Affiliated FM offers new green cover
22 September 2008
Affiliated FM has introduced environmental insurance cover to compliment its standard property policy...
Corporate
RACV Insurance profit slumps
15 September 2008
Deteriorating investment returns and increased severe weather claims have impacted RACV’s insurance returns in the last financial year...
Zurich program to overcome talent shortage
15 September 2008
Zurich Financial Services Australia has launched a cadet program to help source and develop the next generation of industry workers...
Suncorp takes flak over debt
15 September 2008
Suncorp is under fire this week from financial writers and analysts – and it has very little to do with its insurance arm...
New underwriting agency opens
15 September 2008
New underwriting agency Lawsons Underwriting Australasia officially opened on September 9 with offices in Sydney and Perth after obtaining its financial services licence...
New cover helps businesses go green
15 September 2008
Half of the senior executives surveyed by Ace Insurance expect environmental liabilities to rise in coming years, so the company’s Australia and NZ CEO, Steve Crouch, says…
SLE Worldwide closes, but locally it’s business as usual
08 September 2008
Global sports, leisure and entertainment underwriting agency SLE Worldwide is closing its doors, saying its business is unsustainable...
Three IAG directors retire in reshuffle at the top
08 September 2008
The IAG reshuffle continues apace, with three directors announcing their retirement...
Calliden relaunches new online package
08 September 2008
Insurer Calliden has relaunched its software package offering a real-time transaction service on the Sunrise Exchange platform and given it a new name – Callibrate...
Big claims drag Suncorp profit down
01 September 2008
Suncorp’s full-year net profit has slumped 48% due to a big spike in weather-related claims, but the bancassurer is taking heart from continued growth in its commercial lines businesses...
Austbrokers banks 14% profit increase
01 September 2008
Austbrokers has reported an increase in net profit of 14%, helped along by the contribution of major brokers Rivers and Strathearn...
AMP profit beats predictions
01 September 2008
AMP has exceeded analysts’ expectations despite recording a 22% decrease in first-half net profit of $366 million...
Suncorp announces management changes…
01 September 2008
Suncorp has made several changes to its senior management tier after Personal Insurance Group Executive Robert Belleville confirmed his intention to retire...
… with job cuts on the cards at Suncorp
01 September 2008
Insurance staff at Suncorp aren’t expected to be affected by the announcement to cut an unspecified number of jobs at the Brisbane-based bancassurer...
S&P affirms IAG ratings
01 September 2008
Standard & Poor’s has affirmed its ratings of A+ on IAG and AA- on its core operating companies including IAG New Zealand, based on management initiatives…
New insurance deal for Allianz
01 September 2008
Allianz Australia has announced its second affinity deal in two weeks by agreeing to distribute general insurance products to members of The Greater Building Society...
Contrasts in results for IAG and QBE
25 August 2008
Major insurer IAG has reported a record loss for the June financial year, while one-time suitor QBE has achieved an impressive result in a difficult market...
IAG takes the pain with $261 million loss
25 August 2008
IAG has revealed few surprises in reporting a full-year loss of $261 million, which includes nearly $400 million of restructuring and impairment charges...
QBE zooms in on international markets
25 August 2008
QBE has announced a profit dip of 7% for the first half of the year ending June 30, blaming substantially weaker equity markets and the strengthening of the Australian dollar...
Wesfarmers profits up but insurance suffers
25 August 2008
Wesfarmers’ insurance division has posted increased profits despite the struggles of its Lumley subsidiary...