Country: Australia Page 68 / 87
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- July 2 2020
Allied World’s Garrison takes global role, Shohtoku to lead APAC
The head of Asia Pacific is being replaced by his HK-based deputy Jota Shohtoku.
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- July 1 2020
Gary Dransfield to leave Suncorp in management shake-up
His role as insurance chief executive will not be directly replaced.
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- June 30 2020
Suncorp could axe raft of exec positions this week: report
A wholesale restructuring strategy will be announced this week.
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- June 29 2020
Australia appoints next chair of GI governance committee
Former Australian Financial Security Authority exec to start on July 1.
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- June 25 2020
IAG NZ shutters 54 shops as digital gains ground
Covid-19 has accelerated digital trends and highlighted consumer preferences.
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- June 24 2020
AMP Life sale to Resolution finally approved by RBNZ
The US$3.3bn deal is poised to go ahead and allow AMP to exit the life business.
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- June 23 2020
Climate risk and Covid drive renewal pricing down under
Suncorp is most exposed among Australia’s top insurers ahead of July's reinsurance renewals.
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- June 23 2020
Steadfast’s profit guidance back on track
The broking giant is confident of meeting its numbers.
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- June 23 2020
Australian market calls out sharp D&O premium hikes: reports
Marsh has called the rise "unprecedented and unsustainable."
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- June 19 2020
CBA seeking GI exit in Australia: report
The bank has been downsizing its insurance assets over the last few years.
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- June 17 2020
Fitch neutral on QBE’s US$400m capital notes request
The Ossie giant wants the capital notes to count as equity on the balance sheet.
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- June 16 2020
Billions on the line as BI wording goes to trial
Test case could speed up the resolution of disputes for firms including Arch, MS Amlin, QBE and Zurich.
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- June 12 2020
Leaked documents show market cooperation with Adani mine
The invoices involve major (re)insurance players but several firms are downplaying involvement.
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- June 10 2020
Gallagher snaps up Australian construction broker
The US-headquartered firm is back on the acquisition trail.
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- June 8 2020
Bushfire Commission issues warning to Australia’s market
The government, insurers and scientists look to address the country's huge climate risks.
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- June 5 2020
FWD seals US$300m deal, CEO hails Indonesia as a “priority market”
The HK major announced the acquisition of Australia's Commonwealth Bank's division in 2018.
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- June 4 2020
Munich Re’s Farny on preparing for future risks
The APAC exec reflects on growth opportunities, pandemic coverage, BI claims and typhoon season.
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- June 4 2020
Former QBE exec becomes Cover-More interim CEO
Cara Morton has replaced Hanno Mijer this week.
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- June 3 2020
Australia’s P&C market suffers 533% Q1 profit drop
Over US$600m of losses occurred from both nat cat claims and falling investment returns.
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- May 29 2020
Australia and New Zealand nat cat bill shoots to US$3.5bn
Insurers are still dealing with multiple recent disasters alongside Covid-19.
