Tower merges NZ operations
12 October 2004
Tower is pulling together its NZ operations under one CEO…
Corporate
Gold Seal moves on US
12 October 2004
Queensland-based Gold Seal Risk Management has teamed up with US program underwriting group Lighthouse Companies to offer agents and brokers new professional liability coverage…
QBE not swept up in hurricane
05 October 2004
QBE CEO Frank O’Halloran has assured investors that the four hurricanes which hit the US east coast over the past few weeks will not affect the group’s profit…
Tower will need to build
05 October 2004
Tower Chairman Olaf O’Duill says that once the company has completed the spin-off of its Australian wealth management arm the New Zealand business will need to grow…
Safety award for AAMI
05 October 2004
AAMI has won an Australian Safer Communities Award for its work with the Victorian State Emergency Service…
QBE Mercantile Mutual restructures team
05 October 2004
QBE Mercantile Mutual has a new leadership team after restructuring to align it with new parent QBE…
NIBA prepares to head west
05 October 2004
The insurance industry is preparing to head to Perth in the next couple of weeks for Australia’s premier insurance event – the NIBA Convention…
NTI joins Sunrise Exchange
28 September 2004
Australia’s largest truck insurer, National Transport Insurance, is joining Sunrise Exchange, with its products available through the platform from January…
Tower merges NZ divisions with one chief
28 September 2004
Insurance and wealth management group Tower New Zealand is set to combine its insurance and operations and its investment businesses and replace divisional heads with one CEO…
QBE issues convertible securities
28 September 2004
QBE Insurance Group has issued 20-year zero coupon senior convertible securities to institutional investors, raising $530 million net after expenses…
Vero revamps website
28 September 2004
Vero has launched a new-look website, which it says is based on feedback from brokers about what they need from a website and features that would make their jobs easier…
Austbrokers in acquisition mode
28 September 2004
Sydney-based Robert Williams & Associates has been taken over by John Hallman with assistance from Austbrokers…
Coles Myer looks to insurance
28 September 2004
After announcing last week a net profit of $576.5 million for the year to July 25 – and hailing the success of its petrol retailing scheme, Coles Myer is getting into insurance…
Tower may list Australian wealth arm
21 September 2004
New Zealand company Tower has commissioned a review to decide whether to spin off its wealth management arm in Australia through a separate listing…
Elders takes claims in-house
21 September 2004
Elders Insurance has launched a new in-house claims team…
QBE wins better credit rating
21 September 2004
AM Best has assigned an issuer credit rating of “bbb+” to QBE Insurance Group, the group’s non-operating holding company…
Phillips Fox leads on insurance
21 September 2004
Law firm Phillips Fox is the No 1 company in Australia for insurance and reinsurance legal expertise…
NTI launches repairer scheme
14 September 2004
National Transport Insurance has launched an accredited repairer scheme in a move to raise industry repair standards and ensure higher quality and faster repairs…
New name for GE insurance units
14 September 2004
General Electric has gathered its reinsurance and commercial insurance businesses under one name…
Austbrokers listing mooted
07 September 2004
Cluster group Austbrokers is to be listed by Netherlands-based ING Group in a $100 million initial public offering of $100 million, according to a weekend report…