Suncorp more than doubles profit
30 August 2010
Suncorp has recorded strong full-year results, more than doubling net profit after tax to $780 million, up from $348 million last year…
Corporate
Austbrokers increases profits 14.4%
30 August 2010
Austbrokers Holdings has reported solid growth this year, with consolidated net profit after tax rising 14.4% to $18.2 million…
Calliden posts $6.5 million profit
30 August 2010
Mid-market insurer Calliden has posted a first-half net profit of $6.5 million on the back of a strong underwriting performance…
Zurich sharpens GI operation
24 August 2010
Zurich Australia’s general insurance arm has been revamped to give state managers greater responsibility…
New Chartis CEO takes the helm
23 August 2010
Noel Condon has been appointed as CEO of Chartis Australia, taking over from new Asia-Pacific President and CEO Chris Townsend…
Insurance Advisernet to sell life insurance
23 August 2010
Major brokerage Insurance Advisernet has launched a life insurance and financial planning division that will work with its general insurance brokers…
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23 August 2010
Insurers up, brokers flat at Wesfarmers Insurance
23 August 2010
Wesfarmers Insurance has reported a slight drop in gross written premium for the year ending June 30…
QBE defies pressure on premiums
23 August 2010
QBE has reported strong growth in its premium income for the six months ending June…
CBA’s Suncorp stake now 10%
16 August 2010
Commonwealth Bank has told the Australian Securities Exchange today its shareholding in Suncorp Metway has now reached 10.04%…
QBE and Myer launch latest retail insurance offer
16 August 2010
QBE has teamed with national department store chain Myer to unveil a new retail insurance offering to Australian consumers…
CommInsure profit down 6%
16 August 2010
CommInsure, the Commonwealth Bank’s insurance division, has reported a 6% drop in underlying profit after tax to $299 million for the year…
QBE revises executive structure
16 August 2010
QBE has revised its group executive structure, with Vince McLenaghan moving on from COO and Acting CEO Australia to become CEO of a new Australia-Asia-Pacific division…
Record second quarter for Ebix
16 August 2010
International insurance software and online exchange provider Ebix has reported a record second-quarter net profit of $US14 million ($15.5 million), 56% higher than last year’s earnings…
Rudd’s man moves to Wesfarmers Insurance
09 August 2010
Alister Jordan, the Chief of Staff to former Prime Minister Kevin Rudd, has been appointed to a key strategic role at Wesfarmers Insurance…
McLardy McShane swaps IAA for Steadfast
09 August 2010
Melbourne authorised representative firm McLardy McShane Insurance & Financial Services has opted out of Insurance Advisernet Australia after its directors considered their business…
SLE moves into commercial property
09 August 2010
Underwriting agency SLE Worldwide Australia will be expanding into the commercial property market with a new company, Mobius Underwriting…
Strong premium growth for Zurich in Asia
09 August 2010
Zurich’s Asia-Pacific operations have reported a $US122 million ($133 million) leap in gross premium income for the six months ending June 30…
G4S acquires Western Investigations
09 August 2010
International insurance investigations group G4S Compliance and Investigations has acquired WA company Western Investigations…
Acquisition costs Centrepoint Alliance
09 August 2010
The cost of acquiring Professional Investment Holdings has caused listed premium funder Centrepoint Alliance to miss its forecast break-even target…