Nautilus moves west
07 February 2006
Newly founded private pleasurecraft insurance agency Nautilus has expanded its reach, opening an office in WA yesterday…
Corporate
QBE expands its Asian presence
31 January 2006
In keeping with its plans to expand its Asian operations, QBE has purchased Allianz General Insurance (Vietnam) to boost its presence in the Vietnamese market…
IAG in Asian flurry
31 January 2006
The increasingly heated race to acquire Asian businesses hasn’t been limited to QBE, with IAG making some bold steps into the neighbourhood…
Austbrokers integrates Sydney businesses
31 January 2006
Three Sydney Austbrokers’ businesses have been brought together to operate under one licence and share resources…
Dexta acquires four Aon businesses
31 January 2006
Major underwriting agency Dexta Corporation has become Australia’s largest independent insurance agency with premium income of almost $200 million a year after acquiring…
Tower acquires PrefSure
31 January 2006
Tower Australia has agreed to acquire PrefSure Holdings and Life Limited from South African insurance group Liberty for $145 million…
Australian Unity ponders next move
31 January 2006
Australian Unity has distributed a report to its members on the merits of remaining as a mutual or de-mutualising…
IAG continues Asian expansion
13 December 2005
It’s no industry secret that IAG wants to boost its Asian acquisition portfolio, and yesterday the group announced it had taken a step towards achieving its goal by agreeing to acquire…
OAMPS looks outside general insurance
06 December 2005
OAMPS Insurance Brokers has announced the acquisition of the client portfolios of Sydney-based Information Technology Insurance Services and its associated enterprise…
Woolworths sets its sights at insurance
06 December 2005
Giant retailer Woolworths may be set to follow the example of UK and European supermarket chains by offering customers insurance products alongside their groceries…
QBE moves into medical indemnity market
06 December 2005
QBE’s decision to partner with underwriting start-up Invivo Medical has been greeted with enthusiasm by the medical community as a sign that commercial competition is returning…
Tower’s rising, but not quite enough
29 November 2005
Trans-Tasman life insurer and fund manager Tower has reported a net profit of $NZ42.7 million, a figure that doesn’t include the sale of its Australian wealth management business…
Speculation over TIO sale
29 November 2005
In the wake of the Northern Territory Government’s Economic Development Summit last week, and the suggestion that Territory Insurance Office may be put up for sale…
NRMA says smash repairer fight affects brand
22 November 2005
IAG not only has a battle on its hands over the way its subsidiary NRMA Insurance is dealing with smash repairers…
PrefSure put up for sale by parent
22 November 2005
After being approached a number of times by potential buyers, South African life insurance company Liberty Group, the parent company of PrefSure Life, has put the subsidiary…
IAG looks at doubling its size in seven years
15 November 2005
No 1 insurer IAG intends to keep looking for new takeover targets in Asia and other international markets in a bid to boost its long-term earnings growth and double its size…
Insurance claims a keystroke away
15 November 2005
QBE and Ebix have launched a new online claims processing system designed specifically for intermediaries…
Quantrell mounts up
15 November 2005
Melbourne broker Alan Quantrell has moved into the equine insurance world with a new liability product underwritten by QBE…
Australis takes on leading underwriting agencies
08 November 2005
Arthur J Gallagher subsidiary Australis Group Underwriting has acquired InterPacific Underwriting, a move that will double the company’s premium income and make it…
IAG in talks with RACV over JV
08 November 2005
Insurance Australia Group is holding discussions with Victoria’s RACV about the future of its joint venture business, Insurance Manufacturers of Australia…