Calliden acquires half of claims company
05 December 2006
The company specialises in motor vehicle accident management, assessing management and claims management for insurance companies and self-insuring corporations…
Corporate
Firmer market at least a year away, says IAG
28 November 2006
IAG says the commercial pricing environment in Australia will remain challenging, with no reprieve expected until at least the end of next year…
Thumbs up for Zurich Academy
28 November 2006
Zurich Financial Services Australia will continue its leadership program, the Zurich Academy, in 2007 after the successful completion of a pilot program this year…
IAG flags more acquisitions
21 November 2006
After its acquisition of British motor insurance broker Hastings and general insurer Advantage in September, IAG now expects its gross written premium growth rate to be greater next year…
Legal eagles go international
21 November 2006
Leading insurance law firm Phillips Fox finally became part of a global insurance law empire yesterday, officially beginning life in an exclusive alliance with the global DLA Piper Group…
Kay new CEO at AAMI
21 November 2006
Promina’s personal lines subsidiary AAMI has appointed former COO Michael Kay to the position of CEO…
Twin Towers: shareholders approve
14 November 2006
Shareholders in trans-Tasman insurer Tower have voted unanimously to split the group’s Australian and New Zealand businesses…
Aon Pacific does its own thing
14 November 2006
Global broker Aon Group has separated its Asian Pacific business from its European, Middle East and African operations in a bid to better serve clients and execute their demands…
FM Global drops premiums
14 November 2006
FM Global is a company that doesn’t mind giving back to its customers after experiencing good times…
IAG opens new call centre
14 November 2006
IAG New Zealand has opened a purpose-built business and call centre in Christchurch…
Promina delivers ACCC submission
07 November 2006
Promina and Suncorp have delivered their submission over their proposed $7.9 billion merger to the Australian Competition and Consumer Commission…
Wesfarmers declares OAMPS deal unconditional
07 November 2006
Perth conglomerate Wesfarmers has declared its $700 million bid for broking network OAMPS free from all conditions – including 90% minimum acceptance…
Abuse claims pit school against Aon
07 November 2006
Brisbane Grammar School is locked in a legal stoush with its insurance broker, Aon, after insurers refused to pay out a successful compensation claim…
Vero buys PI insurer
07 November 2006
Promina subsidiary Vero has entered into an agreement to acquire specialist professional indemnity underwriter APUA…
Suncorp CEO tips more consolidation
31 October 2006
Suncorp CEO John Mulcahy has forecast more consolidation in Australia’s financial services sector as the nation’s big banks prepare to release their results…
Promina shareholder pulls pin fast
31 October 2006
Promina’s largest shareholder, Perpetual Investments, has begun to wind back its exposure following the announcement of the merger agreement with Suncorp…
Calliden on acquisition trail
31 October 2006
Sydney-based Calliden Group has acquired a specialist motor underwriting agency catering for veteran, vintage and classic vehicles, and the learner driver and young driver markets…
It’s mutual: Australian Unity approves changes
31 October 2006
Members of Australian Unity have approved a permanent change to its constitution regarding information disclosure and voting requirements for a demutualisation proposal to be passed…
Axa sales on the up
31 October 2006
Axa Asia Pacific has reported a 93% increase, to $2.19 billion, in net retail fund flows for its Australian and NZ operations for the nine months to the end of September…
Suncorp and Promina do a deal
24 October 2006
After much speculation, debate, commentary and analysis, Suncorp and Promina Group have entered into a merger implementation agreement that is expected to result in…