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Corporate

AGCS names James Stack Pacific CEO, cuts financial lines

08 July 2019

Allianz Global Corporate & Specialty has named James Stack as Pacific CEO, as the business prepares to cease underwriting professional indemnity and directors’ and officers’ cover in Australia and New Zealand...

Tokio Marine snaps up second IAG agency

08 July 2019

Tokio Marine has purchased IAG’s Accident and Health International Underwriting agency, as it looks to expand in the region through niche specialty business lines...

Sedgwick names incoming CEO

08 July 2019

Claims manager Sedgwick has named Philip van Zyl as the next CEO of its New Zealand business, replacing Darryl Cowan...

D&O rates to keep rising, Honan says

08 July 2019

The directors’ and officers’ insurance market will harden even further, driven by claims pressure following the Hayne royal commission and a growing risk of well-funded class actions against companies, Honan says...

Sura seals Guild partnership

01 July 2019

Specialist underwriting agency group Sura is partnering with Guild Insurance’s intermediary division Acerta to provide professional indemnity cover across multiple portfolios...

Insevo parent buys Littlewoods

01 July 2019

Walden Path Group, the parent of insurance services provider Insevo, has acquired Sydney-based Littlewoods Services...

Gallagher continues Australian takeover spree

24 June 2019

Gallagher has taken ownership of P2 Group, an occupational health practice in Victoria, building on recent investments aimed at expanding its offerings in Australia...

AIG pulls out of NZ high-net-worth market

24 June 2019

AIG will no longer offer high-net-worth insurance in New Zealand from the end of next month, after discontinuing its Private Client Group home, contents and yacht cover...