JLT recruits Willis GM for tailor-made role
02 March 2015
Willis GM Placement Services, Risk Services and Claims Maurice Gatto is to join JLT as GM Broking and Placement…
Corporate
Austbrokers’ NZ arm appoints director
02 March 2015
Austbrokers subsidiary NZ Brokers Holdings has appointed Andrew Aitken as non-executive director…
Taylor Fry promises ‘superior offering’ as Qantas takes a stake
02 March 2015
Qantas has acquired a 51% stake in analytics and actuarial consulting business Taylor Fry…
Australian Unity reports general insurance gains
02 March 2015
Australian Unity increased general insurance revenue by 83% to $760,000 in the six months to December 31, after renegotiating a key distribution agreement…
Calibre emerges from Calliden break-up
23 February 2015
The Calliden insurance operations sold to Munich Re last year will be renamed Calibre Commercial Insurance, and there are plans to expand the group’s offering of specialty products…
Suncorp changes EGM line-up
23 February 2015
Suncorp has reshuffled its senior management team, with Andrew Mulvogue becoming EGM Commercial Insurance Distribution, replacing new EGM Life Distribution Andrew Mair…
Cerno placed into voluntary administration
23 February 2015
Loss adjuster Cerno has been forced into voluntary administration after merging with claims services specialist Stream Group…
Rates unlikely to harden this year: IAG
23 February 2015
IAG does not expect significant upward pricing pressure in the next six months, MD and CEO Mike Wilkins says…
Genworth shares down after Westpac cancels deal
23 February 2015
Genworth Mortgage Insurance Australia’s shares have slumped more than 20% to $3.305 after it announced the loss of a major contract…
Cover-More profits rise as expansion pays off
23 February 2015
Travel insurer Cover-More has reported a 26.6% rise in net profit after tax to $11.9 million for the six months to December 31…
Steadfast launches retail offer after raising $186 million
23 February 2015
Steadfast has completed an $89 million placement to institutional investors and a $97 million institutional entitlement offer…
IAG picks Cover-More as NZ insurance partner
23 February 2015
Cover-More has secured a deal to provide IAG customers with travel insurance and medical assistance in New Zealand…
Steadfast builds as it announces revenue jump
16 February 2015
Steadfast has surprised the local market with today’s $300 million-plus swoop on QBE’s underwriting agencies, a related brokerage and most of the substantial assets of founding member IC Frith…
Suncorp warns of impact from economic slowdown
16 February 2015
Suncorp Group CEO Patrick Snowball says a slower economy will lead to lower growth in coming months…
Zurich names new Asia-Pacific Chairman
16 February 2015
Zurich Insurance Group Chief Investment Officer Cecilia Reyes will take on the additional role of Regional Chairman Asia-Pacific, replacing Geoff Riddell from April 1…
Latevo seeks agents for crop cover
16 February 2015
Crop insurer Latevo International is seeking more brokers to distribute its product nationally, having decided to abandon its former direct market approach…
Brisbane storm tears chunk from Commonwealth result
16 February 2015
Commonwealth Bank recorded insurance income of $416 million for the half-year to December 31, up 8% on the corresponding period in 2013…
Genworth builds profit, warns over unemployment
16 February 2015
Genworth Mortgage Insurance Australia has urged caution for this year, despite exceeding profit expectations since floating last May…
Vero joins Qantas rewards scheme
16 February 2015
Vero has partnered with Qantas to let SME customers buying insurance products to earn loyalty points linked to the airline’s Aquire rewards program…
Chinese investor finalises Ironshore stake
16 February 2015
Investment group Fosun has finalised the purchase of a 20% stake in Bermuda-based insurer Ironshore for $US463.83 million ($597.48 million)…