RACQ Insurance takes pet cover national
12 November 2018
RACQ Insurance will underwrite pet cover for fellow mutual National Seniors Australia, an advocate body that offers services including insurance to its 130,000-plus members…
Corporate
GB buys Perth risk manager
12 November 2018
Claims manager Gallagher Bassett has bought Aurenda, a specialist worker injury risk management group, giving the company its first presence in Perth…
Ensurance introduces UK cyber product
12 November 2018
Ensurance UK has launched a cyber-cover product for the London market, underwritten by global specialist insurer Beazley…
Zurich holds insurtech world cup
12 November 2018
Zurich is hosting a global competition for insurtechs to showcase their innovations in financial planning and four other categories…
Johns Lyng expands in Tasmania
12 November 2018
Building contractor Johns Lyng Group has acquired Hobart company Dynamic Constructions and Landscapes as part of a national expansion program…
QBE restructure is a ‘first step’ in wider shake-up
05 November 2018
QBE’s carve-up of its Asia-Pacific division is the first stage in a larger “cost-out” announcement to be made next month, analysts say…
Equity group buys key stake in McLarens
05 November 2018
Private equity ownership of loss-adjuster McLarens has changed hands, with Lee Equity Partners acquiring a key holding from Altamont Capital…
PSC eyes growth at home and abroad
05 November 2018
PSC Insurance Group sees good growth opportunities in Australia and says the UK will remain a focus as it expands through acquisitions and existing business…
CHU service speeds aid to hosed-off strata owners
05 November 2018
Strata insurer CHU says a post-disaster recovery service it launched this year is proving its worth to clients…
Lion Underwriting expands in marine
05 November 2018
Lion Underwriting has appointed William Rich as Portfolio Manager – Marine and has also secured capacity from underwriters at Lloyd’s to underpin the expansion…
Westpac’s insurance revenue rises
05 November 2018
Westpac’s general insurance income increased to $181 million last financial year from $158 million the previous year…
Ensurance expands UK product line
05 November 2018
Ensurance has entered three partnerships to expand its specialist construction and engineering offerings in the UK – a key growth market for the Australian-listed insurance group…
Singapore underwriter eyes Australian market
05 November 2018
Singapore-based Criterion Underwriting opened for business last week and has revealed plans to expand to Australia…
Housing fall raises Genworth’s loss ratio estimate
05 November 2018
Genworth Mortgage Insurance Australia predicts its loss ratio this year will be higher than previously expected, due to a deteriorating housing market…
IAG bolsters climate change plan
29 October 2018
IAG has strengthened its climate action plan, introducing milestones for the next three years and a scorecard for responsible executives…
Funder turns to former Zurich chief
29 October 2018
Former Zurich CEO Raj Nanra has replaced Rachael Lavars at the helm of premium funder Macquarie Pacific Funding…
AUB shores up brokerage amid misconduct probe
29 October 2018
AUB Group has announced a new management agreement to ensure clients of Austbrokers Canberra are not affected by financial misconduct allegations…
Australia, NZ perform strongly in Gallagher’s Q3
29 October 2018
Gallagher Australia and New Zealand broking operations performed strongly in the third quarter amid a firming rate environment in major markets, President and CEO Patrick Gallagher said…
iSelect sees ‘strength’ in insurance
29 October 2018
iSelect says its life and general insurance arm is showing “strength” as it works to turn around the overall business, which suffered a loss last financial year…
Dual merges marine business with agency
29 October 2018
Dual Australia and Aviation & Marine Underwriting Agency in New Zealand are merging their marine operations to create a new business, Salt Marine Risks…