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Corporate

Johns Lyng wins NSW flood recovery contract

04 April 2022

Building services provider Johns Lyng Group (JLG) says it has been contracted by the NSW Government to lead its recovery response to the February/March flood catastrophe...

QBE restructures Australian business

28 March 2022

QBE has “reorganised its Australian operating model” around two broad customer segments – Consumer and Business – as part of aims to enhance customer value and experience...

Tower provides Tonga tsunami, Cyclone Dovi update

28 March 2022

Tower says it has received 288 claims from the Tonga volcanic eruption and tsunami as well as 762 claims triggered after the remains of Cyclone Dovi hit parts of New Zealand’s North Island in February...

AM Best lifts Ansvar outlook to stable

28 March 2022

AM Best has revised its outlook for Ansvar Insurance to stable from negative and affirmed its A- rating after increased financial and reinsurance support provided to Ansvar by its UK-based owner Ecclesiastical Insurance Office...

Youi operating profit slides 69% on natural catastrophes

21 March 2022

Youi Australia first-half operating profit slipped 68.8% to $15 million following a higher number of catastrophe claims and a change in reinsurance arrangements, while its partnership with Blue Zebra helped drive premium growth...

Youi opens Sydney office

21 March 2022

Youi has opened an office in Sydney CBD at 175 Pitt Street to support its expanding team and business in NSW...

PSC eyes more UK, Australia brokerages

14 March 2022

PSC Insurance Group has bolstered its acquisitions firepower with an $80 million capital raising as it eyes potential purchases in Australia and the UK...

Lockton launches advisory business

14 March 2022

Former Willis Re local CEO John Philipsz will head a new advisory business launched by independent brokerage Lockton Australia...

QBE sells US personal lines agency

07 March 2022

QBE will sell its US-based Westwood Insurance Agency for $375 million as part of efforts to simplify its business there...