Country: Australia Page 64 / 93
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- May 7 2021
QBE appoints Malaysia CEO and reveals strong Q1 2021 rate rises
Sunther Kuppan's interim role confirmed as chairman Mike Wilkins reports GWP up 28%.
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- May 6 2021
Australia’s cyclone risk plan a roadmap for emerging Asia
Private sector insurers cannot address the threat alone.
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- May 5 2021
Australia’s US$7bn reinsurance pool targets N Queensland premiums
ICA chief says more needs to be done to lower costs in cyclone-hit region.
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- May 4 2021
Gallagher snaps up Canberra’s Mutual Brokers
The deal expands the US broker's presence in the Australian Capital Territory.
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- May 4 2021
Queensland Halloween hail estimate drops to US$900m: Perils
Latest report shows property accounted for 86% of insured losses.
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- April 28 2021
APAC’s D&O landscape shaped by cyber and data risks
WTW and Clyde & Co. report says insurers are focusing on governance, audit and incident response amid an evolving threat landscape.
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- April 27 2021
Australia’s turn to weigh in on Aon/WTW
The ACCC may also require asset sales as the US and EU seek divestitures.
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- April 23 2021
Australia claims data shows value of advisers
APRA data shows life policies bought through financial advisers perform better.
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- April 22 2021
JLT dispute with Australian local councils set for court
The class action trial is expected to take place in the NSW Supreme Court in October.
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- April 21 2021
Zurich recruits from Marsh for Australia / NZ claims head
Tim Scott-Young will replace Hillary Bates on May 17, who is moving to the Swiss firm's life arm.
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- April 20 2021
Steadfast takes majority stake in global broker network
UnisonSteadfast has members in Asia and controls over US$30bn of GWP.
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- April 20 2021
Queensland’s April 2020 hailstorm losses rise to US$653m: Perils
The loss estimate has climbed US$250m since October.
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- April 19 2021
Australia’s hardening cyber market held to ransom
Aon report says the threat from ransomware has grown significantly in recent years.
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- April 19 2021
Suncorp prepares to defend itself against class action lawsuit
The Brisbane-based firm is accused of "misleading or deceptive conduct" over add-on cover.
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- April 16 2021
Asia’s insurers face rising tide of climate litigation
Litigants could argue that failure to properly address or disclose climate risk caused losses.
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- April 16 2021
Allianz Australia hires head of commercial from QBE
Phuong Ly will start the Sydney-based role in October.
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- April 14 2021
Honan Re to target Australia, Malaysia, NZ and Singapore
MD Eliza White tells IAN the new broker is currently recruiting team members.
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- April 14 2021
PSC appoints David Hosking as Australia and NZ CEO
Former head of broker and agency at Allianz Australia started the new role this week.
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- April 13 2021
Aon/WTW: aerospace, cyber assets offered to secure EU approval–report
The EU competition authority has a provisional July deadline to make a decision.
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- April 13 2021
Australia’s P&C players face climate trap
Reports suggest nat cat risk is worsening each cycle amid calls for more mitigation measures.
