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Corporate

Guild’s outlook lifts with BI claims certainty

11 April 2022

AM Best has revised the outlook of Guild Insurance to stable from negative, saying its balance sheet and operating fundamentals are benefitting from increased certainty over exposure to covid-related business interruption claims...

Cyber expert to lead new Clyde & Co service

11 April 2022

Law firm Clyde & Co says it has launched its APAC Cyber Risk Advisory practice in response to growing demand from clients seeking support to improve their digital security...

Allianz Deputy MD departs after eight years with insurer

04 April 2022

Allianz Australia says it is “actively recruiting” for a candidate to take up the newly created role of General Manager, Office of the Managing Director, following the departure of Deputy MD Helen Silver last week...

Coface sets up in New Zealand

04 April 2022

Global credit insurer Coface announced today the opening of its first branch in New Zealand, after securing a licence from the Reserve Bank of New Zealand last week...

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...