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Signs are good for AIG Australia

11 May 2009

AIG Australia is celebrating a “positive” first quarter and acknowledging the efforts of its US parent to maximise the value of its core businesses and repay US taxpayers...

QBE at top of the global tree

11 May 2009

The QBE Group is now one of the best-performing insurers in the world, according to CFO Neil Drabsch...

Dual forms strategic partnership in Asia

11 May 2009

Underwriting agency Dual Asia has teamed up with leading Hong Kong insurer MSIG to provide professional indemnity and directors’ and officers’ insurance in the territory...

Suncorp makes bank look more attractive

11 May 2009

Amid ongoing speculation that Suncorp will sell its bank to focus on insurance, the group has added commercial property lending to “non-core” banking business it is winding down...

Movement at the top of Marsh

11 May 2009

Marsh Pacific Region Head and Australia CEO David Bidmead is moving to the US, and will be replaced by current Australia COO John Clayton...

AMP buys 5% investment stake in Austbrokers

11 May 2009

AMP Capital Investors has bought a 5% stake in broking cluster group Austbrokers – but the move has little to do with the sort of strategic stakes taken up by major insurers a couple of years ago...

Aviva sale rumours increase

11 May 2009

A speculated $1 billion sale of Aviva’s Australian business is keeping the rumour mill alive, with plenty of media comments quoting unnamed sources...

New CEO for GAB Robins Australia

04 May 2009

Harry Patel has taken over the role of CEO for loss adjusters GAB Robins Australia as former chief David Radcliff prepares to move to the US as COO of the global Cunningham Lindsey Group...

Suncorp appoints senior executive

04 May 2009

Suncorp’s Darren O’Connell has been promoted to Executive General Manager Corporate Portfolio, Commercial Insurance. He replaces John Nagle, who has moved to Lumley General...

MLC gets a pass mark

04 May 2009

Diabolical investment markets in the half year to March 31 cut into profits for National Australia Bank wealth management division MLC, but analysts say the results aren’t bad under the circumstances...

Headwinds slow progress at Wesfarmers Insurance

27 April 2009

Wesfarmers Insurance has reported improved performance from its broking and underwriting activities but expects thinning margins and investment returns to offset improved earnings...

GIO set to switch ad account

27 April 2009

Suncorp subsidiary GIO is in final negotiations to shift its $16 million advertising account from Belgiovane Williams McKay to Leo Burnett, according to ad industry publication AdNews...

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