Country: Australia Page 114 / 119
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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.
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- November 22 2018
Liberty merges specialty team with Ironshore in Asia Pacific
Redundancies as Liberty International Underwriters integrates local Ironshore operations across the region.
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- November 21 2018
IAG and Suncorp welcome climate initiatives
The two insurers are taking steps to tackle climate change and improve energy efficiency.
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- November 21 2018
Underwriting duo join HDI’s Australasia business
Jane Ravi and Jeremy Smith join the industrial insurer from Axa XL and Chubb, respectively.
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- November 16 2018
QBE restructures Australia leadership teams
There have been some major changes in personnel, job titles and divisions.
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- November 12 2018
Concern over ASIC royal commission’s broking proposals
Submission to Australia's investigation into financial services is a turnaround from 2013.
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- November 9 2018
BMS recruits two from Gallagher in Australia
UK headquartered (re)insurance broker bolsters Australia team.
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- November 9 2018
Travel insurance spurs Zurich’s Asia Pacific growth
The global insurer is gaining momentum in the region.
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- November 1 2018
QBE splits Asia Pacific arm
The business will be divided into two units: International and Australia Pacific.
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- October 26 2018
AMP sells Australia life insurance division
Australia' largest wealth manager has sold the unit to Resolution Life for US$2.34bn.
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- October 8 2018
Aussie commission highlights conflicts
A long-running investigation into the financial services sector has criticised the practice of cross-selling.
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- September 5 2018
Dai-ichi Life confirms purchase of Suncorp’s life arm
Japan’s Dai-ichi Life to pay A$640 million (US$460 million) for the Australian life firm.
