08 August 2022
Suncorp net profit dropped 34% to $681 million last financial year as the company battled natural catastrophes and volatile investment markets, while the group reported record second-half gross written premium growth...
08 August 2022
Law firm Quinn Emanuel Urquhart & Sullivan has filed a shareholder class action against IAG over its disclosure of potential impacts from pandemic-related business interruption claims...
08 August 2022
Berkshire Hathaway Specialty Insurance is entering the commercial hull market in Australasia, expanding its marine product portfolio in the region...
08 August 2022
Genworth has upgraded its net earned premium guidance and says claims will remain below historical averages this year, though gross written premium will sit below 2021 levels...
08 August 2022
Envest-backed Aviso Group has acquired Townsville-based North Queensland Insurance Brokers, in what it describes as a “milestone investment”...
01 August 2022
Zurich has extended its relationship with underwriting agency NM Insurance with an agreement to provide capacity for Proteus Marine...
01 August 2022
Berkshire Hathaway Speciality Insurance has expanded its global transactional liability underwriting capabilities with the addition of local leadership in the sector...
01 August 2022
McLarens has appointed Darren McKinnon to be its Australian Operations Manager, Adjusting...
01 August 2022
AMA Group says it has contacted all its insurer partners and advised of updated labour rates and cost impacts, and of additional charges for “imposts previously absorbed” as part of pricing negotiations...
01 August 2022
Aviso Broking has acquired family-owned Macquarie Insurance Brokers in eastern Sydney as it continues to pursue expansion opportunities...
01 August 2022
Howden says its newly created partnership with Perth-based insurance broker Unicorn Risk Solutions marks another step forward in its growth plan for Australia and the region...
01 August 2022
Legal Expense Insurance specialist ARAG Services Australia has launched Business Essentials, augmenting its Comfort and Elite range, and costing as little as $260 a year...
25 July 2022
IAG has increased its natural perils allowance for the current financial year and has forecast stronger gross written premium growth and an improved margin following missed guidance in the past year...
25 July 2022
ANZ’s proposed $4.9 billion acquisition of Suncorp Bank is “a reasonably good deal for both parties” and it’s assumed regulatory clearances will be granted, Morningstar Analyst Nathan Zaia says in a research note...
25 July 2022
QBE is “working promptly” to complete its customer remediation program after an internal review found “instances” where pricing promises were not “fully delivered” to policyholders...
25 July 2022
Underwriting agency Agile has launched a leisure travel product, including “comprehensive” covid cover, to be distributed by brokers...
25 July 2022
Ensurance’s re-focus on the Australian market has received a significant boost, as the business moves to sell its UK operations to PSC Insurance Group...
18 July 2022
Suncorp says the $4.9 billion sale of its banking operations will simplify the business and allow it to centre its attention on driving improved performances from its Australia and New Zealand general insurance operations...
18 July 2022
IAG has signed up as a member of the Net-Zero Insurance Alliance, which aims to transition insurance and reinsurance underwriting portfolios to net-zero greenhouse gas emissions by 2050 – consistent with the Paris Agreement on Climate Change...
18 July 2022
Chubb says Amy McKellar and Michelle O’Dowd will jointly lead the Consumer Division in Australia and New Zealand with immediate effect, reporting to Country President Peter Kelaher...