Corporate
AUB forecasts strong growth, raises mid-term targets
28 August 2023
AUB Group has forecast strong growth this financial year as its UK Tysers acquisition provides benefits while premium rate momentum continues...
New PSC chairman to ‘find acquisitions’ after Honan, Tysers snags
28 August 2023
Incoming PSC Insurance Group non-executive Chairman Paul Dwyer will support the broker’s search for potential investment opportunities when he takes over from Brian Austin after the annual general meeting in November...
HDI Global mid-market strategy ‘gaining traction’
28 August 2023
HDI Global Australia says its mid-market strategy is gaining traction and the branch has made a meaningful contribution to the Germany-based group’s overall first-half financial results...
Helia business impacted by First Home Guarantee scheme
28 August 2023
Lenders’ mortgage insurer Helia Group says the Federal Government’s First Home Guarantee scheme is having a “material impact” on its business...
Nib travel arm achieves record GWP
28 August 2023
Nib Holdings’ travel business rebounded strongly as a surge in post-pandemic travel drove gross written premium to a record $224.1 million for the year to June 30. In the preceding year GWP reached $96.5 million...
Berkley Re discusses rising ‘worker-to-worker' liability claims
28 August 2023
Berkley Re Asia Pacific CEO Glen Riddell has flagged the rising trend of employment related worker-to-worker liability claims in a video discussion...
Finity forms strategic partnership with NIWA
28 August 2023
Finity has partnered with New Zealand’s National Institute of Water and Atmospheric Research to help deliver insights on water perils within New Zealand and the wider Pacific region...
Rate rises drive IAG earnings
21 August 2023
IAG has posted improved full-year insurance earnings, supported by price-driven growth at its key Direct Insurance Australia and Intermediated Insurance Australia divisions...
Marsh aims to be ‘mid-market leader’ with Honan acquisition
21 August 2023
Global broking giant Marsh has agreed to acquire Melbourne-headquartered Honan Insurance Group, as it aims to strengthen its mid-market presence...
Steadfast sees rate rise, acquisition benefits after strong result
21 August 2023
Steadfast expects premium rate increases to continue at a similar pace this financial year, while it will also benefit from its acquisition pipeline...
Emergence announces ‘next iteration’ of personal cyber
21 August 2023
Cyber underwriter Emergence Insurance has introduced a new group personal cyber product for businesses to offer as part of an employee benefit...
Sedgwick combines construction and engineering claims team
21 August 2023
Sedgwick has announced it will consolidate its engineering and construction claims service under a singular portfolio led by Head of Construction Andre Mataia...
Catastrophes, North America curb QBE first-half profit
14 August 2023
Catastrophes and the performance of the North American division have driven a weaker first-half QBE insurance operating result, while a surge in investment returns boosted the bottom line...
Suncorp says cost environment ‘remains challenging’
14 August 2023
Suncorp is aiming for price-driven gross written premium growth of around 10% this financial year to counter the challenging cost environment...
Australia a main contributor to ‘excellent’ Allianz P&C growth
14 August 2023
Allianz says Property & Casualty price and volume in Australia were both positive in the second quarter as its global P&C business volume rose 8% to €17.62 billion...
Berkley expands online broker portal
14 August 2023
Berkley Insurance Australia has expanded its online broker platform, bindIT, to offer clients access to Public and Products Liability insurance options...
PSC announces Ensurance acquisition
14 August 2023
PSC Insurance Group is set to expand its Australian presence with the proposed acquisition of Ensurance, an underwriting agency specialising in professional and financial lines...
Suncorp to support appeal on ACCC bank sale rejection
07 August 2023
Suncorp will support ANZ in an appeal against the Australian Competition and Consumer Commission’s decision to block the sale of the insurer’s banking division and says it’s now targeting deal completion by the middle of next year...
Crawford national adjuster promoted to Australia President
07 August 2023
Crawford & Company has promoted National Executive Adjuster Jonathan Hubbard to Australia President...
Vero NZ appoints acting CCO
07 August 2023
Vero New Zealand has appointed experienced industry figure Paul Gallop as acting Chief Customer Officer following the departure of Campbell Mitchell to Fidelity Life...