Country: Australia Page 64 / 99
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- February 8 2022
Suncorp’s profit dips as H1 nat cat claims soar
Insurance arm in Australia saw profits fall by more than half to US$81.3m.
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- February 8 2022
Tackling Australia’s affordability crisis won’t be easy
Government signs off reinsurance pool design days after prudential regulator lists 2022 priorities.
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- February 4 2022
QBE Australia Pacific appoints chief underwriting officer
Andrew Ziolkowski was most recently at New South Wales' icare.
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- February 1 2022
New Aussie reporting rules may challenge cyber insurance
Insurers will have to split out their cyber data as part of IFRS 17 reforms – but this may not be so easy.
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- January 31 2022
io.insure start-up launches online M&A insurance marketplace
The Australian insurtech is promising 24-hour turnaround for deals valued less than US$100m.
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- January 27 2022
Suncorp and Chubb linked to Zurich’s Australia GI division: report
It is understood the two potential buyers have reached the final stage of an auction.
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- January 19 2022
IAG hires Suncorp veteran for underwriting role
Darren O'Connell is joining the Intermediated Insurance Australia division.
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- January 18 2022
Powerful Queensland hailstorm triggers commercial claims
The storm damaged a council building, an aquatic center and an art gallery in Toowomba.
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- January 17 2022
Credit Suisse files claims with US$1.17bn exposure related to Greensill
The five claims are revealed as the bank tries to recoup more money after the supply chain financier's collapse.
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- January 7 2022
Chaucer’s SLE Worldwide Australia hires ex-Zurich exec as CEO
Sydney-based Raj Nanra has over 25 years industry experience and replaces veteran Brad French.
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- January 7 2022
IAG renews reinsurance cat cover at US$7.2bn
The 2022 program structure is similar to prior years with the price increasing by "mid single digits".
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- December 29 2021
Australia’s insurers set for improved 2022
General insurers down under saw underwriting profits jump 163% in the first nine months of 2021.
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- December 16 2021
Australia’s cyclone risk pool a first step
The US$7bn reinsurance scheme needs to be backed up by other initiatives to address a rapidly changing risk environment.
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- December 15 2021
Suncorp’s premium growth offsets high nat cat costs: Fitch
The Australian giant has had an average combined ratio of 94% over the past three years.
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- December 15 2021
IAG’s Hawkins to become next ICA president
IAG chief executive to replace QBE's Sue Houghton atop the Insurance Council of Australia in January.
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- December 13 2021
Late October Australia storm cost insurers US$740m: Perils
For the state of South Australia the event could be one of the costliest natural catastrophes ever.
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- December 8 2021
WTW taps AIG exec for Australasia growth role
Kishan Dashan handed construction and natural resources remit starting December 13 in Melbourne.
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- December 2 2021
Cyclone claims to rise unless house designs improve: ICA
New report says construction methods need updating amid an evolving climate change threat.
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- December 2 2021
AIA appoints former Sun Life president as Asia chief
Leo Grepin will also lead group strategy and corporate development effective January 3.
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- December 1 2021
Australia ups state flood mitigation funding by US$35m
Applications opened this week to access money from the country's National Flood Mitigation Infrastructure Program.
