Country: Australia Page 75 / 94
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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.
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- May 29 2020
People round-up, May 29: Canopius, Markel, GC, Liberty, Swiss Re
Pek Hui Zhi's appointment as Asia terrorism underwriter at Markel is one of several moves.
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- May 27 2020
Australia’s bushfire commission commences
Climate scientists, IAG and a government committee teamed up for the first day of hearings.
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- May 26 2020
QBE faces US$75m loss from BI claims
Hospitality firms in the UK have hired a law firm to pursue claims against Aviva and QBE.
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- May 22 2020
IAG invests multimillions into climate data platform
Understanding climate change risk is a key goal for Australia's (re)insurance market.
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- May 20 2020
Australia’s brokers target Asia
The country's firms have long been behind US and UK rivals in the region.
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- May 19 2020
Insurance Council of Australia appoints ex-CBA exec as CEO
Outgoing CEO Rob Whelan to step down after ten years.
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- May 19 2020
PE firm backs Australia’s Honan’s growth plans
Long-serving group CEO Damien Honan has ambitious plans - including in Asia.
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- May 13 2020
Dual’s Coates to concentrate on APAC expansion drive
Following the completion of a time consuming court case last year, the MGA is on the acquisition trail.
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- May 13 2020
Peacock steps up as Zurich reorganises senior Asia team
The company's commercial APAC division will be managed as two separate regions.
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- May 13 2020
Asia’s property pricing continues rise: Marsh
Q1 2020 was the fifth consecutive quarter prices have risen in the region.
