Country: Australia Page 75 / 87
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- October 23 2019
Action on resilience can avoid uninsurable areas: ICA
There is no more time to wait says the Insurance Council of Australia.
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- October 22 2019
Australia increases disaster mitigation spending by US$34m
The annual government funding will be much welcomed by the market.
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- October 21 2019
Is IAG’s India divestment a good idea?
The Australian giant is set to book a healthy profit but will rely further on its home market.
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- October 21 2019
Australian broker MGA expands with acquisition
The deal for Cotter Insurance Agencies brings MGA's number of offices to 40.
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- October 21 2019
Couple who defrauded Dual Australia head to jail
The former claims manager and her husband are to serve jail terms.
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- October 18 2019
SMEs unprepared for cyber threats: Chubb
Only 48% of SMEs across four countries in the region are improving cyber risk management.
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- October 17 2019
IAG sells stake in India’s SBI General for US$432m
Premji Invest and Warburg Pincus are the buyers, with the carrier set to book a US$200m profit.
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- October 17 2019
Parts of Australia could become uninsurable: ICA
The Insurance Council of Australia has given a stark warning to the market.
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- October 16 2019
IAG firm issues New South Wales storm loss warning
NRMA's concern comes as it reveals sobering figures for 2018-19's season.
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- October 15 2019
Fewer cyclones expected in Australia this season
Despite an expected reduced number, the risk for the market remains high.
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- October 14 2019
Bushfires in New South Wales cause widespread damage
The fires are the latest signal it is going to be a long, destructive season.
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- October 8 2019
Australia’s Reserve Bank warns on profits and climate
A financial stability review has raised concerns for the life market and about climate change.
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- October 7 2019
Criminal charges pressed against CBA subsidiary
CommInsure is facing 87 charges related to the selling of life policies in 2014.
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- October 4 2019
Axis Capital is latest withdrawal from Australian coalmine
Bermuda-based group joins 15-long list of market players to snub the Adani controversy.
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- October 4 2019
Allianz’s GT Australia appoints Tony Dodd as chief executive
Dodd has already assumed the role of deputy chief executive at Allianz's Australian subsidiary.
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- October 2 2019
Chubb appoints Australia and New Zealand head of claims
Long-time Chubb exec Simon Priebbenow to lead division.
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- October 2 2019
Suncorp simplifies with US$295m sale
The Australian giant has sold the majority of its car repair business.
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- October 1 2019
Westpac considering selling life division: report
There has been a recent trend for Australian banks to sell their life arms.
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- September 26 2019
Allianz Australia’s chairman John Curtis set to retire
Paula Dwyer to take over as chairman in January 2020.
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- September 26 2019
Global groups request another IFRS 17 delay
Insurers worldwide seek more time to implement the already-postponed adoption of IFRS 17.
