insuranceNEWS.com.au https://www.insurancenews.com.au/ General insurance and financial services news from Australia and around the world en-au admin@insurancenews.com.au Copyright 2019 AIG names new chief for NZ https://www.insurancenews.com.au/corporate/aig-names-new-chief-for-nz https://www.insurancenews.com.au/corporate/aig-names-new-chief-for-nz AIG has appointed Toni Ferrier as New Zealand CEO, effective from January 20...

]]> Mon, 21 Oct 2019 14:32:00 +1100 IAG criticised over India exit https://www.insurancenews.com.au/corporate/iag-criticised-over-india-exit https://www.insurancenews.com.au/corporate/iag-criticised-over-india-exit The move by IAG to sell its 26% stake in the SBI General joint venture in India has copped heavy criticism from leading business commentator John Durie...

]]> Mon, 21 Oct 2019 14:31:00 +1100 Class actions planned against CBL and directors https://www.insurancenews.com.au/corporate/class-actions-planned-against-cbl-and-directors https://www.insurancenews.com.au/corporate/class-actions-planned-against-cbl-and-directors Two separate shareholder class actions have been launched respectively against failed New Zealand insurer CBL Corporation and its former directors...

]]> Mon, 21 Oct 2019 14:31:00 +1100 360 Aviation announces Swiss Re deal https://www.insurancenews.com.au/corporate/360-aviation-announces-swiss-re-deal https://www.insurancenews.com.au/corporate/360-aviation-announces-swiss-re-deal Underwriter 360 Aviation has secured the rights to review Swiss Re Corporate Solutions’ expiring general aviation business...

]]> Mon, 21 Oct 2019 14:30:00 +1100 HDI Global takes off with new aviation underwriters https://www.insurancenews.com.au/corporate/hdi-global-takes-off-with-new-aviation-underwriters https://www.insurancenews.com.au/corporate/hdi-global-takes-off-with-new-aviation-underwriters Specialty insurer HDI Global has appointed two senior aviation underwriters in Australia as it aims to become a major aviation insurance provider to the local market...

]]> Mon, 21 Oct 2019 14:29:00 +1100 BHSI targets surety https://www.insurancenews.com.au/corporate/bhsi-targets-surety https://www.insurancenews.com.au/corporate/bhsi-targets-surety Berkshire Hathaway Specialty Insurance has named Jonathan Griffiths as Head of Surety Australia to oversee its launch into the market...

]]> Mon, 21 Oct 2019 14:23:00 +1100 Steadfast affirms profit guidance, eyes acquisitions https://www.insurancenews.com.au/corporate/steadfast-affirms-profit-guidance-eyes-acquisitions https://www.insurancenews.com.au/corporate/steadfast-affirms-profit-guidance-eyes-acquisitions Steadfast expects to deliver underlying earnings at the top end of a guidance range first announced in August after a solid first quarter...

]]> Mon, 21 Oct 2019 14:22:00 +1100 MGA acquires SA agency https://www.insurancenews.com.au/corporate/mga-acquires-sa-agency https://www.insurancenews.com.au/corporate/mga-acquires-sa-agency Adelaide-based MGA Insurance Brokers has acquired the Whyalla business Brian Cotter Insurance Agencies, taking its total number of offices around Australia to 40...

]]> Mon, 21 Oct 2019 14:21:00 +1100 Zurich agrees to Pacific Indemnity underwriting deal https://www.insurancenews.com.au/corporate/zurich-agrees-to-pacific-indemnity-underwriting-deal https://www.insurancenews.com.au/corporate/zurich-agrees-to-pacific-indemnity-underwriting-deal Zurich has agreed to provide a quarter of the capacity for Pacific Indemnity Underwriting Solutions’ professional indemnity policies...

]]> Mon, 21 Oct 2019 14:21:00 +1100 Australia delivers for PSC-linked UK investor https://www.insurancenews.com.au/corporate/australia-delivers-for-psc-linked-uk-investor https://www.insurancenews.com.au/corporate/australia-delivers-for-psc-linked-uk-investor BP Marsh & Partners, a UK private equity investor in which PSC Insurance Group has a minority holding, says its Australian portfolio did well for the half-year to July 31...

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