Suncorp banker takes the wheel at RACQ
04 November 2019
Suncorp CEO Banking and Wealth David Carter will take on the group CEO role at RACQ...
Corporate
RACQ Insurance profit hit by Townsville floods
04 November 2019
RACQ Insurance reported earnings of $33.5 million in the year to June 30, down sharply from $64.3 million in the previous year as weather-related expenses more than doubled...
Genworth looks West as CEO search goes on
04 November 2019
Genworth Mortgage Insurance Australia has named non-executive director Duncan West as acting CEO when Georgette Nicholas vacates the role at the end of the year...
Suncorp targets ‘mobility insurance’ with new app-driven cover
04 November 2019
Suncorp will launch a “mobility insurance” app-powered product line early next year...
WTW offers global equity fund as low interest rates persist
04 November 2019
Willis Tower Watson has started its first Australian-domiciled global equity fund, aimed at wholesale investors including insurers...
Rothbury buys Northland broker
04 November 2019
New Zealand broker Rothbury has acquired Ascot Insurance Brokers to become the third largest broking company in the country...
Australian broking contributes to Gallagher earnings
28 October 2019
Strong results in Australian broking operations helped US broker Gallagher achieve an “outstanding” third quarter...
Climate change resolution fails to gain IAG shareholder support
28 October 2019
The majority of IAG shareholders has voted against a resolution that would have required the insurer to set and disclose targets for reducing its investment exposure to fossil fuel-linked assets...
Tower on track to meet earnings target
28 October 2019
New Zealand general insurer Tower expects to achieve a full-year underlying net profit of about $NZ28 million as announced last month in an investor update...
Liability insurance costs drop for SME retailers and professionals
28 October 2019
Professional indemnity comparator BizCover says SME retailers and professionals are now paying less for public liability insurance...
Mecon launches cover against dodgy subcontractors
28 October 2019
Construction underwriter Mecon Insurance has launched a professional indemnity policy to cover builders against design flaws caused by subcontractors...
Ensurance raising capital for UK business
28 October 2019
Underwriting agency Ensurance has announced a share entitlement issue to raise up to $3.79 million for its growing UK business...
Suncorp cheque boosts fire crews
28 October 2019
Suncorp has made a $20,000 donation to help NSW and Queensland better handle bushfire outbreaks...
AIG names new chief for NZ
21 October 2019
AIG has appointed Toni Ferrier as New Zealand CEO, effective from January 20...
IAG criticised over India exit
21 October 2019
The move by IAG to sell its 26% stake in the SBI General joint venture in India has copped heavy criticism from leading business commentator John Durie...
Class actions planned against CBL and directors
21 October 2019
Two separate shareholder class actions have been launched respectively against failed New Zealand insurer CBL Corporation and its former directors...
360 Aviation announces Swiss Re deal
21 October 2019
Underwriter 360 Aviation has secured the rights to review Swiss Re Corporate Solutions’ expiring general aviation business...
HDI Global takes off with new aviation underwriters
21 October 2019
Specialty insurer HDI Global has appointed two senior aviation underwriters in Australia as it aims to become a major aviation insurance provider to the local market...
BHSI targets surety
21 October 2019
Berkshire Hathaway Specialty Insurance has named Jonathan Griffiths as Head of Surety Australia to oversee its launch into the market...
Steadfast affirms profit guidance, eyes acquisitions
21 October 2019
Steadfast expects to deliver underlying earnings at the top end of a guidance range first announced in August after a solid first quarter...