Corporate
22 February 2021
PSC Insurance Group says pre-tax earnings grew in excess of 50% in the six months to December 31 as forecast, driven by strong organic growth and solid contributions from recently acquired businesses, especially in the UK...
22 February 2021
Resilium CEO and MD Adrian Kitchin says the strategic investment from Ardonagh Group - the UK’s largest independent insurance broker - is a boost to the authorised representative network’s growth plans...
22 February 2021
AUB Group expects to place more of its complex risk business outside of Australia as challenging conditions at home show no signs of easing in the near future...
22 February 2021
AM Best has affirmed Hollard’s A- credit rating and says the outlook is stable...
22 February 2021
Insurance House Group expects to make further merger announcements after the Melbourne-based business entered into “strategically timed” partnerships with PSB Insurance Brokers and Malcolm Hutson & Associates...
22 February 2021
Blue Zebra has launched cyber insurance cover after completing a successful pilot program...
22 February 2021
New Zealand’s Tower has acquired 23,000 legacy insurance policies it underwrote during the two decades to 2009, ending payments of commission to ANZ...
22 February 2021
Steadfast says its Custom Home Insurance underwriting agency will cease offering new business or renewal terms on home and contents and landlords products from the start of April following the expansion of Steadfast Domestic...
15 February 2021
A second test case on COVID-19 business interruption claims is needed to create “industry guardrails” for how policies should respond, IAG CEO Nick Hawkins says...
15 February 2021
Suncorp earnings increased in the first half as higher premiums contributed to gains and the company says improvements it’s making in underwriting, distribution and claims will drive future growth...
15 February 2021
Vero will no longer sell consumer and construction insurance through Australian brokers after moves to improve the performance of the business segments did not deliver required results for parent company Suncorp...
15 February 2021
Commonwealth Bank says its general insurance business improved its cash earnings in the half-year to December 31 to $91 million, due to lower catastrophe claims losses...
15 February 2021
Gross written premium at Genworth Mortgage Insurance jumped almost a third to $561.7 million last year and the lenders mortgage insurance heavyweight says it is ready for an expected surge in claims this year as stimulus support measures taper off...
15 February 2021
Underwriting agency Blue Zebra has announced the expansion of its SME Business Insurance offering to more occupations after the product received a strong response following its launch last November...
15 February 2021
Broker Danny Mountford has joined the team at McLardy McShane WA Insurance Brokers in Perth...
08 February 2021
QBE has appointed Westpac insurance head Sue Houghton to lead its Australia and Pacific business, as it continues to complete its recruitment process for a Group CEO...
08 February 2021
Members of a motor warranty class action have agreed to settle the lawsuit for $9.5 million, significantly lower than the $47.6 million they were seeking from Davantage Group, a subsidiary of listed fleet leasing company McMillan Shakespeare...
08 February 2021
PSC MD Tony Robinson says he is delighted with the way the business is performing ahead of the release later this month of the group’s financial results for the six months to December 31...
08 February 2021
Swiss Re Corporate Solutions says the search is underway for a successor to Country Head Australia and New Zealand Melanie Slack, who will take up a new role in London on May 1...
08 February 2021
Network Insurance Group has further expanded its presence in Queensland with the acquisition of long-term Burleigh Heads-based brokerage Australian Insurance Solutions, and says it has plans for continued growth in the Sunshine State...