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Corporate

NZ’s Rothbury heads west

05 October 2020

New Zealand’s Rothbury Insurance Brokers has opened a new Greymouth office and appointed Kirstie Barlow to look after west coast clients with the support of the team in Nelson...

AM Best affirms Tower’s A- rating

05 October 2020

AM Best has affirmed the financial strength rating of Tower Limited at A- and long-term issuer credit rating at a- following a move by the New Zealand insurer to simplify its corporate structure...

AUB pursues options for sale of rehab assets

28 September 2020

AUB has appointed PwC to assist with the potential sale of its Altius rehabilitation and health business as the company returns to a focus on its core broking operations...

Youi to gain CTP licence in NSW

28 September 2020

The State Insurance Regulatory Authority says it intends to issue a compulsory third party licence to Youi, making it the first insurer to be added to the scheme since reforms were introduced in 2017...

QBE joins UN Global Compact on sustainability

28 September 2020

QBE has signed on as a participant of the UN Global Compact on sustainable development, supporting its 10 principles on human rights, labour, the environment and anti-corruption...

Hollard unveils new SME support measures

21 September 2020

Hollard Commercial Insurance has announced new initiatives such as a credit terms extension for brokers to support SME clients through the current economic slump...

Tower simplifies corporate structure

21 September 2020

New Zealand insurer Tower says an amalgamation of companies within its corporate structure will take effect from the end of the month following regulatory approval...

Regan gets $310,000 severance payout

14 September 2020

Former QBE Group CEO Pat Regan will get just $310,000 in severance payout, the insurer announced last week, following a probe into his communications with a female employee.

360 Aviation expands with Axa XL agreement

14 September 2020

Underwriter 360 Aviation has entered into a coverholder binding authority agreement with Axa XL, expanding the firm’s ability to write general aviation and hangarkeepers business...