09 November 2020
Allianz has experienced a third-quarter property and casualty operating profit decline in Australia, while revenues were supported by pricing gains, according to figures released with the international group’s results...
09 November 2020
Claims management group Crawford & Company has strengthened its legal service offerings for insurance clients in Australia with a “game-changing” purchase of HBA Group, a law firm with a significant presence in the industry...
09 November 2020
Genworth Mortgage Insurance Australia third-quarter claims activity was lower than expected due to pandemic-linked government and lender support packages, but the group has increased reserving as the measures also cloud future visibility...
09 November 2020
Gallagher has acquired Brisbane-based Effectus Consulting, an employee and leadership development firm offering strategies for human resources and talent development...
09 November 2020
Melbourne-based brokerage Insurance Lab has launched in the market with a focus on arranging professional indemnity insurance for engineering and construction clients including building surveyors, project managers and environmental consultants...
09 November 2020
Crombie Lockwood, the New Zealand arm of Gallagher, has acquired Otago brokerage beSure...
02 November 2020
IAG will split its Australian business into direct and intermediated divisions as Australia Division CEO Mark Milliner exits the business...
02 November 2020
Suncorp has made key changes to its claim operations following the restructuring of the insurance business into two divisions, as it continues to finalise arrangements under the new model...
02 November 2020
PSC Insurance Group is looking to step up its presence in the UK market, where the business has made a number of strategic acquisitions in the past few months to increase its reach...
02 November 2020
Steadfast Group says the business has made a “tremendous start” to the new financial year, with underlying earnings before interest, tax and amortisation in the first quarter about 20.7% ahead of the same period a year earlier...
02 November 2020
Westpac reported today a sharp earnings decline in its general and life insurance arms, with the bank confirming it no longer sees a future in the businesses following the completion of a strategic review and is committed to divesting the assets at the right time...
02 November 2020
Motoring assistance group and insurer RACQ has reported a net surplus drop last financial year following weaker investment returns and increased claims, while benefitting from a jump in gross written premium...
02 November 2020
Aon has entered into a partnership with the Institute of Patent and Trade Mark Attorneys of Australia to offer its 900-plus members professional indemnity insurance and other services...
02 November 2020
Underwriting agency Ensurance says its business has made a “strong start” to the current financial year, with the UK operations generating profits for the first time since it began trading there a few years ago...
26 October 2020
IAG recorded “low single digit” growth in gross written premium in the opening quarter of the current financial year, the insurer told shareholders at Friday’s annual general meeting...
26 October 2020
Suncorp CEO Steve Johnston says a program to “reset” the business and pursue opportunities following COVID-19 is well underway...
26 October 2020
QBE says the appointment last week of group executive Richard Pryce as interim CEO will provide continuity as a search continues to fill the top role on a permanent basis...
26 October 2020
Lloyd’s has granted in-principle approval under an innovation program for a new syndicate to support mutuals brought to the market by Sydney-based insurtech Picnic Labs...
26 October 2020
ANA Chartered Loss Adjusters has appointed Chay Wilkinson as CEO, effective in January, and plans to take on additional adjusters across Australia...
26 October 2020
Recreational boat insurer Club Marine has announced it will pull out of the New Zealand market...