QBE puts its faith in comprehensive capital measures
11 May 2020
QBE says the actions taken in recent weeks to bolster its capital base will enable the business to ride out the challenges created by the virus pandemic...
Corporate
Dual seeks more acquisitions after NZ deal
11 May 2020
Dual Asia Pacific is looking for more acquisition opportunities after last week announcing it has moved into the M&A arena with the purchase of a controlling interest in New Zealand’s International Underwriting Agencies...
Coles enters pet insurance market
11 May 2020
Supermarket giant Coles is offering pet insurance for dogs and cats, which will be underwritten by Guild Insurance...
Genworth prepares for defaults with hefty writedown
11 May 2020
Mortgage insurer Genworth lifted its gross written premium by almost a third in the first quarter but is now readying for home loan defaults with a $181.8 million writedown...
Travel insurer offers premium credits, deferrals
11 May 2020
Travel cover provider InsureandGo says it is offering partial credits and deferrals on premium payments to its customers in response to disruption caused by the coronavirus pandemic...
Tego steps in with cover for Indigenous clinic
11 May 2020
Medical indemnity underwriter Tego has provided cover to an Indigenous-focused organisation that wants to set up a COVID-19 testing centre for the community...
New anti-fraud specialist eyes opportunities from pandemic
11 May 2020
Barrister Andrew Tragardh, who helped Dual Australia recover $17.4 million that was stolen by a former employee, has opened a firm specialising in financial crime investigation...
IAG investment funds take hit, dividend in doubt
04 May 2020
IAG says there is "limited scope" to pay a final dividend this year due to its forecast insurance profit and a slump in investment income on shareholder funds...
Steadfast flags new IQumulate payment plan
04 May 2020
Premium funder IQumulate will launch an alternative payment plan for clients this week, parent company Steadfast says in a presentation released to the Australian Securities Exchange.
Westpac considers getting out of insurance
04 May 2020
Westpac is open to selling its general and life insurance businesses as the lender looks to put in more resources to rebuild its core banking operations...
Aviva executive named as new Tower CEO
04 May 2020
Tower Insurance announced today it has appointed London-based Aviva executive Blair Turnbull as CEO, taking over from Richard Harding...
PSC businesses 'showing resilience'
04 May 2020
PSC Insurance Group has retained an upbeat outlook despite the immediate challenges posed by the current economic situation...
IAG gives Help to home, motor customers
04 May 2020
IAG has introduced a "Help Program" for personal lines customers, offering tailored solutions to address the individual needs of policyholders who have been financially affected by the pandemic-triggered economic slump...
Genworth to conduct virtual AGM
04 May 2020
Genworth will hold a virtual AGM on Thursday to keep shareholders safe from COVID-19 and comply with health guidance and public gathering restrictions...
Viral advantage: Flamingo sees boost in interest
04 May 2020
Insurtech Flamingo says the coronavirus crisis has heightened interest in its products as employees are forced to work from home...
Gallagher Bassett steps up virus response with new hiring plans
04 May 2020
Gallagher Bassett has embarked on a recruitment drive for experienced staff in response to the growing demand from insurance clients for support services during the pandemic crisis...
Culture ratings platform announces partnership
04 May 2020
The Workability Index, a corporate culture ratings platform that measures companies’ organisational culture and transparency, has announced a partnership with risk management advisory firm Riskcom...
Steadfast nine-month revenue rises 26%
27 April 2020
Steadfast’s nine-month revenue has risen 25.8% to $597.9 million, the company says in a trading update prompted by coronavirus outbreak uncertainties...
Insurers move to ease customers’ car premiums, cash problems
27 April 2020
RACQ Insurance is the latest personal lines insurer to introduce concessions to reflect reduced driving during the COVID-19 lockdown...
NZ insurers respond as motor use and claims drop
27 April 2020
New Zealand insurer Tower says it is working on a refund plan of “unprecedented” scale for its motor policyholders to reflect lower car use and claims during the country’s strict social distancing measures...