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Corporate

Tower lifts first-half profit, sees lower growth ahead

01 June 2020

New Zealand’s third-largest general insurer Tower lifted its net profit to $NZ14.86 million in the six months to March but says it expects to operate in a "low growth environment" for the next 12 to 18 months...

PSC expects Paragon to maintain growth

01 June 2020

PSC Insurance Group says London-based Paragon International, the Lloyd’s broker it acquired last year for a base consideration of £42 million, has achieved revenue growth of 27% so far...

Agile eyes booming gig economy

01 June 2020

A pay-as-you-go insurance product designed for the booming food delivery gig economy will be launched this month, security provider Agile Underwriting Services has announced...

Tower plans to simplify its corporate structure

25 May 2020

New Zealand insurance group Tower has announced plans to simplify its corporate structure, a move that will make Tower Insurance the listed parent company of the business...

US equity firm takes a stake in Honan

18 May 2020

Melbourne-based Honan Insurance Group has entered into a definitive strategic investment deal with US private equity firm TA Associates, the two companies announced today...

John Mutton to lead Austbrokers Corporate

18 May 2020

AUB has appointed John Mutton to head its Austbrokers Corporate business following a rebranding and overhaul of Sydney-based broking firm InterRISK...

Rural Affinity re-signs with Great Lakes

18 May 2020

Rural Affinity has again teamed up with Great Lakes Australia, signing a five-year agency and claims services agreement with the Munich Re-owned business...