31 January 2022
Berkley Insurance Australia and Frontier Global Underwriting, a London-based financial lines Lloyd’s coverholder with an office in Sydney, have teamed up to offer blockchain insurance cover...
31 January 2022
Fitch says the stable rating outlook of Genworth Mortgage Insurance is supported by an agreement from the Commonwealth Bank to renew a contract after it insisted for the first time that the Lenders Mortgage Insurance specialist submit a new proposal...
13 December 2021
IAG has set out what analysts have described as an “ambitious” five-year program to revitalise the business, after past lapses caused the insurer to report a $427 million net loss in the last financial year...
13 December 2021
Fitch Ratings says expectations of a stabilisation in QBE’s earnings status has prompted it to revise its outlook for the Australian insurer to stable from negative...
13 December 2021
Johns Lyng Group has agreed to acquire Colorado-based Reconstruction Holdings and its subsidiaries for $US144 million ($201 million), saying the move will provide the business with an immediate, established base in the vast US market...
13 December 2021
Allianz Australia has become the first insurer to join Climate League 2030, a private sector-focused 10-year initiative that aims to reduce the country’s annual greenhouse gas emissions in line with targets set by the Paris Agreement...
13 December 2021
Suncorp’s new Spirit to Cure initiative has raised $1 million to aid cancer research, support and prevention...
06 December 2021
Willis Towers Watson today announced the acquisition of Sydney-based aviation brokerage Aerosure...
06 December 2021
IAG shareholders affected by a stock price slump triggered by a market update on COVID-related business interruption claim provisions are signing up to participate in a class action against the insurer...
06 December 2021
Johns Lyng Group has extended a contract with Suncorp under which it provides domestic building insurance repairs across NSW, Victoria, Queensland, SA, the ACT and the NT...
06 December 2021
Marine specialist Trident Underwriting has rebranded as Coast Insurance to reflect its expansion into other areas of commercial cover and its operation as a standalone agency...
06 December 2021
Strata underwriter Insurance Investment Solutions has purchased a strategic shareholding in energy underwriting specialist Asia Mideast Insurance and Reinsurance...
06 December 2021
Suncorp has sealed the divestment of its 50% stake in RACT Insurance for $83.75 million to mutual motoring body RACT Group, which owns the other half of the Tasmanian joint venture...
06 December 2021
Underwriting agency Ensurance announced today MD Tom Kent will become CEO on January 1 while Executive Chairman Tony Leibowitz will revert to a non-executive role...
06 December 2021
Caravan and recreational vehicle underwriting agency specialist Ken Tame and Associates has completed a branding makeover, abbreviating its name to KT Insurance and unveiling a new look...
06 December 2021
Construction underwriter Mecon Insurance says it has a new, vastly improved online system which simplifies quoting and saves brokers time...
29 November 2021
The Federal Court has scheduled an initial hearing for a Greensill action filed last week against IAG over a $US35 million trade credit insurance claim...
29 November 2021
Lockton New Zealand has appointed Peter Lowe as CEO after opening a kiwi operation in September...
29 November 2021
New Zealand’s Tower has made changes to its underwriting after experiencing an unusual run of large claims from house fires and an 8% drop in full-year earnings...
29 November 2021
Specialist underwriting agency Coversure says it can now write up to $20 million for each public liability (PL) insurance policy issued to clients in the amusement, leisure and entertainment industry...