Cunningham Lindsey launches mining team
21 June 2010
Global loss adjusting firm Cunningham Lindsey has expanded its reach in the resources sector, launching a new division specialising in major mining losses…
Corporate
Axa SA puts British life on the table
21 June 2010
French insurer Axa SA is in talks with British entrepreneur Clive Cowdery to hammer out a £2.8 billion ($4.8 billion) deal that would see Axa exit the UK life insurance sector…
QBE buys Argentinian insurer
15 June 2010
US insurer CNA Financial Corporation has completed the sale of its Argentinean subsidiary to QBE’s rapidly growing Americas unit…
New Australia boss for Lloyd’s
15 June 2010
Lloyd’s has selected an internal candidate to replace Keith Stern as its manager in Australia…
Associated Marine unveils new management team
15 June 2010
Associated Marine has reshuffled its leadership ranks following the defection by several executives to a new competitor and the retirement of two long-serving stalwarts…
LMI launches iPhone application
15 June 2010
Risk management group LMI is turning to smartphone applications to help brokers and loss adjusters explain underinsurance to their clients…
IAG in shock downgrade
07 June 2010
IAG will radically realign its UK business and push further rate increases after a shock third profit downgrade this year…
QBE restates its resilience
07 June 2010
QBE has again reassured investors of its ability to deal with large-scale claims events as the Gulf of Mexico oil spill continues to spread and trouble hits the UK motor market…
Calliden and QBE pick up NSW builders’ warranty
07 June 2010
Calliden’s future in the builders’ warranty insurance market appears assured after being appointed to a new state-operated scheme in NSW alongside QBE…
Ebix storms ACORD awards
07 June 2010
Global e-commerce developer Ebix has confirmed its dominance in the insurance software market, winning six gongs at the Association for Co-operative Operations Research and Development…
CTP worries profitable RACQ Insurance
07 June 2010
Personal lines insurer RACQ Insurance has evaded weather event claims and raised premiums to return to profit last year…
Zurich adds financial lines claims team
07 June 2010
Three former Chubb Insurance claims specialists have been recruited by Zurich Financial Services Australia to improve its financial lines offering through a dedicated in-house claims team…
IAG in downgrade
02 June 2010
IAG this morning announced it will radically realign its UK business and push further rate increases after announcing its third profit downgrade this year…
Cluster linked to broker tech firm sale
31 May 2010
Melbourne-based insurance technology firm InsuranceConnect is negotiating its sale to a major cluster group…
Allianz takes stakes in crop underwriters
31 May 2010
Allianz Australia has taken major stakes in specialist crop underwriting agencies Agricola Underwriting Management and Primacy Underwriting Agency as part of a global push into crop insurance lines…
Storms lash Wesfarmers profitability
31 May 2010
Wesfarmers Insurance has downgraded its full-year profit outlook after “unparalleled” storm claims wiped nearly $30 million from its bottom line…
Zurich launches into accident and health
31 May 2010
Zurich Financial Services Australia has launched accident and health cover as part of the insurer’s global push into the business…
Reynolds steps up at Steadfast
31 May 2010
Steadfast Group has announced two senior management changes following the retirement of Executive GM John Phillips…
Ansvar CEO quits
31 May 2010
Ansvar CEO John Peberdy will stand down from the company on July 30 after 12 years in the top job…
AAMI confirms small number of layoffs
31 May 2010
Personal lines insurer AAMI has confirmed the redundancy of 31 roles in the ACT and Tasmania as part of ongoing restructuring across the Suncorp general insurance business…