Lloyd’s settles with Names caught in HIH net
01 February 2010
Lloyd’s of London has confirmed that Names who lost money on the syndicates exposed to failed Australian insurer HIH have voted to accept its compensation offer…
Corporate
Aon service to tackle social media risk
01 February 2010
Aon Australia has announced a new service to help clients manage corporate risk associated with social media such as Facebook and YouTube…
NAB gets local nod for surprise Axa bid
17 December 2009
National Australia Bank has gazumped AMP and Axa SA with a $4.61 billion bid for the Axa Asia Pacific Holdings Australian and New Zealand businesses…
AMP, Axa make a ‘final’ takeover bid
14 December 2009
AMP and Axa SA today lifted their bid for Axa Asia Pacific Holdings by 16%, adding another 54 cents a share to the cash component of the takeover offer…
Big American enters motor insurance fray
14 December 2009
Australia’s already highly competitive car insurance market has attracted another operator: American motor insurance giant Progressive Direct…
ANZIIF anticipates strong financial result
14 December 2009
The Australian and New Zealand Institute of Insurance and Finance expects its final audited figures for this year will show the strongest financial result “in recent times”…
Former IAG boss joins Aviva board
14 December 2009
Former IAG CEO Michael Hawker has been appointed as an independent non-executive director of British insurance giant Aviva…
S&P affirms IAG ratings
14 December 2009
Credit ratings agency Standard & Poor’s has affirmed its A+ rating on Insurance Australia Group and AA- on core operating companies, including Insurance Australia Ltd and…
Suncorp appoints CFO and risk chief
07 December 2009
Suncorp has finalised the restructure of its senior executive team by appointing John Nesbitt as CFO and Robert Stribling as Chief Risk Officer…
IAG finalises joint venture in India
07 December 2009
IAG has announced the completion of a $128 million investment in its general insurance joint venture in India…
ANZIIF makes students members
07 December 2009
The Australian and New Zealand Institute of Insurance and Finance is extending its membership ranks by opening the door to students…
Lumley buys NZ marine agency
07 December 2009
Lumley NZ has bought underwriting agency Australis Marine and renamed it the Marine Centre of Expertise…
IAA lifts revenue 15%
07 December 2009
Insurance Advisernet Australia has boosted revenue by 15% in the past financial year – an achievement MD Ian Carr attributes to the company’s “dynamic young brokers”…
NTI confirms board appointments
07 December 2009
National Transport Insurance has confirmed appointments to its board of directors…
Zurich’s Drennan promoted
07 December 2009
Zurich Financial Services Australia has promoted Matthew Drennan to GM Investments…
CGU to replay rap competition
07 December 2009
CGU has confirmed it will continue its rap song competition next year alongside a new version of its popular advertising campaign…
Bradley leaves Club Marine
30 November 2009
Popular Club Marine CEO Mark Bradley has resigned from parent company Allianz Australia…
Snowball gains momentum at Suncorp
30 November 2009
Suncorp Group CEO Patrick Snowball has unveiled his plans to streamline complex insurance functions to deliver a “one company, many brands” strategy…
AIG re-launches as Chartis
30 November 2009
AIG is rolling out its new name, Chartis, throughout Australasia today…
Austagencies picks up Tasman Underwriting
30 November 2009
Austbrokers Holdings underwriting agencies division Austagencies has acquired professional indemnity specialist Tasman Underwriting, formerly part of the Australis group…