Country: Australasia Page 97 / 108
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- August 2 2019
Willis Towers Watson snaps up Australian M&A broker
The global broker has bought Risk Capital Advisors which has offices in Australia, South Africa, the UK and Hong Kong.
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- July 31 2019
ICA disappointed by Northern Australia Insurance Inquiry
Competition inquiry into northern Australia ignores fundamental issues claims the Insurance Council of Australia.
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- July 29 2019
Creating a US$1bn Australian and UK broking force
PSC Insurance Group is on the acquisition trail with premiums soon to exceed US$1bn.
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- July 29 2019
Suncorp to phase out coal underwriting
The Ossie major has set a deadline of 2025.
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- July 26 2019
Australia’s PSC buys Lloyd’s broker for US$52m
The Melbourne broker has expanded its premium income beyond US$1bn with the Paragon purchase.
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- July 25 2019
UK insurtech funding firm to open in Sydney
Insurtech Gateway is hoping to invest and help grow insurtech firms in Australia.
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- July 23 2019
Greenlight Re backs New Zealand digital MGA
The reinsurer has invested in New Zealand start-up Cove.
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- July 22 2019
QBE reveals US$60m UK hit
The change to personal injury discount rate has hit insurers again in the UK.
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- July 18 2019
APRA to create insurance division after scathing review
The decision by the Australian Prudential Regulation Authority follows a capability review
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- July 17 2019
IAG invests in vehicle subscription service Carbar
The insurer is looking to diversify to understand other markets.
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- July 16 2019
AMP’s life sale to Resolution is “highly unlikely”
Regulatory concerns in New Zealand have been cited by the potential buyer.
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- July 10 2019
Axa XL finalises regional leadership team
The global firm has named a familiar looking senior line-up for Asia-Pacific.
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- July 10 2019
PSC agrees Victoria broker deal
Melbourne-headquartered PSC Insurance Brokers is expanding with a US$30m purchase.
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- July 9 2019
Canopius Australia & Pacific hires four
The Lloyd's insurer, led by Claudio Saita in Australia & Pacific, is on a recruitment drive.
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- July 8 2019
Arag and HDI unite in legal expenses Australia push
The move means Arag has operations in 18 countries across five continents.
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- July 5 2019
Terror risks evolve
Despite declines at the global level, threats in Asia Pacific are significant and continue to develop.
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- July 5 2019
New Zealand ruling aids insurers over quake damage
IAG has secured a win in the Supreme Court regarding assignment law over onsold damaged properties.
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- July 5 2019
Couple convicted of defrauding Dual in Australia
The judge found the couple defrauded MGA Dual out of around US$12m.
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- July 4 2019
Regulator under fire over CBL collapse
Not enough was done for years to investigate CBL's finances a report has found.
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- July 4 2019
Philip van Zyl to lead Sedgwick New Zealand
Existing chief executive Darryl Cowan to become chairman in 2020.
