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Steadfast moves into global arena with Unison deal

13 June 2017

Steadfast’s decision to buy a non-controlling stake in Hamburg-based unisonBrokers for an undisclosed price is another stop in a strategy to expand its international business opportunities…

New Ironshore MD retains regional role

13 June 2017

William Lewis will continue as the Asia-Pacific Head of Mergers and Acquisitions for specialist global insurer Ironshore after taking up his new role as the company’s Australian MD…

Broker search engine prepares to go live

13 June 2017

Insurtech Manner is confident its platform designed to help brokers search for underwriters will resonate with the industry when commercial operations begin next month…

IAG buys more catastrophe reinsurance

13 June 2017

IAG has purchased an additional $1 billion of gross catastrophe protection in excess of its existing catastrophe tower of up to $7 billion…

AIG bails on Australian aviation business

05 June 2017

AIG has pulled out of the Australian and New Zealand aviation market, citing a strategic review of market conditions and an underperforming portfolio…

AI to speed motor claims: Suncorp

05 June 2017

Suncorp plans to use artificial intelligence to determine liability in car accidents, helping to speed the claims process and reduce claims costs…

Law change lets CBL step in to help builders

05 June 2017

New Zealand-based CBL Corporation is offering retention bonds to building companies following changes to rules governing retention payments in the construction industry…

Tower suffers first-half loss as catastrophes bite

29 May 2017

Takeover target Tower has reported a half-year loss of $NZ8.2 million, with its result hit by the Canterbury and Kaikoura earthquakes, the “Tasman Tempest” storms and Port Hills fires…

Swiss Re opens P&C underwriting hub

29 May 2017

Swiss Re has set up a combined property and casualty underwriting hub for Asia-Pacific, to tap into the region’s well-documented growth prospects…