JLT launches self-insurance workers’ comp
30 October 2017
Broker JLT and the Municipal Association of Victoria will launch a workers’ compensation self-insurance scheme for local government employers on Wednesday…
Corporate
Gallagher hails Australia-NZ performance
30 October 2017
Gallagher says its Australia and New Zealand broking business achieved strong third-quarter growth and premiums are continuing to rise…
RACQ insurance revenues rise 5.6%
30 October 2017
RACQ insurance premium revenue rose 5.6% to $758.4 million last financial year, the Queensland group shows in its latest annual report…
Australian Unity announces restructure
30 October 2017
Australian Unity has unveiled a restructure aimed at capitalising on growth opportunities…
IAG puts Asia expansion on back-burner
23 October 2017
IAG says it is unlikely to make major investments in Asia in the short-term and is focusing on its core Australia and New Zealand markets…
Assurant to pay $3 billion for Warranty Group
23 October 2017
Global risk management provider Assurant is to acquire The Warranty Group for $US2.5 billion…
Westpac refunds $65 million over insurance discounts
23 October 2017
Westpac is refunding a total of $65 million to 200,000 customers with packaged accounts after they did not receive benefits to which they were entitled, including discounts on home and contents insurance…
Zurich backs marriage equality campaign
23 October 2017
Zurich has joined a string of insurance companies and brokers including QBE, Suncorp, Allianz, IAG, Willis Towers Watson, Marsh and Youi in backing same-sex marriage…
WA-based Nexus expands east
23 October 2017
Nexus Risk Services has expanded from WA into the eastern states with the opening of an office in Sydney this month…
Insurers explain move to include lower-rated assets
16 October 2017
Insurers have defended the proportion of lower-rated assets in their investment portfolios following a report in The Australian newspaper today…
QBE keeps positive outlook despite hurricane hit
16 October 2017
S&P Global Ratings has affirmed its positive outlook and A+ financial strength rating for QBE after the insurer warned its earnings will take a hit from US hurricanes and earthquakes in Mexico…
Cameron shuffles executive pack to fast-track strategy
16 October 2017
Suncorp believes significant changes to its leadership team will enable it to deliver strategic aims more quickly…
Broker links unchanged as Allianz restructures
16 October 2017
Allianz has been careful to keep its key relationships with brokers unchanged as it restructures its state and regional corporate and commercial teams…
British entrepreneur sets up motor claims management service
16 October 2017
UK-based claims management provider Action365 will establish a new venture in Australia later this year…
Honan buys Singapore-based operation
16 October 2017
Honan Insurance Group has acquired Singapore-based NGA Benefits, an employee benefits consulting and insurance intermediary and administrator that also has operations in neighbouring Malaysia…
CBL to enter Indian surety and guarantee bond market
16 October 2017
Specialist insurer CBL is to become the first non-bank provider of surety and guarantee bonds for infrastructure developments in India, through a joint venture with Indian infrastructure finance company Srei Group…
Fast start for new agency
16 October 2017
New underwriting agency FTA Insurance says it has enjoyed a positive start, receiving 300 submissions in its first month and binding one in three quotes…
EML makes workers’ comp video guide
16 October 2017
Personal injury insurance specialist EML has produced a video to help injured people understand workers’ compensation…
QBE’s Regan ‘faces a challenging 12-24 months’
09 October 2017
Incoming QBE Group CEO Pat Regan “will face a challenging 12-24 months at least getting to grips with the complex and expensive aftermath of damaging natural peril events” researcher Morningstar has warned…
Hearing backs Allianz on NZ CEO firing
09 October 2017
Allianz “justifiably dismissed” former New Zealand CEO Eugene Elisara on grounds of serious misconduct, the country’s Employment Relations Authority has ruled…