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 2021 Are we ok? Wellness Survey results revealed https://www.insurancenews.com.au/breaking-news/are-we-ok-wellness-survey-results-revealed https://www.insurancenews.com.au/breaking-news/are-we-ok-wellness-survey-results-revealed The COVID-19 pandemic and associated restrictions have left more than a quarter of insurance industry professionals so worried about their mental health that they have considered or sought out expert help...

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Fri, 15 Oct 2021 10:52:00 +1100
COVID test case judgment: insurers win the day https://www.insurancenews.com.au/breaking-news/covid-test-case-judgment-insurers-win-the-day https://www.insurancenews.com.au/breaking-news/covid-test-case-judgment-insurers-win-the-day The Federal Court today found in favour of insurers on the vast majority of issues in the second business interruption test case on COVID-19 claims – but an appeal looms...

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Fri, 08 Oct 2021 17:11:00 +1100
Steadfast acquires Coverforce in $411.5 million deal https://www.insurancenews.com.au/breaking-news/steadfast-acquires-coverforce-in-411-5-million-deal https://www.insurancenews.com.au/breaking-news/steadfast-acquires-coverforce-in-411-5-million-deal Steadfast has acquired Coverforce, one of Australia’s largest privately owned insurance brokers, for $411.5 million...

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Mon, 16 Aug 2021 09:53:00 +1000
It's off: Aon/WTW merger axed https://www.insurancenews.com.au/breaking-news/its-off-aonwtw-merger-axed https://www.insurancenews.com.au/breaking-news/its-off-aonwtw-merger-axed The mega-merger that would have created the biggest insurance brokerage in the world has been abandoned, with Aon paying Willis Towers Watson a $US1 billion termination fee...

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Tue, 27 Jul 2021 08:54:00 +1000
Zurich’s Plant takes up senior role at IAG https://www.insurancenews.com.au/breaking-news/zurichs-plant-takes-up-senior-role-at-iag https://www.insurancenews.com.au/breaking-news/zurichs-plant-takes-up-senior-role-at-iag Zurich Australia General Insurance CEO Tim Plant is leaving the business to join IAG as Chief Insurance and Strategy Officer before the end of the year...

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Tue, 20 Jul 2021 10:38:00 +1000
NIBA names Philip Kewin as CEO https://www.insurancenews.com.au/breaking-news/niba-names-philip-kewin-as-ceo https://www.insurancenews.com.au/breaking-news/niba-names-philip-kewin-as-ceo The National Insurance Brokers Association says Philip Kewin will become the group’s new CEO following the retirement of Dallas Booth later this year...

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Tue, 06 Jul 2021 10:21:00 +1000
High Court rejects BI test case appeal application https://www.insurancenews.com.au/breaking-news/high-court-rejects-bi-test-case-appeal-application https://www.insurancenews.com.au/breaking-news/high-court-rejects-bi-test-case-appeal-application The High Court has today denied the Insurance Council of Australia’s application to appeal a judgment in the first test case on business interruption claim denials…

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Fri, 25 Jun 2021 13:34:00 +1000
CBA sells general insurance business to Hollard https://www.insurancenews.com.au/breaking-news/cba-sells-general-insurance-business-to-hollard https://www.insurancenews.com.au/breaking-news/cba-sells-general-insurance-business-to-hollard Commonwealth Bank has agreed to sell its Australian general insurance business to Hollard in a deal involving an upfront payment of $625 million...

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Mon, 21 Jun 2021 09:27:00 +1000
Ardonagh acquires local underwriting agency in global deal https://www.insurancenews.com.au/breaking-news/ardonagh-acquires-local-underwriting-agency-in-global-deal https://www.insurancenews.com.au/breaking-news/ardonagh-acquires-local-underwriting-agency-in-global-deal The UK’s Ardonagh Group has acquired Sydney-based underwriting agency Epsilon as part of a broader, globally significant deal announced today...

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Thu, 27 May 2021 08:51:00 +1000
$10 billion cyclone reinsurance pool announced https://www.insurancenews.com.au/breaking-news/10-billion-cyclone-reinsurance-pool-announced https://www.insurancenews.com.au/breaking-news/10-billion-cyclone-reinsurance-pool-announced A cyclone reinsurance pool for northern Australia, backed by a $10 billion government guarantee, will be announced by Prime Minister Scott Morrison today...

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Tue, 04 May 2021 09:15:00 +1000