… and IAG bids for passage to India
24 July 2007
Rumours of a potential bid from IAG for an Indian insurer have strengthened on reports the Australian insurer has outbid US and German rivals for a slice of the country's…
Corporate
QBE moves into Switzerland
17 July 2007
QBE has acquired two Swiss insurance businesses that will be merged next year to form QBE Switzerland…
S&P cautious on Calliden/AU deal
17 July 2007
Standard & Poor’s has put the Australian Unity general insurance operation’s BBB rating on CreditWatch with negative implications following the decision to sell it to Calliden…
Vero managers in the minority
17 July 2007
Suncorp’s new 10-person team of executive GMs overseeing its commercial insurance business includes only two managers from Vero…
Austbrokers adds another
17 July 2007
Austbrokers’ NSW Central Coast operation has acquired associate company Gosford Insurance Brokers…
Calliden buys Aussie Unity business
10 July 2007
Sydney-based insurer Calliden Group has gained a significant boost in premium and a new major shareholder after acquiring the general insurance business of Australian Unity…
Suncorp names its commercial team
10 July 2007
Suncorp this afternoon announced its new commercial insurance structure and executive leadership team…
Wesfarmers reassures market on Lumley
10 July 2007
Wesfarmers says Lumley’s insurance operation is being “ring-fenced” to ensure the $22 billion purchase of retailer Coles doesn’t impact on its rating…
IAG curries favour: Indian media
10 July 2007
IAG is rumoured to be vying for a slice of Indian insurance firm Housing Development Finance Corp, according to Indian media reports…
Suncorp forms Tassie auto deal
10 July 2007
Suncorp has sold a quarter of its interest in Royal Automobile Club of Tasmania Insurance back to the motoring club, with an “evergreen” option to increase its shareholding to 50%…
Trident chooses a local partner
10 July 2007
Perth-based Trident Insurance Group is now fully backed by QBE Insurance…
QBE bulks up management
03 July 2007
QBE has bolstered its management ranks to promote growth in its corporate and third-party divisions…
Car insurance price war continues
03 July 2007
The motor insurance market is showing no signs of hardening, with insurers continuing to slash rates…
ANZIIF on the move
03 July 2007
A growing membership base and a broader focus has prompted a move for the Australian and New Zealand Institute of Insurance and Finance…
Zurich produces podcast for brokers
03 July 2007
Zurich Australia has produced what it says is the first Australian podcast on insurance issues for SME businesses...
Sportscover on Irish Paddy wagon
26 June 2007
Specialist sports insurer Sportscover has strengthened its international ambitions by setting up a base in Ireland…
RIBA goes national
19 June 2007
The Regional Insurance Brokers Association has expanded its membership to non-Victorian and non-regional members…
Dual results bolstered by Australia and Germany
19 June 2007
Niche insurer Dual Australia continues to gain a significant local market foothold, according to its parent Dual International…
Government agency signs reinsurance deal
19 June 2007
Federal Government agency the Export Finance and Insurance Corporation has signed a reciprocal reinsurance agreement with the Israel Export Insurance Corporation…
IAG ‘green slips’ up, but Suncorp looms
13 June 2007
IAG has clawed back lost ground in the NSW compulsory third party insurance market even as chief rival Suncorp continues to close in on its lead…