S&P affirms Suncorp’s ratings
02 February 2015
Standard & Poor’s has affirmed its A credit rating on Suncorp’s insurance holding company and A+ rating on core subsidiaries AAI, Vero New Zealand, AA Insurance, Suncorp Life and Asteron…
Corporate
Stream, Cerno merger set for completion
02 February 2015
Stream Claims Services says its merger with loss adjuster Cerno will be completed by Friday…
Austbrokers takes stake in healthcare group
02 February 2015
Austbrokers has bought a 60% stake in occupational healthcare provider Altius Group, as part of its ongoing diversification strategy…
McLardy McShane continues expansion drive
02 February 2015
Broker group McLardy McShane has added Melbourne broker Hunt Insurance Services and McLardy McShane South Gippsland to its authorised representative and branch network…
Consumer group wary of Suncorp home repair partnership
02 February 2015
A consumer rights group has raised concerns over Suncorp’s ground-breaking deal with Victorian-based HomeRepair…
Liberty bolsters Asian operations
02 February 2015
Liberty International Underwriters Executive VP Asia-Pacific Noel MacCarthy has moved from Sydney to Singapore as the company strengthens its Asian operations…
Vero NZ extends AMP link-up
02 February 2015
Vero has renewed its partnership with AMP in New Zealand for a further seven years…
MDA National appoints new chief
02 February 2015
MDA National has appointed Ian Anderson as its CEO. He replaces Peter Forbes, who is retiring after 39 years with the medical indemnity insurer…
PSC Capital to acquire Lloyd’s broker
15 December 2014
Australian investment company PSC Capital, which includes the PSC Insurance Group, is to acquire 72% of Lloyd’s reinsurance and insurance broker Alsford Page & Gems Holdings in the UK…
Calliden absorbed into Steadfast
15 December 2014
Calliden has ceased to be a publicly listed company after the Federal Court approved its takeover by Steadfast last week…
Berkshire Hathaway secures Singapore licence
15 December 2014
Berkshire Hathaway Specialty Insurance has gained a Singapore insurance licence and poached two AIG executives for its Asian operations…
Arch goes silent as regional director departs
15 December 2014
Arch Insurance has declined to comment following the abrupt removal of its Sydney-based regional director Robin Barham…
Partners first to adopt ACORD standard
15 December 2014
Steadfast and insurance partner Berkshire Hathaway are the first companies in the world to implement a new messaging standard for home and motor products…
Liberty launches insurance operations
15 December 2014
Lender Liberty Financial has expanded into general insurance with the launch of LFI Group…
Vero opens door to under-excess fleet claims
15 December 2014
Vero can now handle motor fleet claims for repair costs below an insurance policy’s excess…
Westcourt signs premium funding venture
15 December 2014
Westcourt General Insurance Brokers has entered a premium funding joint venture with Principal Finance…
Lloyd’s advertises locally for new Australia chief
11 December 2014
Lloyd’s Australia has advertised for a new MD based in Sydney. The role has previously been filled from among its London management group…
Calliden shareholders back Steadfast bid
08 December 2014
Calliden shareholders have voted to support a takeover bid from broker cluster group Steadfast…
Gallagher turns Blue for latest acquisition
08 December 2014
Arthur J Gallagher has bought Brisbane-based Blue Holdings, hot on the heels of acquiring Instrat Insurance Brokers…
Vero nears end of Christchurch quake program
08 December 2014
Vero NZ expects to have paid 90% of commercial claims from the Canterbury earthquakes by next June…