Wildfires, storms drive up QBE cat bill
12 May 2025
QBE’s catastrophe costs have reached about $US420 million ($654 million) for the year so far, the company told last week’s annual general meeting, where it affirmed full-year financial guidance...
Corporate
IAG fills exec roles amid shake-up of intermediated arm
12 May 2025
IAG has revamped its intermediated division to create a “more agile, innovative and customer-focused business”...
Melbourne brokerage teams with McLardy McShane
12 May 2025
Stewart Insurance Group in Melbourne has entered a joint venture called McLardy McShane Stewart...
Helia examines employee share trades ahead of CBA news
12 May 2025
Helia Group’s board has engaged an independent adviser to review employee share trading before news broke the insurer was on track to lose its largest customer...
CBA contract loss threatens Helia position: S&P
12 May 2025
Helia’s competitive position in the lenders’ mortgage insurance market “could weaken” if it loses its Commonwealth Bank contract, S&P Global Ratings has warned...
Gilchrist Connell secures APAC partnership
12 May 2025
Law firms Gilchrist Connell and DAC Beachcroft have formed a strategic association to provide legal services for insurers, brokers and businesses in the Asia-Pacific region...
Australasia Underwriting unveils brand ‘evolution’
12 May 2025
Australasia Underwriting has rebranded as AUPL and expanded its general insurance offerings...
Allianz jumps on board with cruise line
12 May 2025
Allianz Partners Australia has joined forces with Norwegian Cruise Line on a new standalone travel cover...
SafetyCulture Care, Allianz agree eight-year deal
05 May 2025
Allianz Australia has signed an eight-year agreement to continue underwriting insurance through agency SafetyCulture Care, which focuses on using technology to reduce risks...
British underwriter eyes Australian market ‘momentum’
05 May 2025
Carbon Underwriting’s new CEO Jacqui Ferrier says the Australian market offers opportunities for specialist underwriters and is “very much on our radar”...
Labor home loan plans pose instability risk, Helia says
05 May 2025
Lenders’ mortgage insurance specialist Helia Group says the Labor government’s proposed Home Guarantee Scheme changes are counterproductive to making home ownership more accessible...
Crash repairer AMA reports improved quarter
05 May 2025
AMA Group has reported a stronger third-quarter result and provided a full-year earnings forecast as it continues to pursue performance improvements...
Munich Re appoints local CFO
05 May 2025
Diana Baer has been promoted to CFO at Munich Re Holdings of Australasia...
Southern Cross Travel chief to join NZ medical mutual
05 May 2025
New Zealand mutual Medical Assurance Society says Jo McCauley will join as CEO on August 4...
Watchdog sets new date for RACQ, RAA deal findings
28 April 2025
The Australian Competition and Consumer Commission is planning to next month release findings on the proposed IAG and Allianz acquisitions of motoring club insurance operations after previously extending the review timeframe...
‘Absurd’: brokers continue to bag commission consent law
28 April 2025
General insurance intermediaries have continued to attack new commission consent requirements, following an article published in our broker newsletter last week...
Chubb appoints Asia-Pacific accident and health chief
28 April 2025
Janene Blizzard has been promoted to Asia-Pacific head of accident and health at Chubb...
AM Best affirms Tower ratings
28 April 2025
AM Best has affirmed the A- (excellent) credit rating of New Zealand insurer Tower, and its long-term issuer credit rating as a- (excellent)...
Hollard ‘co-operating with ASIC’ as claim delay case heads to court
14 April 2025
Hollard Insurance says it supports efforts by the corporate watchdog to improve policyholder outcomes and is co-operating amid legal action over its claims handling...
QBE flags contractor risk for micro-SMEs
14 April 2025
Insurer QBE says micro-SMEs relying on contractors is a “significant and growing” area of risk that brokers can assist with...