Country: Australasia Page 96 / 109
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- October 14 2019
Bushfires in New South Wales cause widespread damage
The fires are the latest signal it is going to be a long, destructive season.
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- October 10 2019
Taskforce requests New Zealand EQC cap raise
A Wellington group says cover issues related to earthquakes need to be urgently addressed.
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- October 8 2019
Australia’s Reserve Bank warns on profits and climate
A financial stability review has raised concerns for the life market and about climate change.
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- October 7 2019
Criminal charges pressed against CBA subsidiary
CommInsure is facing 87 charges related to the selling of life policies in 2014.
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- October 4 2019
Axis Capital is latest withdrawal from Australian coalmine
Bermuda-based group joins 15-long list of market players to snub the Adani controversy.
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- October 4 2019
Allianz’s GT Australia appoints Tony Dodd as chief executive
Dodd has already assumed the role of deputy chief executive at Allianz's Australian subsidiary.
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- October 2 2019
Chubb appoints Australia and New Zealand head of claims
Long-time Chubb exec Simon Priebbenow to lead division.
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- October 2 2019
Suncorp simplifies with US$295m sale
The Australian giant has sold the majority of its car repair business.
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- October 1 2019
Westpac considering selling life division: report
There has been a recent trend for Australian banks to sell their life arms.
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- September 26 2019
Allianz Australia’s chairman John Curtis set to retire
Paula Dwyer to take over as chairman in January 2020.
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- September 26 2019
Global groups request another IFRS 17 delay
Insurers worldwide seek more time to implement the already-postponed adoption of IFRS 17.
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- September 25 2019
Australian bushfire claims climb to almost US$14m
A severe and early bushfire season means mounting claims in Australia.
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- September 24 2019
Steadfast completes IBNA takeover bid
The deal will significantly increase the listed broking group's reach.
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- September 18 2019
ICA warns on reinsurance pool for northern Australia
Disaster risk mitigation should be prioritised says the Insurance Council of Australia.
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- September 17 2019
IAG defending potential US$690m class action suit
The first court hearings of an add on lawsuit against the Australian giant have begun.
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- September 13 2019
Mining in survival mode
The mining insurance market is hardening after huge losses, insurer retrenchment and environmental concerns.
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- September 12 2019
Australian players warn on climate as bushfires rage
Unseasonably early bushfires are making IAG and Youi uneasy.
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- September 11 2019
Enstar acquires portfolios from Munich Re in Australia
The legacy player has picked up several long tail portfolios.
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- September 11 2019
NSW and Queensland bushfire claims near US$10m
Almost 100 claims have already been lodged according to the Insurance Council of Australia.
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- September 10 2019
Suncorp appoints Steve Johnston as CEO; rejects break-up
Long serving CFO to take on the role having served an interim period.
