AUB resilience paves way for positive outlook
30 August 2021
AUB Group has forecast strong growth in the current financial year after the company improved its performance over the past 12 months amid the COVID-19 pandemic...
Corporate
Emergence streamlines personal cyber access
30 August 2021
Cyber insurer Emergence has introduced technology changes that enable its individual and family protection policies to be purchased directly through broker websites...
Australian law firm profits hit record highs
30 August 2021
Profitability at Australian law firms hit a record in the year to June as corporations sought help navigating the turbulence of COVID, a new report says...
iSelect says general insurance delivers 'strong result'
30 August 2021
Comparator iSelect says its general insurance business performed well in the last financial year in the face of a difficult environment, as the COVID health crisis drags on...
Arteva Funding appoints new CFO
30 August 2021
Craig Marshall has been appointed CFO at Arteva Funding, effective October 18...
Organic growth, acquisitions drive PSC earnings
23 August 2021
PSC Insurance Group announced today full-year earnings exceeded expectations on strong organic growth and contributions from its UK acquisitions...
Steadfast teams with QBE on Mansions portfolio
23 August 2021
Steadfast Underwriting Agencies says QBE will be the capacity provider for its Mansions of Australia business, which has expanded with the purchase of an AIG portfolio...
Steadfast completes Coverforce acquisition
23 August 2021
Steadfast has completed the $411.5 million acquisition of Coverforce after announcing the deal at the start of last week and concluding an institutional share placement...
Premium Funding, Principal Finance become Arteva
23 August 2021
Premium Funding and Principal Finance, which merged at the start of the year, have named the combined company Arteva Funding...
Alliance broking business 'good fit' for PSC: MD
23 August 2021
Acquiring the broking business of Alliance Insurance Broking Services will generate more than $3 million in incremental pre-tax earnings to the PSC Group, according to the Melbourne-based listed broker...
Guy Carpenter appoints Harden to key role
23 August 2021
Former Willis Re executive Michael Harden has joined Guy Carpenter as President of Asia Pacific, based in Sydney...
Youi grows partnership with Domain
23 August 2021
Insurer Youi has partnered with property marketplace Domain, acting as the contact centre for the company’s insurance arm, Domain Insure...
AAMI Roadside Assist free to COVID frontline workers
23 August 2021
Suncorp is offering its AAMI roadside assist service free of charge to all medical practitioners, nurses, hospital staff, paramedics, firefighters, SES staff & volunteers, police officers and COVID testing & vaccination workers across Australia, irrespective of whether they are an AAMI customer...
Steadfast buys Coverforce after competitive process
16 August 2021
Steadfast says its acquisition of Coverforce for $411.5 million follows a competitive process run by an investment bank that attracted strong interest...
Steadfast profit boosted by brokers, agencies
16 August 2021
Steadfast has reported a strong increase in earnings as its broking and agency businesses benefited from pricing conditions and acquisitions contributed to revenues...
IAG Chairman says failings 'unacceptable'
16 August 2021
IAG Chairman Elizabeth Bryan has apologised for organisational and risk management failures that led to the insurer reporting a financial-year loss of $427 million...
QBE first-half earnings point to 'widespread positives' in business: analysts
16 August 2021
QBE has posted a turnaround in first-half earnings, as the insurer achieved an adjusted cash profit after-tax of $US463 million following a $US666 million loss from a year earlier...
CBA insurance arm posts earnings rise
16 August 2021
Commonwealth Bank says insurance income, as measured on a cash basis, increased 3% to $145 million for the year to June 30, aided by lower claims experience from fewer weather-related events...
Premium growth drives stronger Suncorp earnings
09 August 2021
Suncorp net profit has risen 13% to $1.03 billion supported by its strongest financial year performance in Australian premium revenue in almost a decade...
IAG names new chairman, directors
09 August 2021
IAG Chairman Elizabeth Bryan will retire in October, with Director Tom Pockett to take on the role, the business says in a statement today...