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QBE eyes American growth

12 October 2009

QBE CFO Neil Drabsch has confirmed the insurer is on the acquisition trail in North and South America following a record $1.02 billion first-half profit…

Tower receives a ratings boost

12 October 2009

Ratings agency Standard & Poor’s has lifted Tower Australia’s insurer financial strength and counterparty credit ratings from A- to A…

QBE completes Elders deal

05 October 2009

Elders has completed the sale of its insurance businesses to QBE and will use the $270 million to pay down debt…

Aviva completes sale of Australian arm

05 October 2009

British general insurance giant Aviva has completed the sale of its Australian life and pensions business and wealth management platform Aviva Australia…

Ausure makes a habit out of winning

05 October 2009

Ausure Insurance Brokers continues to dominate the financial services section of the Hunter region’s Fastest Growing Awards, taking out its third win in four years…

Dual opens in Brisbane

05 October 2009

Underwriting agency Dual Australia is opening a new Brisbane office today to cater for its 2000 Queensland clients…

QBE ratings affirmed in the US

05 October 2009

Credit ratings agency AM Best has affirmed the various financial strength ratings of QBE Americas, citing adequate capitalisation and a sound operating performance…

Ex-CGU chief goes to Guild

30 September 2009

Former CGU chief Mario Pirone has been appointed MD of the Guild Group, the Pharmacy Guild of Australia’s specialised insurance, financial, and professional services company…

ANZ shakes up life market with ING buyout

28 September 2009

ANZ Bank is set to become Australia’s third-largest life insurer after negotiating a $1.87 billion buyout of its joint venture with ING Group…

QBE on track for growth in Europe

28 September 2009

QBE’s profile in Europe continues to grow, with a lucrative new deal in France and reported plans to stay firmly on the acquisition trail…

Wesfarmers goes carbon-neutral

28 September 2009

Wesfarmers Insurance is claiming a local industry “first” by making its businesses carbon-neutral…

ANZIIF in Saudi Arabian education initiative

21 September 2009

The Australian and New Zealand Institute of Insurance and Finance has teamed with a local provider to deliver broking and loss adjusting education in Saudi Arabia…

Centrepoint Alliance open for business

21 September 2009

Premium funder Centrepoint Alliance is using a “strong presence” at this week’s National Insurance Brokers Association Convention in Sydney to confirm it is open for business after a turbulent year…

NZ insurance scheme targets identity theft

21 September 2009

New Zealanders will be able to protect their identity against theft, with a credit agency and a local insurer joining forces in a regional first…

UK advisers to scrutinise Suncorp

14 September 2009

Suncorp isn’t yet prepared to name the four advisers being brought in from the UK to help new CEO Patrick Snowball get a handle on the group’s operations…

Car insurance market stagnant, says Virgin

14 September 2009

Competition in the increasingly congested car insurance market is becoming increasingly aggressive, with new entrant Virgin Money accusing its rivals of “taking Australian motorists for a ride”…