuster applies an app
06 December 2010
MYI Freemans has developed an in-house iPhone application for its loss adjusters…
Court approves Munich Re’s Australian changes
06 December 2010
Munich Re America has received Federal Court approval to transfer its Australian direct insurance contracts to Great Lakes Re in Sydney…
QBE Europe consolidates divisions
29 November 2010
QBE Europe has consolidated its operating structure into three divisions and moved to fill the gap in its underwriting management caused by the move of Chief Underwriting Officer John Neal…
PIH agrees to Centrepoint merger
29 November 2010
Professional Investment Holdings financial advisers have voted in favour of the merger with premium funder Centrepoint Alliance…
Rates will stay stable, says Austbrokers
29 November 2010
Austbrokers Holdings expects premium rates next year will remain “relatively stable”, with modest increases over the rest of the financial year in the SME sector…
InterRisk bolsters SME, affinity business
29 November 2010
InterRisk Australia says it has strengthened its strategic direction with the acquisition of authorised representative group Lyne & Associates…
MYI Freemans moves through merger
29 November 2010
Loss adjuster MYI Freemans yesterday held its first AGM since merging in August last year…
Hollard ‘isn’t quitting Australia’
22 November 2010
The Australian business of international insurer/investor Hollard Insurance isn’t for sale, according to the group’s Chairman Richard Enthoven…
QBE builds US crop cover business
22 November 2010
QBE has paid $US275 million ($277.3 million) for the US general insurance operations of Renaissance Re…
Centrepoint Alliance gets approval for PIH merger
22 November 2010
Centrepoint Alliance shareholders have approved the merger with Professional Investment Holdings…
Insured Group offers shares to creditors
22 November 2010
Listed insurer Insured Group plans to ask shareholders at its AGM in Perth on November 30 to approve paying some creditors with shares to reduce its debt…
Goodbye ‘unworry’ as insurers reposition
22 November 2010
IAG is spending $30 million repositioning a group of key personal lines brands…
Vero expands PI cover
22 November 2010
Vero has upgraded its policy in the super-competitive professional indemnity market, offering a raft of improvements including free legal consultation and compensation for court attendance…
Wesfarmers linked with UK insurer
15 November 2010
Wesfarmers Insurance has declined to comment on a UK report saying the company is “stalking” mid-sized British insurer Barbon…
Positive result for Allianz Australia
15 November 2010
Allianz Australia’s gross written premium rose by 9.4% to $848.9 million in the third quarter ending September 30…
Suncorp announces new unit
15 November 2010
Suncorp has developed a new statutory division in a bid to strengthen its Commercial Insurance leadership team and create greater growth options…