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QBE muscles in on US reinsurance market

09 June 2009

The erosion of AIG’s position in the US reinsurance market appears to be opening up some opportunities for QBE’s reinsurance operations...

Boss buys underwriting agencies

09 June 2009

Former Stardex Insurance Group-owned underwriting agencies SLE Worldwide Australia and Pacific Underwriting Corporation have been bought by SLE MD Brad French...

Suncorp restructure could signal split

01 June 2009

Suncorp’s proposed move to a non-operating holding company structure has added to speculation that the group’s bank is being primed for sale – a move analysts say must happen...

Tower Australia profit falls by 12%

01 June 2009

Tower Australia has reported a 12% fall in first-half profit but the company is upbeat about future prospects due to a growing market for life insurance...

Tower NZ lifts half-year profit by 32%

01 June 2009

New Zealand-based Tower Limited has announced a $NZ26.6 million ($21.1 million) net profit for the half year to March 31, up 32% on the corresponding period last year...

Insurers listed as top choices for women

01 June 2009

Insurers Allianz Australia, RACV and medical indemnity insurer Avant have been named employers of choice for women by a Federal Government agency...

Lumley trims top ranks

25 May 2009

Two senior executives have departed Lumley General Insurance following a company review headed by CEO Vivek Bhatia...

Hardie avoids compensation fund contribution

25 May 2009

A $US45 million ($58 million) loss in net operating cash flow has allowed James Hardie to avoid contributing to the Asbestos Injuries Compensation Fund this year...

OAMPS picks up first life partner

25 May 2009

OAMPS Insurance Brokers has begun the expansion of its life insurance broking network by partnering with Coles Financial Group in Tasmania...

NZI turns 150

25 May 2009

Auckland-based NZI celebrated its 150th birthday on Thursday...

First Australian elected as WBN Chairman

25 May 2009

A Melbourne insurance broking executive has been appointed Chairman of the Worldwide Broker Network, the world’s largest association of privately owned insurance brokers...

Back office outsourcing move predicted

25 May 2009

Australian insurers are likely to move to outsource their back office operations to focus on core trade with clients, a leading claims manager has forecast...

Allianz Australia profit falls 26%

18 May 2009

Allianz Australia’s first-quarter operating profit has dipped to $54 million, down 26% compared with the corresponding period last year...

OAMPS seeks life partners

18 May 2009

OAMPS Insurance Brokers has ramped up its commitment to life insurance with plans to recruit up to 60 independent adviser partners within the next year...

Gloom is good for Comminsure life sales

18 May 2009

The economic downturn’s influence on a resurgence in life insurance has helped market leader Comminsure report 23% growth in first-quarter premiums, which climbed to...

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