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Spiralling Canterbury claims hit Tower result

23 November 2015

New Zealand insurer Tower expects to increase claim provisions for the Canterbury earthquakes by $NZ53.2 million for the six months to September 30, resulting in a $NZ13.6 million impact on net profit…

Centrepoint gets a new chairman

23 November 2015

Alan Fisher has been appointed non-executive director and Chairman of Centrepoint Alliance, with Rick Nelson stepping down…

Zurich to wield axe in Australia, UK

16 November 2015

Zurich Australia today warned its general insurance employees that a planned restructure in its local operations could lead to “a number of redundancies”…

IAG rebrands with purple patch

16 November 2015

IAG has removed “Insurance Australia Group” from its new logo, to better reflect its growing international presence…

HDI-Gerling unites Australia, Singapore units

16 November 2015

HDI-Gerling Industrial Insurance is to bring its Singapore branch under the purview of Australian branch MD Stefan Feldmann, in an “organisational reform” to make the German insurer more competitive in the region…

CBL targets UK tax probe specialist

16 November 2015

New Zealand specialty insurance and reinsurance group CBL Corporation plans to acquire UK tax investigation insurance provider Professional Fee Protection…

Cover-More travelling well

16 November 2015

Travel insurer Cover-More has delivered a 10.3% increase in net profit to $31.1 million despite subdued local trading conditions…

Calibre debuts in commercial market

09 November 2015

Calibre Commercial Insurance was officially launched last week following Munich Re’s purchase of Calliden’s general insurance operations…

Port sues Aon over insurance arrangements

09 November 2015

Aon New Zealand will defend a lawsuit brought against it by Lyttelton Port Co over the insurance arrangements it had in place when the port was hit by a major earthquake…

Beazley helps businesses weather the storm

09 November 2015

Specialist insurer Beazley has introduced a policy that protects seasonal businesses against previously uninsured weather events – and helps them retain customer loyalty…

MDA National teams up with AMA NT

09 November 2015

MDA National is the preferred indemnity provider for the NT branch of the Australian Medical Association following a tie-up between the two organisations…