Country: Australasia Page 51 / 105
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- December 20 2022
NSW Supreme Court rules in favour of JLT in local government dispute
The Richmond Valley Council began the action on behalf of 12 NSW councils in December 2018.
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- December 16 2022
AIG Australia CEO Nigel Fitzgerald heads to Steadfast as COO
Fitzgerald will join the broking firm in the second quarter of 2023 and will be based in Sydney.
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- December 16 2022
Opinion: RACQ exit rumour calls into question CTP scheme
Demands for an overhaul of the state’s motor insurance framework have resurfaced with the reports of a possible sale of the club’s motor arm.
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- December 15 2022
New Zealand Provident Insurance combined ratio 93%: AM Best
Lower usage of vehicles during Covid resulted in less motor claims and led to better underwriting results.
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- December 15 2022
New Zealand 2022 extreme weather claims top US$216m
The country experienced “wave after wave of extreme wet weather” during the warmest and wettest winter on record.
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- December 14 2022
Gallagher acquires Aviation Insurance Australia
The aviation broker's MD Ian Tait and his team will stay in Brisbane and report to Paul Harvey, Gallagher's Australia specialisms MD.
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- December 13 2022
Australia broker M&A spree to stay in high gear
Despite a dwindling pool of independents and rising interest rates, international and local players are driving up the competition.
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- December 12 2022
AUB merges New Zealand broking arm with ICIB
ICIB BrokerWeb Insurance and Risk Advisory to be led by ICIB managing director Grant Milne and will be NZ's fifth largest broker.
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- December 11 2022
RACQ exploring ‘long-term partnerships in reinsurance’
The club declined comment on reports of plans to sell its flood-hit insurance business.
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- December 9 2022
October Australian flood damage bill at US$533m: Perils
La Nina conditions that triggered these floods are forecast to extend into their third consecutive year in 2023.
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- December 8 2022
Coherent promotes Helen Attenborough to Australia and NZ CEO
The COO retains her current role and relocates to the insurtech’s new Sydney base.
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- December 6 2022
Gallagher continues M&A push with Brisbane broker buy
Ausure Coast & Country is the seventh Australian acquisition in as many months for the global broker, which says there are more deals 'to come'.
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- December 5 2022
Suncorp New Zealand hires Tower underwriting head
Nicholas Meister has joined the Australian insurer's arm as executive manager for broker business and channel partnerships.
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- December 3 2022
Cornerstone Risk acquires broker PMA Trilogy
This is the third acquisition by the Brisbane-based broker in as many months.
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- December 1 2022
Howden assumes full ownership of Australian subsidiary AlphaXO
The Sydney-based marine specialist, earlier known as FP Marine Risks, has been part of the global broking group since 2007.
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- December 1 2022
Honan Insurance acquires logistics expert ATIA
The Melbourne-based target, which will continue to use its brand, also offers financial and political risk advisory.
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- November 30 2022
Australia floods: insurers settle US$2.37bn in 2022 claims
About 69% of the 237,000 claims raise this year have been settled to date, according to data from the Insurance Council of Australia.
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- November 30 2022
Tokio Marine-backed ICEYE in Asia nat cat data push
The Finnish satellite tech provider, which offers disaster claims management services, is looking to expand beyond Australia and Japan.
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- November 30 2022
Aon shakes up APAC reinsurance leadership
Robert De Souza to take charge as regional president, Reinsurance Solutions and John Carroll to succeed him as Australia and New Zealand CEO.
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- November 30 2022
Steadfast-owned Insurance Brands Australia snaps up Victoria broker
The Mattiske & Henderson acquisition is the broker's second deal in two weeks following its Aus Insurance buy earlier this month.
