Grant Cairns to take the reins at AIG Australia in November
24 July 2023
Melbourne-based Grant Cairns has been appointed AIG Australia CEO and Head of Australia and New Zealand, effective from November...
Corporate
North American storms create ‘additional pressure’ on QBE cat costs
24 July 2023
QBE is sticking to its full-year earnings guidance even as the business anticipates first-half catastrophe cost will take a hit from the North American convective storm events in June...
IAG consolidates ‘some corporate functions’
24 July 2023
A small number of jobs may go as IAG moves some corporate functions to operate within customer-facing divisions...
Insurance House acquires Melbourne Insurance Brokers
24 July 2023
Melbourne Insurance Brokers has integrated with Insurance House, subsidiary brand of Insurance Brands Australia...
Tower slashes annual profit guidance
24 July 2023
Tower says it may post an annual loss as challenges in New Zealand increase claim frequency and hurt profitability...
CCI flags ‘higher’ regulatory intervention risk if scheme of arrangement fails
24 July 2023
Catholic Church Insurance is working to secure approval for its proposed scheme of arrangements to address claims uncertainty, warning there could be “higher risks regarding regulatory intervention” if the plan fails to pass...
Rhodian launches Halo Underwriting
17 July 2023
Rhodian Group launched today its first underwriting agency, Halo Underwriting, after announcing in February it was looking to “create and incubate” agencies in the Australian market...
‘Original insurtech’ Ebix Australia turns 30
17 July 2023
Insurance technology provider Ebix Australia will celebrate three decades of operation on Friday...
QBE names industry veteran as new director
17 July 2023
QBE Insurance Group has named Peter Wilson, who brings 40 years’ experience to the role, as a non-executive director to the board...
IAG finalises reinsurance arrangements
10 July 2023
IAG has secured cover for about a third of its gross claims costs after renewing one of its whole-of-account quota share arrangements with reinsurance provider Hannover Re...
Suncorp confirms reinsurance program as rising cost dictates key changes
10 July 2023
Suncorp has completed its 2023/24 reinsurance program, making key changes as catastrophe protection cost increases after last year’s floods...
Tower retreats from Solomon Islands after 38 years
10 July 2023
Tower Insurance has offloaded its Solomon Islands business to Papua New Guinea’s TransPacific Assurance Limited...
Acquisitions ignite Johns Lyng’s home services growth strategy
10 July 2023
Johns Lyng Group continues to cement its place in the essential home services market with the acquisition of Smoke Alarms Australia and Linkfire...
Axa XL heralds innovation as key to improving claims process
10 July 2023
Axa XL says new technologies and innovation are at the core of transforming how insurers should look to handle and complete claims efficiently...
Workplace injury disruptor continues expansion
10 July 2023
Return to work disruptor Navigator Group continues to recruit insurance veterans to its business, which seeks to reinvent physical and mental injury recovery and get workers back to work faster...
Suncorp joins cyclone pool as deadline nears
03 July 2023
Suncorp says it will provide a reinsurance program update for this fiscal year this month, after announcing it had joined the Federal Government-backed northern Australia cyclone reinsurance pool...
PSC queried over share price movement
03 July 2023
Local listed insurer PSC Insurance Group has responded to an ASX query over the movement of its share price on Friday...
Marsh’s Leney sees new heights at Everest
03 July 2023
US-based Everest Insurance has appointed Scott Leney as Head of Asia Pacific for its International Division...
RACQ decides ‘no longer viable’ to provide Queensland CTP cover
03 July 2023
RACQ Insurane says it will cease participating in the Queensland compulsory third party scheme from the start of October, saying a current scheme review is unlikely to deliver “a level playing field”...
Canopius rolls out global cyber support service
03 July 2023
Global specialty re(insurer) Canopius has launched a global Cyber Incident Management Team, with units set up in Sydney, London and Chicago to offer support to its cyber policyholders...