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...
Corporate
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...
James Fitzpatrick appointed Miramar head
14 March 2022
Steadfast says James Fitzpatrick has been appointed head of Miramar Underwriting, as the agency also refreshes its branding...
Ansvar parent changes name to Benefact Group
14 March 2022
The UK-based parent company of Ansvar Insurance has changed its name to the Benefact Group...
Insurance companies dig deep to help flooded communities
07 March 2022
Suncorp Group has pledged a $1 million support package to help communities in Queensland and NSW recover from the ongoing flood crisis...
Ensurance partners with Liberty, flags expansion
07 March 2022
Underwriting agency Ensurance Australia today announced a “significant partnership” with Liberty Specialty Markets...
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...
360 announces Quick Construct offering
07 March 2022
360 Underwriting Solutions has launched additional construction capability with the offering of Quick Construct...
iSelect general, life earnings drop
07 March 2022
Comparator iSelect says its general and life insurance business recorded weaker earnings in the December half, with operating revenue down 11% to $6.6 million from a year earlier...
Lockton secures Cook Islands approval
07 March 2022
Lockton has been approved as a licensed insurance broker and captive insurance manager in the Cook Islands...
Steadfast raises guidance after strong first half
28 February 2022
Steadfast has raised its earnings guidance after its first-half result was boosted by pricing increases and acquisitions as the group continues to expand...
AUB ups earnings outlook
28 February 2022
AUB Group has raised its full-year earnings guidance after the business performed strongly in the December half across most divisions, resulting in a 16.7% increase in underlying net profit to $30.6 million during the period...
PSC sees 'lots of room' to grow UK earnings
28 February 2022
PSC Insurance Group says its UK operations still have “lots of room” to grow in terms of earnings potential after the business there produced a strong first-half result...
Gallagher Re reveals appointment spree following major acquisition
28 February 2022
Gallagher Re has completed a number of senior appointments, including a local CEO, as the global firm expands following its Willis Re acquisition...
Steadfast begins offering dedicated workplace risk management services
28 February 2022
Steadfast Group has rebranded its Work Health Options business to Steadfast Workplace Risk, a move it says is aimed at helping clients manage workers’ compensation challenges in the covid environment...
AMA Group crash repair volumes yet to recover
28 February 2022
Crash repairer AMA Group says covid disruptions that have reduced traffic flows continue to affect its business although volumes have trended higher this month...
Johns Lyng lifts guidance by 11% on record work orders
28 February 2022
Building services provider Johns Lyng has upped its full-year forecasts for both revenue and earnings by 11%, driven by a record volume of job registrations in its core Insurance Building and Restoration Services segment...
Zurich Australia 'not for sale'
21 February 2022
Zurich Insurance Group has apparently abandoned a plan to sell its Australian general insurance assets...
QBE sees premium strength after profit rebound
21 February 2022
QBE has forecast a strong pricing environment is likely to continue this year after a surge in gross written premium drove an earnings rebound...
HDI Global Australia MD given expanded remit
21 February 2022
HDI Global SE Australia MD Stefan Feldmann has taken up an additional role as Head of HDI Global Asia Pacific, a newly created position that is part of the insurer’s restructuring of its operations in the region...