Ansvar profit doubles on property gains
25 March 2019
Ansvar Australia’s underwriting profit more than doubled last year as property gross written premium increased and a more benign natural catastrophe environment cut costs…
Corporate
Aviso adds ninth broker partner
25 March 2019
Aviso Group has added Western Insurance Brokers to its Steadfast-affiliated broker network…
Thomas Cook buyer to honour travel policies
25 March 2019
The buyer of British holiday giant Thomas Cook’s local arm says he will honour travel insurance policies written by the former parent…
Steadfast brokers ‘not obliged to use acquired funder’
18 March 2019
Steadfast says its brokers will not be required to use the premium funder it now owns 100%…
Fusion grows with Zurich agency deal
18 March 2019
Fusion Specialty Insurance has expanded its Asia-Pacific mergers and acquisitions capacity through an underwriting agency partnership with Zurich…
QBE ordered to pay $10 million PI claim
18 March 2019
The WA Supreme Court has ruled QBE must pay $10 million plus interest for a professional indemnity claim held by a company that has since been deregistered…
December hailstorms dent Youi result
18 March 2019
Hailstorms in Sydney and Gympie in Queensland cost Youi a combined $17 million in the December half…
Trade credit specialist Prasidium joins IBNA
18 March 2019
Trade credit insurance specialist Prasidium has joined Insurance Brokers Network of Australia…
AM Best maintains Tower’s ratings
18 March 2019
Tower Insurance has a “very strong” balance sheet, according to AM Best, which has affirmed the insurer’s financial strength rating of A- and long-term issuer credit rating of a-…
Allianz hires former Westpac information chief
18 March 2019
Allianz Australia has appointed Mike Wood as CIO, to oversee a range of IT initiatives across Australia and New Zealand…
Brokerage reassures newspaper after ASIC raid
11 March 2019
Victorian regional brokerage Griffiths Goodall is not facing allegations of theft “or anything of a criminal fraud nature”, the company’s GM has told a local newspaper…
Emmett starts as AUB CEO
11 March 2019
Mike Emmett takes the reins today as AUB Group CEO and MD, with predecessor Mark Searles stepping aside…
Gallagher expands in aviation with JLT deal
11 March 2019
Gallagher will acquire JLT’s global aerospace broking business, including operations in Australia and New Zealand, for around £190 million as it continues an expansion in the sector…
Climate demand makes QBE meeting agenda
11 March 2019
QBE will give “thorough consideration” to a shareholder resolution demanding the insurer reduce its ties with coal-linked businesses…
DXC runs innovation contest
11 March 2019
New York-listed DXC Technology has launched its annual contest in search of the country’s most innovative insurance solutions…
CBL Insurance liquidator puts software licence up for sale
11 March 2019
Liquidator McGrathNicol is selling CBL Insurance’s interest in a software licence linked to the failed insurer’s Builders Warranty product…
New QBE parental leave plan aims for gender equality
11 March 2019
QBE has introduced a new paid parental arrangement that eliminates the use of gendered carer labels…
Suncorp beefs up recovery efforts in Townsville
11 March 2019
Suncorp has opened a dedicated office in Townsville to strengthen its claims support for customers impacted by last month’s catastrophic floods…
QBE warned against CommInsure ‘distraction’
04 March 2019
Analysts have urged QBE to concentrate on organic growth after CEO Pat Regan indicated it may be interested in Commonwealth Bank’s general insurance arm…
Catastrophes lift Johns Lyng earnings outlook
04 March 2019
Building services provider Johns Lyng Group says its full-year result will be stronger than expected following the Sydney hailstorm and Townsville flooding…