Country: Australia Page 1 / 12
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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.
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- September 10 2019
Charles Taylor recruits Stephen Thorpe
The veteran will become director, Asia Pacific, natural resources and engineering at the loss adjuster.
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- September 9 2019
ICA declares bushfire catastrophes
The Insurance Council of Australia is trying to help property owners in New South Wales and Queensland.
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- September 5 2019
HDI Global signs former Zurich exec Alex Tarantino
Tarantino is replacing Andrew Beare who is retiring in October.
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- September 4 2019
Suncorp considering motor supplier exit: report
The Australian giant has been simplifying its businesses over the last 18 months.
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- September 4 2019
Chubb’s John French switches broker roles
Former head of Asia-Pacific distribution is staying in Sydney.
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- September 3 2019
Australia to reveal insurers in customer disputes
The Australian Financial Complaints Authority is working out a start date for the regulation.
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- August 29 2019
Australia prepares for challenging bushfire season
The country's market is bracing for a hot and dry summer.
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- August 28 2019
Allianz Australia to refund US$5.4m to customers
Australian Securities & Investments Commission has requested refunds for consumer credit insurance.
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- August 27 2019
Australian firms see plunge in underwriting result
Nat cats in Sydney and Queensland saw overall annual underwriting profit drop 44.7%.
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- August 26 2019
AIA agrees revised deal for Comminsure Life
The acquisition from Australia's Commonwealth Bank has taken almost two years to complete.
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- August 23 2019
HDI appoints property underwriter in Australia
Abishesh Chettiar has left Zurich to join the fast growing German international player.
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- August 21 2019
Steadfast’s Kelly persists in bullish expansion
The Australian group has raised another US$67.8m to fund acquisitions and CEO Robert Kelly wants to grow internationally.
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- August 21 2019
Options in Australia’s PI market are shrinking: Aon
Capacity is decreasing and prices are hardening after a series of scandals.
