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Corporate

Suncorp well-placed to absorb virus impacts: S&P

18 May 2020

S&P Global Ratings says Suncorp’s update on COVID-19 related impacts has moderated its expectations for full-year earnings but has not undermined its view of the company’s underlying operations...

Aon targets Australian firms with new IP capacity

18 May 2020

Aon has established a new underwriting platform which it says has the world's largest capacity for intellectual property liability, saying the importance of risk mitigation in this area has never been higher...

AM Best cuts Ansvar outlook to negative

18 May 2020

AM Best has cuts its outlook for church, education and heritage insurer Ansvar to negative from stable due to financial impacts from exposure to physical and sexual abuse claims, discount rate movements and catastrophe events...

Suncorp foresees GWP, claims impacts from coronavirus

11 May 2020

Suncorp expects a "modest drag" on gross written premium this financial year due to the take-up of hardship options and lower economic activity amid the COVID-19 outbreak, while landlord claims are set to rise...

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...

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...

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.

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...