Country: Australia Page 102 / 108
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- February 12 2019
Commission relief for Australia’s brokers?
Reprieve until 2022 provides clarity for general insurance brokers on commissions, for now.
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- February 5 2019
Australian market avoids major overhaul
Decision over commissions is postponed but the Royal Commission wants greater claims oversight.
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- February 4 2019
Record rain wreaks havoc in northern Queensland
The Insurance Council of Australia has declared a catastrophe in Townsville.
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- January 28 2019
Aussie broker hires former Cover-More CEO
Mike Emmett to take on role in March after leaving Cover-More in December.
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- January 22 2019
MetLife Australia recruits Nunn from Statewide Super
Richard Nunn will leave the pension fund to join the insurer as chief executive in May.
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- January 17 2019
IAG considering India exit
The Australian firm is mulling another retreat from an Asian market.
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- January 16 2019
Willis Re bolsters Australia before head of broking relocates
John Philipsz has been appointed as deputy chief executive of the reinsurance business in Australia.
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- January 8 2019
Clarity sought over call for commission ban in Australia
Insurance Council of Australia wants more information from the Australian Securities and Investments Commission.
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- January 8 2019
Weaver promoted as Boal leaves Willis Towers Watson Australasia
Key roles combined under Simon Weaver after the departure of Andrew Boal.
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- January 7 2019
Pop Insurance targets Asia M&A with Allianz-backed MGA
Fusion Specialty M&A will target corporate and private equity transactions in Asia Pacific.
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- January 4 2019
Extreme hailstorm hits Suncorp for A$250m
The Brisbane-headquartered insurer was hit by Australia's extreme weather in the second half of 2018.
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- January 4 2019
IAG increases annual catastrophe reinsurance by A$1bn
The Australian insurer has described its renewal terms as "relatively flat".
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- December 21 2018
Catastrophe declared for Sydney hailstorm
Insurers on the hook for tens of millions of dollars after the worst hailstorm in 20 years.
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- December 20 2018
Crawford & Co promotes Andrew Bart to global role
Global loss adjuster has promoted its Asia Pacific president.
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- December 19 2018
Competition authority calls for market reform in northern Australia
The Australian Competition Consumer Commission has called for some controversial insurance proposals.
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- December 12 2018
QBE exiting Indonesia, the Philippines and Puerto Rico
The Australian insurer has revealed a restructuring plan for the next three years.
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- December 11 2018
Gallagher’s buying spree continues with aviation broker
Purchase of specialist broker Boston Marks Group further expands Gallagher's global footprint.
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- December 10 2018
JLT faces New South Wales class action lawsuit
Global broker to "vigorously defend" lawsuit from several councils about excessive premiums.
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- November 27 2018
Disaster declared in Queensland from “unprecedented” bushfires
Insurers will be watching closely as 40 bushfires burn in the central part of the state.
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- November 26 2018
ASIC to investigate Commonwealth Bank over credit insurance
Regulator to examine several major Australian institutions over mis-selling.
