Steadfast races ahead of earnings guidance
03 May 2021
Steadfast Group has again raised its earnings guidance for this financial year as the business continues to perform ahead of expectations...
Corporate
Suncorp sells wealth business as it hones focus
03 May 2021
Suncorp has sold its Australian wealth business for $45 million as the company simplifies its portfolio and hones its focus on its core insurance and banking operations...
Genworth watching bank lending data as claims uncertainty persists
03 May 2021
Genworth Mortgage Insurance says it is working closely with its lender customers and will carefully monitor home loan data over the course of this year as uncertainty over the claims outlook persists...
Willis Towers Watson commits to reconciliation plan
03 May 2021
Willis Towers Watson has committed to an Aboriginal and Torres Strait Islander Reconciliation Action Plan as part of the firm’s local response toward elevating diversity and inclusion...
AM Best affirms Tower’s A- credit rating
03 May 2021
AM Best has affirmed Tower New Zealand’s A- rating and stable outlook, reflecting a “very strong” balance sheet, adequate operating performance, neutral business profile and robust enterprise risk management...
IAG announces CGU head
26 April 2021
IAG says Melbourne-based Damien Gallagher will lead its CGU business, reporting to Jarrod Hill who joins from Chubb in September to lead the insurer’s new Intermediated division...
Steadfast moves to strengthen global network
26 April 2021
Steadfast’s acquisition of a majority stake in unisonSteadfast will pave the way for initiatives to put the global network of independent brokers in a stronger position, CEO Robert Kelly says...
NRMA Insurance’s Minecraft world inspires young resilience builders
26 April 2021
Young Australians can learn how to make communities more resilient to natural disasters thanks to a new Minecraft world unveiled by NRMA Insurance...
Suncorp NZ signs ambitious emissions reduction pledge
26 April 2021
Suncorp New Zealand has signed up to an ambitious pledge to reduce greenhouse gas emissions and educate its employees, suppliers and customers about climate change to contribute to the nation being carbon neutral by 2050...
NZ’s Rothbury expands with acquisition of TSI Brokers
26 April 2021
New Zealand’s Rothbury Insurance has acquired TSI Brokers and Consultants, further expanding its presence nationally...
AUB sees strong demand for non-equity Alliance
19 April 2021
AUB Group says the launch of non-equity network, The Insurance Alliance, provides a new business opportunity and complements its existing offerings for brokers...
Suncorp prepares to defend add-on class action
19 April 2021
Suncorp says it “intends to defend” an add-on insurance class action that has been launched against it by Maurice Blackburn...
Hosking brought in as PSC pursues growth
19 April 2021
PSC Insurance Group says the appointment of former Allianz executive David Hosking to the new role of CEO Australia and New Zealand will help drive further expansion...
Zurich appoints Tim Scott-Young to key role
19 April 2021
Zurich has named Marsh executive Tim Scott-Young as Chief Claims Officer for general insurance in Australia and New Zealand, with the appointment effective from May 17...
Executive trio completes new structure at Allianz
19 April 2021
Allianz Australia has completed its executive search after introducing a new operating model at the start of the year focused on three key customer segments...
Honan to offer reinsurance solutions
12 April 2021
Australian broking house Honan Insurance Group is adding a new string to its bow, offering reinsurance solutions via a new division called Honan Re which kicks off operations this week...
QBE set to shortlist building consultants, engineers for new panel
12 April 2021
QBE is calling on building consultants and engineers to register interest in providing their services across the insurer’s personal and commercial lines...
Auto & General starts search for local CEO
12 April 2021
Auto & General will conduct a comprehensive search for a new local CEO after the departure of John Myler who has resigned from the top job after 15 months in the role...
PSC completes UK acquisitions
12 April 2021
PSC Insurance Group has completed its acquisitions of UK commercial brokerages, Trust Insurance Services and Abaco Insurance Brokers...
Ardonagh forms unit to drive international growth
12 April 2021
UK-based Ardonagh Group has formed a global division to oversee its expanding portfolio of international businesses and to pursue further growth plans in markets including Australia...