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Ansvar first-half loss deepens after hail, storms

31 August 2020

Ansvar Australia’s first-half underwriting loss has deepened to £2.05 million after the result was affected by hailstorms in January and an East Coast Low that brought damaging weather in February...

Nib Travel posts $19.7 million full-year loss

31 August 2020

Nib Travel has posted a full-year loss of $19.7 million, reversing 2019’s profit of $6.6 million, following a plunge in operating margins as COVID-19 restrictions brought global travel to a standstill...

RAA promotes finance chief to Insurance CEO

31 August 2020

SA motorists mutual club RAA has announced Tom Griffiths will be RAA Insurance CEO with effect from tomorrow, taking over from David Russell, who will begin his transition to retirement in a supporting role as GM of Services...

iSelect positive on general insurance performance

31 August 2020

Comparison website iSelect says general insurance products on its platform performed strongly last financial year, despite COVID-19 affecting travel volumes, while life earnings declined...

Flamingo agrees sale to BDNM

31 August 2020

Listed insurtech Flamingo AI has agreed to sell its Flamingo Customer Experience and Flamingo Ventures businesses to BDNM Investments.

PSC earnings soar 32.7% on acquisitions, organic growth

24 August 2020

PSC Insurance Group announced today full-year underlying earnings exceeded $57 million as previously flagged, with acquisitions and organic growth combining to cushion the economy-wide impact of COVID-19...

Axa XL commits to Australian financial lines

24 August 2020

Axa XL says it will continue to provide "best in class" solutions and accept new business for Australian financial lines, rejecting suggestions that it is pulling back from the local market...

Insurance arm boosts Kogan earnings

24 August 2020

Online retailer Kogan.com has posted a near 56% rise in full-year net profit to $26.8 million, aided by a strong performance from its insurance unit...

CyberCX expands IT security business to New Zealand

24 August 2020

Australian digital security firm CyberCX has launched a New Zealand operation, investing more than $NZ30 million initially to have a crack at the country’s $NZ600 million cyber security market...

Virus actions averted extreme risks, says Regan

17 August 2020

Government and central bank responses to the COVID-19 pandemic have eased claim pressure risks even as the global economic outlook remains uncertain, QBE CEO Pat Regan says...