IAG urged to look to China
13 June 2007
IAG should look beyond its recently failed China play to investments in India, according to analysts JP Morgan…
Corporate
Agreement on IBNA and Austbrokers due
05 June 2007
IBNA and Austbrokers are expected to formalise their alliance in the next two weeks…
IAG backs away from China play
05 June 2007
A push by IAG into the Chinese insurance market has been scuppered after concerns were raised over the coming float of its Shanghai-based partner…
Axa cuts PI rates for its advisers
05 June 2007
Axa Australia is giving its licensed advisers a new professional indemnity insurance deal with an annual premium of $225…
Austbrokers member forms joint property venture
29 May 2007
Austbrokers Sydney, a member firm of cluster group Austbrokers, has formed a joint venture insurance broking company with real estate commercial property services firm Jones Lang…
Tower banks on Trans-Tasman split
29 May 2007
The demerger of Tower Insurance into separate entities in Australia and NZ has given the underwriter a one-off fillip in an otherwise flat earnings period…
Siggins signs off
29 May 2007
Industry veteran Gordon Siggins will retire as head of Australian International Insurance Limited on June 30…
Calliden builds claims arm
22 May 2007
Calliden subsidiary Claim Services Australia has boosted its domestic property claims abilities by acquiring Melbourne-based Insurance Claims Solutions…
Ebsworth & Ebsworth scoops award
22 May 2007
Ebsworth & Ebsworth has been awarded the Insurance Specialist Law Firm of the Year at the 2007 Mazda ALB Australasian Law Awards…
OAMPS snaps up UK broker
15 May 2007
Acquisition-hungry OAMPS has expanded its UK footprint, acquiring Surrey broker Whichers Boyland and James…
Truckies drive home road needs
15 May 2007
Australia’s 100,000 truck drivers are being urged by National Transport Insurance to send a special delivery to the Federal and State Governments on road funding…
Stardex extends ties with Axis Specialty Europe
08 May 2007
Sydney-based underwriting agency group Stardex Insurance Group has extended its contract with Axis Specialty Europe until June 30 2010…
New medical insurer on Victorian scene
08 May 2007
Victoria is set to lose and gain a medical indemnity insurer, with the forthcoming merger of market leaders United Medical Protection and the Medical Defence Association…
OAMPS sticks to the acquisition trail
01 May 2007
OAMPS Insurance Brokers has acquired Wideland Insurance Brokers, a wholly owned subsidiary of Agforce, based in the Queensland regional centre of Toowoomba…
Axa completes Winterthur purchase
01 May 2007
Axa has completed its $311 million purchase of Winterthur’s Hong Kong division, adding premiums of about $417 million to its expanding Asia book…
Gaps, greying and rules fire up Axa
24 April 2007
Gaps in insurance cover, the greying population and changes to the regulatory environment will fire future growth, Axa Asia Pacific says…
Zurich moves back to NZ market
17 April 2007
Zurich Financial Services Australia has launched general insurance operations in New Zealand, six years after it walked away from the market…
CommInsure cuts rates
17 April 2007
The Commonwealth Bank insurance arm will slash premiums for life policies by 15%, and general insurance rates may fall later this year…
Robert Harrison retires from Aon
17 April 2007
Aon Australia Pacific non-executive Chairman Robert Harrison has announced his immediate retirement…
Whitlam must pay NRMA for defamation costs
17 April 2007
Former NRMA President Nick Whitlam must pay his former company’s legal costs – possibly reaching $500,000 – over a defamation action he took against the Nine television network…