Aon seals deal with Xchanging
13 September 2010
Major broker Aon has expanded its business relationship with claims processor Xchanging by entering into a new agreement covering its Australian operations…
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AIA’s Australian operations not for sale
13 September 2010
AIG subsidiary AIA has denied its Australian operation is for sale, although the Hong Kong-based insurer continues to move towards an Asian float…
CEO succession report false: QBE
06 September 2010
QBE has denied that former Aon UK CEO Peter Harmer is being lined up to succeed Frank O’Halloran as Group CEO…
OAMPS gets Magnetic
06 September 2010
Wesfarmers subsidiary OAMPS Insurance Brokers has acquired Townsville-based Magnetic Insurance Solutions…
QBE buys Seattle Specialty
06 September 2010
QBE Insurance has acquired mortgage insurer Seattle Specialty Insurance Services through its subsidiary, Sterling National…
Ex-Aon chief ‘lining up to run QBE’
30 August 2010
A UK media report says QBE is “lining up former Aon UK CEO Peter Harmer to succeed Frank O’Halloran as group CEO”…
Disasters and UK hit IAG’s bottom line
30 August 2010
IAG has reported a $493 million profit for the 2010 financial year despite a blowout in natural disaster claims in Australia and problems in its UK operations…
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…
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…