Suncorp shines after Larry
23 May 2006
Suncorp’s insurance business has survived Cyclone Larry and it predicts an improved result over the next year…
Corporate
NAB considers insurance options
16 May 2006
National Australia Bank CEO John Stewart is pondering a foray into the general insurance market…
Creditors can file against Gordian (UK)
16 May 2006
AMP and Cobalt Solutions Australia have been given leave to run the Gordian scheme of arrangement past the UK High Court of Justice, with creditors given six months to file claims…
Complainants dog NRMA
09 May 2006
NRMA Insurance, the country’s leading domestic insurer, has topped an online list of Australia’s most complained-about companies as well as being one of its most complimented…
Motor insurer’s ad in racism bingle
09 May 2006
Adelaide-based Royal Automobile Association Insurance has found itself in hot water over its latest TV advertising campaign, which the Advertising Standards Board…
Vero bolsters WA marine division
09 May 2006
Vero National Marine has added three marine and transit insurance underwriters to its marine insurance operations in WA – and dealt another blow to Lumley…
Cyclone Larry doesn’t deter Promina
02 May 2006
Despite claims forecasts of between $40 million and $50 million due to Cyclone Larry, Promina still expects to meet its financial performance targets…
Growth for Marsh in Australia
26 April 2006
Marsh Inc is over the woes it suffered during the past couple of years and is looking at growth areas, such as its Asia Pacific business, to get back on track…
OAMPS on the acquisition trail
26 April 2006
The OAMPS Group has been busy this month following the acquisition of WA-based marine insurance broker Gault Armstrong Kemble…
Lumley still punching in the marine market
19 April 2006
Lumley Australia found out just how competitive the marine insurance market was last October when Vero Marine poached its three top marine managers…
Associated Marine enters NZ market
19 April 2006
Melbourne-based insurer Associated Marine has made its debut in the New Zealand market, setting up a four-person team of specialists in a new Auckland office…
Australian Unity signs up with NZ insurer
19 April 2006
Australian Unity is forming a joint venture with NZ-based Farmers Mutual Insurance to service Australia’s regional insurance market…
Fitch says less regulation is appealing
19 April 2006
Growth might not be the only reason Asia is so attractive to IAG – the region is also less regulation-happy…
QBE not averse to acquiring rivals
11 April 2006
The issue of consolidation seems to be hotting up after QBE Insurance indicated it will consider looking at rivals IAG and Promina if it continues to perform better than them…
Centrepoint buys out OAMPS funder
11 April 2006
A conditional contract between Centrepoint Alliance and OAMPS has been signed to give Centrepoint 100% of OAMPS Premium Funding…
Austbrokers enters agreement with Pacific
11 April 2006
Broking network Austbrokers has entered into a distribution agreement with Pacific Premium Funding to provide its entire premium funding solution…
IAG acquires 98% of Thailand Safety Insurance
04 April 2006
IAG has grown its Thai market share through the successful acquisition of the country’s seventh largest general insurer, Safety Insurance…
QBE hot on the aviation sector
04 April 2006
In its second aviation market initiative in less than a month, QBE has decided to form an aviation underwriting syndicate within its Limit managing agency at Lloyd’s…
Lumley acquires caravan insurer
04 April 2006
Lumley General Insurance has acquired caravan park insurance specialist, Parks Insurance, after a six-year association…
Tower settles PrefSure acquisition
04 April 2006
Tower Australia has settled the purchase of Australian life company PrefSure after regulatory approval from the Foreign Investment Review Board and APRA…