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QBE puts year-to-date net cat cost at $334 million

10 May 2021

QBE Insurance Group says the massive flooding in the Hawkesbury-Nepean River region and parts of Queensland, deep winter freeze in the US state of Texas and other natural disasters have led to a net catastrophe cost of $US260 million  so far this year...

Hollard’s Enthoven explains new role

03 May 2021

The Hollard Insurance Company’s outgoing CEO Richard Enthoven says the executive changes announced last week are part of an “adapt and change” mindset that is key to ensuring the business continues to grow strongly in the Australian market...

AM Best affirms Tower’s A- credit rating

03 May 2021

AM Best has affirmed Tower New Zealand’s A- rating and stable outlook, reflecting a “very strong” balance sheet, adequate operating performance, neutral business profile and robust enterprise risk management...

IAG announces CGU head

26 April 2021

IAG says Melbourne-based Damien Gallagher will lead its CGU business, reporting to Jarrod Hill who joins from Chubb in September to lead the insurer’s new Intermediated division...

Steadfast moves to strengthen global network

26 April 2021

Steadfast’s acquisition of a majority stake in unisonSteadfast will pave the way for initiatives to put the global network of independent brokers in a stronger position, CEO Robert Kelly says...

Suncorp NZ signs ambitious emissions reduction pledge

26 April 2021

Suncorp New Zealand has signed up to an ambitious pledge to reduce greenhouse gas emissions and educate its employees, suppliers and customers about climate change to contribute to the nation being carbon neutral by 2050...

Hosking brought in as PSC pursues growth

19 April 2021

PSC Insurance Group says the appointment of former Allianz executive David Hosking to the new role of CEO Australia and New Zealand will help drive further expansion...

Zurich appoints Tim Scott-Young to key role

19 April 2021

Zurich has named Marsh executive Tim Scott-Young as Chief Claims Officer for general insurance in Australia and New Zealand, with the appointment effective from May 17...

Honan to offer reinsurance solutions

12 April 2021

Australian broking house Honan Insurance Group is adding a new string to its bow, offering reinsurance solutions via a new division called Honan Re which kicks off operations this week...