Country: Australasia Page 90 / 104
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- November 21 2019
IAG buys motor repair specialist
The Australian giant's move should help speed up claims.
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- November 19 2019
Australia’s PSC buys another Lloyd’s broker
The deal for Carroll Insurance Group follows the acquisition of Paragon International.
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- November 18 2019
Australia’s unprecedented bushfires
Insurers on the hook for over US$100m in a disaster worsened by climate change.
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- November 18 2019
7,500 claims lodged as huge hailstorm slams Queensland
A superstorm has left a trail of destruction and the market has seen US$40m of costs so far.
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- November 15 2019
Australia’s bushfires trigger US$54m of claims
An already-severe bushfire season will hit the nation's insurers hard.
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- November 12 2019
IAG to draw hefty bill from latest bushfires
Market claims could be well over US$100m, as Sydney faces "catastrophic" threat.
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- November 12 2019
Tower’s CEO says New Zealanders’ don’t trust carriers
New Zealand's Reserve Bank to conduct a review of the Insurance Act next year.
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- November 11 2019
Nigel Fitzgerald to take helm at AIG Australia
Former chief executive of Fairfax International Australasia to replace Noel Condon.
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- November 11 2019
ICA declares catastrophe for huge NSW bushfires
The blaze is spread across a staggering 1,000km on the mid-north coast.
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- November 8 2019
Australia’s Cover Genius secures US$10m funding
Its Series B round will be used to fuel expansion in Asia, the US and UK.
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- November 4 2019
Australia to face intensified cyclone risk: IAG
Rising temperatures will lead to more devastation in New South Wales and Queensland.
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- November 4 2019
CBL to delist as shareholders file lawsuit
Legal action follows the collapse of the firm last year.
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- November 1 2019
Insurance Council of Australia appoints president from Suncorp
Gary Dransfield, chief executive of insurance at Suncorp, will step up to serve in the role.
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- October 31 2019
US giant could be on hook for Auckland fire: report
Three insurers, including Chubb, have been reported as behind the coverage for the burnt convention centre.
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- October 25 2019
Auckland fire payout in doubt: expert
Recklessness or gross irresponsibility could be the cause of the convention centre fire.
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- October 23 2019
Action on resilience can avoid uninsurable areas: ICA
There is no more time to wait says the Insurance Council of Australia.
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- October 23 2019
Claims expected after huge fire in central Auckland
The uncompleted New Zealand International Convention Centre has been seriously damaged.
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- October 22 2019
Australia increases disaster mitigation spending by US$34m
The annual government funding will be much welcomed by the market.
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- October 21 2019
Is IAG’s India divestment a good idea?
The Australian giant is set to book a healthy profit but will rely further on its home market.
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- October 21 2019
Australian broker MGA expands with acquisition
The deal for Cotter Insurance Agencies brings MGA's number of offices to 40.
