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 Strong first-half results buoy QBE confidence https://www.insurancenews.com.au/corporate/strong-first-half-results-buoy-qbe-confidence https://www.insurancenews.com.au/corporate/strong-first-half-results-buoy-qbe-confidence QBE has maintained its earnings targets after a strong first-half which saw net profit increase 29% to $US463 million ($682 million) from a year earlier...

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Mon, 19 Aug 2019 12:44:00 +1000
Pemba contests Coverforce stakes held by Resilium owners https://www.insurancenews.com.au/corporate/pemba-contests-coverforce-stakes-held-by-resilium-owners https://www.insurancenews.com.au/corporate/pemba-contests-coverforce-stakes-held-by-resilium-owners Private equity investor Pemba Capital Partners is seeking court orders to have Coverforce shareholding documents corrected in a dispute centring around equity issued to the owners of the Resilium broking business...

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Mon, 19 Aug 2019 12:43:00 +1000
APRA imposes $250 million condition on Allianz https://www.insurancenews.com.au/corporate/apra-imposes-250-million-condition-on-allianz https://www.insurancenews.com.au/corporate/apra-imposes-250-million-condition-on-allianz Allianz has to keep an extra $250 million in capital requirement until the business has finished the remediation work to improve its risk oversight and addressed lapses uncovered in a self-assessment test, the Australian Prudential Regulation Authority says...

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Mon, 19 Aug 2019 12:42:00 +1000
Johns Lyng strata buy boosts growth aims https://www.insurancenews.com.au/corporate/johns-lyng-strata-buy-boosts-growth-aims https://www.insurancenews.com.au/corporate/johns-lyng-strata-buy-boosts-growth-aims Johns Lyng Group has bought a controlling stake in Sydney-based strata and facilities management business Bright & Duggan in a deal it says is a “game changer”...

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Mon, 19 Aug 2019 12:41:00 +1000
QBE flags customer charter launch https://www.insurancenews.com.au/corporate/qbe-flags-customer-charter-launch https://www.insurancenews.com.au/corporate/qbe-flags-customer-charter-launch QBE is launching a new Customer Charter, a project that involved input from more than 100 representatives from the insurer’s property supplier network...

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Mon, 19 Aug 2019 12:41:00 +1000
Australian Seniors opens second branch https://www.insurancenews.com.au/corporate/australian-seniors-opens-second-branch https://www.insurancenews.com.au/corporate/australian-seniors-opens-second-branch Australian Seniors Insurance Agency has opened a second bricks-and-mortar store, building on the successful launch of its first branch last November in Castle Towers, NSW...

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Mon, 19 Aug 2019 12:40:00 +1000
Insurer claims NZ first with personal cyber cover https://www.insurancenews.com.au/corporate/insurer-claims-nz-first-with-personal-cyber-cover https://www.insurancenews.com.au/corporate/insurer-claims-nz-first-with-personal-cyber-cover Auckland-based Delta Insurance has introduced cover to protect individuals and households from cyber-attack losses...

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Mon, 19 Aug 2019 12:39:00 +1000