25 July 2022
ANZ’s proposed $4.9 billion acquisition of Suncorp Bank is “a reasonably good deal for both parties” and it’s assumed regulatory clearances will be granted, Morningstar Analyst Nathan Zaia says in a research note...
25 July 2022
QBE is “working promptly” to complete its customer remediation program after an internal review found “instances” where pricing promises were not “fully delivered” to policyholders...
25 July 2022
Underwriting agency Agile has launched a leisure travel product, including “comprehensive” covid cover, to be distributed by brokers...
25 July 2022
Ensurance’s re-focus on the Australian market has received a significant boost, as the business moves to sell its UK operations to PSC Insurance Group...
18 July 2022
Suncorp says the $4.9 billion sale of its banking operations will simplify the business and allow it to centre its attention on driving improved performances from its Australia and New Zealand general insurance operations...
18 July 2022
IAG has signed up as a member of the Net-Zero Insurance Alliance, which aims to transition insurance and reinsurance underwriting portfolios to net-zero greenhouse gas emissions by 2050 – consistent with the Paris Agreement on Climate Change...
18 July 2022
Chubb says Amy McKellar and Michelle O’Dowd will jointly lead the Consumer Division in Australia and New Zealand with immediate effect, reporting to Country President Peter Kelaher...
18 July 2022
Suncorp New Zealand has made changes to the titles and accountabilities of several senior leaders and appointed Chris Robb to the role of EGM Technology...
18 July 2022
Gallagher has extended its reach into Victoria’s Surf Coast with the acquisition of Torquay-based National Insurance Group...
11 July 2022
IAG has finalised its aggregate reinsurance cover for the financial year after in January renewing its main catastrophe program, which is on a calendar year basis...
11 July 2022
Aviso Broking says it has acquired AIS Insurance, a brokerage based in Tewantin, Sunshine Coast, as the business aims to grow its market presence following its creation earlier this year from a merger of five partner firms...
11 July 2022
Resilience Insurance has launched a latent defects insurance product for high-rise buildings, calling it a “game changer” for the construction industry, amid efforts by governments to strengthen protections for property owners...
11 July 2022
Aon has appointed leaders for two senior Asia Pacific natural resources roles as the energy and mining sector adapts to a changing landscape...
11 July 2022
RACQ will commence a search for a GM Insurance Finance following the resignation of Jeff Wright...
04 July 2022
Suncorp premiums for its reinsurance program for the new financial year have risen significantly as a result of the hardening global market, while the group is increasing its annual natural hazard allowance...
04 July 2022
Steadfast is stepping up its fire protection risk offerings after making a “strategic” investment in Flame Security International, a fire detection specialist headquartered at the University of New South Wales...
04 July 2022
Malaysian regulators have approved the sale of a business in which IAG holds a 49% interest, paving the way for the insurer’s exit from the country...
04 July 2022
Merger and acquisition specialist Fusion Specialty has launched in the UK, with the Australia-founded managing general agency looking to build its global presence after expanding to the US in May...
04 July 2022
Mary-Jane Daly has commenced as AIG New Zealand’s new Chair last week, taking over from Craig Stobo who is retiring after more than 10 years in the role...
04 July 2022
Axa XL has promoted Ana Dores to Chief Underwriting Officer, International Financial Lines, Asia Pacific and Europe...