Brought to you by:

Corporate

Support group absorbs Zurich arm

02 August 2005

Sydney-based financial services provider Paragem Partners has acquired Zurich Australia’s licensee support service business, Zurich Solutions, which trades as DBOS…

More international growth for QBE

02 August 2005

QBE has bought US insurer National Farmers Union Property and Casualty and its subsidiary United Security Insurance in a move that will increase the company’s…

IAG adds a top-level manager

02 August 2005

IAG has made some more changes to its top-level executive team, adding a new position to support international expansion, the planned retirement of the Deputy CEO…

New player set to launch

26 July 2005

Nautilus Marine Insurance Agency – managed by former managers of top-performing Allianz Australia subsidiary Club Marine – will be launched on the Australian market…

Promina announces new exec line-up

19 July 2005

Promina has announced a new executive line-up that will see the diversified financial services provider managed by an executive management team of six…

MLC sweeps up Hong Kong interests

12 July 2005

Life insurer MLC has purchased the remaining interests in its Hong Kong subsidiary, HKMLC Holdings, for $148 million…

Strong result buoys FMG

28 June 2005

New Zealand-based agricultural insurer FMG has posted a profit before tax of $NZ20 million for the year to March 31 – a good rise on the previous year’s $NZ12.6 million…

Tower’s not leaning

21 June 2005

Just 18 months after being on the brink of a financial precipice, trans-Tasman insurer Tower has announced a healthy profit result for the six months to March 31…

CSR to sue insurers

21 June 2005

Sugar and building products company CSR is predicting steady future profits, and with trials against some 60 Australian, US and European insurers pending…

Suncorp confident of forecast

15 June 2005

Suncorp has stood by its previous forecast for a “substantial” increase in profit for this financial year from $784 million last year, and expects to outperform the market…

IAG acquires Thai insurer

15 June 2005

IAG has firmed its foothold in Thailand with the acquisition of a second Thai general insurer, Royal & SunAlliance…

Horsell International on acquisition trail

15 June 2005

Sydney-based Horsell International has announced it will acquire Beacon & Move Insurance Brokers and Consultants as it makes further inroads into the commercial/SME segment…

Gold Seal expands

15 June 2005

Sydney-based Gold Seal Risk Management Services expanded its services to the United States…

New insurer posts strong profit

07 June 2005

Following its first year under new ownership and management, specialist general insurer Assetinsure has announced a profit of $11.9 million after tax for last year…

Tower gets thumbs up

07 June 2005

AM Best has affirmed the financial rating of A- for Tower Insurance and the issuer credit rating of BBB-…