insuranceNEWS.com.au - Corporate

Allianz businesses convicted, fined $16 million for false statements

Mon, 03 Mar 2025 03:34:21 GMT

A court has convicted Allianz Australia and its subsidiary and imposed criminal fines totalling $16.8 million for false or misleading statements about travel insurance...

IAG says results in order as ASX queries share slump

Mon, 03 Mar 2025 03:33:54 GMT

IAG has responded to a query from the Australian Securities Exchange after its shares fell 12% on February 13 following a first-half earnings report...

Helia GWP climbs amid focus on share, risk settings

Mon, 03 Mar 2025 03:33:13 GMT

Australia’s largest provider of lenders’ mortgage insurance, Helia Group, says gross written premium rose 6% to $195.6 million last year...

QBE Foundation opens latest grants scheme

Mon, 03 Mar 2025 03:32:55 GMT

The QBE Foundation has invited charities and community organisations to apply for $50,000 grants to support climate resilience or inclusion initiatives...

NRMA Insurance backs vulnerability support hub

Mon, 03 Mar 2025 03:32:29 GMT

IAG brand NRMA Insurance has partnered with the One Stop One Story Hub, which connects vulnerable people with a range of support services...

Solution brings branding under CFC umbrella

Sun, 02 Mar 2025 23:24:32 GMT

Australian specialist agency Solution Underwriting has rebranded as a CFC business after the UK cyber expert bought it last April...

QBE targets volume growth after strong profit

Mon, 24 Feb 2025 03:04:45 GMT

QBE has set its sights on business volume gains after exiting loss-making portfolios and reducing its exposure to catastrophe volatility...

Aon national head leaves for regional role

Mon, 24 Feb 2025 03:04:30 GMT

Aon is searching for a new Australia CEO after promoting Jennifer Richards to a regional role...

Marsh boosts Fast Track facility

Mon, 24 Feb 2025 03:04:15 GMT

Marsh has increased the capacity of its Fast Track facility and says from next month, clients can access up to 10% automatic capacity across property and casualty portfolios, and specialty risks...

AUB invests in NZ brokerage

Mon, 24 Feb 2025 03:03:44 GMT

AUB Group has taken a stake in OFS Insurance Brokers, based in Dunedin, New Zealand...

Dual heads into ‘next chapter’ with new branding

Mon, 24 Feb 2025 03:02:54 GMT

Howden-owned intermediary Dual Group has unveiled a new logo for its operations worldwide...

Aviso Broking merges with PSC business

Mon, 17 Feb 2025 03:51:30 GMT

Aviso Broking will become part of PSC Insurance Brokers in a change that creates a business with $920 million gross written premium...

IAG premium growth slows as inflation eases

Mon, 17 Feb 2025 03:49:14 GMT

IAG shares tumbled last week after it forecast full-year gross written premium growth towards the lower end of its “mid to high single digit” guidance range as claims inflation slows...

Suncorp eyes greater efficiency as rate growth moderates

Mon, 17 Feb 2025 03:49:01 GMT

Suncorp says it will pursue efficiency gains, including in claims handling, to ensure margins remain strong as the premium cycle moderates...

Liberty names new Australia president as Abdallah shifts role

Mon, 17 Feb 2025 03:48:01 GMT

Liberty International Insurance has made John McCabe president of Australia under changes to its Asia-Pacific leadership team...

‘Important step’: AMA secures $110 million debt facility

Mon, 17 Feb 2025 03:47:44 GMT

Smash repairer AMA Group says it has received approval from two major Australian banks for debt facilities totalling $110 million...

Benign weather, ‘careful risk selection’ lift Tower forecast

Mon, 10 Feb 2025 01:53:39 GMT

New Zealand insurer Tower has raised its profit guidance for the year to September to $NZ60-$NZ70 million ($54.17-$63.2 million)...

Gallagher ‘excited’ for 2025 after Q4 gains

Mon, 10 Feb 2025 01:53:23 GMT

Gallagher’s Australian operations delivered “high single digit” earnings growth in the fourth quarter...

New cyber head joins Blue Zebra growth push

Mon, 10 Feb 2025 01:52:20 GMT

Blue Zebra has recruited a new head of cyber after Richard Smith moved to Rhodian’s Sync Underwriting...

CFC takes cyber cover into the physical realm

Mon, 10 Feb 2025 01:52:06 GMT

Policyholders under CFC’s $50 million large-line-size cyber cover can now access protection for property damage caused by a digital breach...