Country: Australia Page 84 / 101
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- May 7 2020
Damien Coates hails Dual’s first APAC buy
The New Zealand purchase could be the first of several acquisitions.
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- May 5 2020
Australia’s Westpac Bank mulling life business sale
The scandal-laden bank has been hit by the Austrac lawsuit and Covid-19.
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- May 4 2020
IAG forecasts lower GWP growth and margins for 2020
Investment income has been squeezed by the Covid-19 crisis and the dividend is under threat.
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- April 30 2020
ICA seeks reform delay from “immense disruption”
The Insurance Council of Australia wants a delay of Royal Commission reforms until July 2022.
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- April 29 2020
Engagement levels high despite Covid-19 anxiety: Swiss Re
Asia CEO Russell Higginbotham says Chinese insurers stood out from a consumer survey.
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- April 28 2020
Steadfast’s revenue surges 26% but outlook less certain
Chief executive Robert Kelly has withdrawn full year guidance amid the Covid-19 crisis.
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- April 24 2020
Cover-More cuts staff amid travel gloom
CEO Hanno Mijer says no-one could have imagined the scale of the Covid-19 outbreak.
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- April 23 2020
Former IAG exec Ben Bessell to join Austbrokers
Bessell left the insurer in March after 26 years.
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- April 22 2020
IAG employs 400 to alleviate call centre closures
Outsourcing is under threat from Covid-19.
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- April 20 2020
Australia’s PSC expands in Asia with two HK deals
The broking group sees Charter Gilman and Globe Insurance as a foundation in the region.
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- April 20 2020
Youi joins Australia’s insurers in premium help amid Covid-19
The firm is offering 15% cashback on motor premiums for the next three months.
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- April 17 2020
Australia’s summer losses won’t be unique: enquiry
The Royal Commission investigation into the summer's costly bushfires has begun.
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- April 15 2020
QBE targets US$825m equity raising to buffer reserves
CEO Pat Regan acknowledges an "extraordinarily difficult" environment.
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- April 8 2020
IAG’s Peter Harmer to leave at end of 2020
A nine-month transition period and search for a chief executive has commenced.
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- April 7 2020
ICA forms NSW disaster agency led by fire commissioner
ICA's head of operations Karl Sullivan says it will focus on risk mitigation and recovery.
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- April 6 2020
Allianz, QBE and Suncorp unite for SME relief
Majors roll out support measures during Covid-19 following IAG's announcement last month.
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- April 1 2020
Australia’s market grapples with extreme weather claims, Covid-19
A February storm has cost the market over US$480m.
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- March 31 2020
Harmer updates on Covid-19 as IAG completes India sale
IAG is keeping FY 2020 guidance despite rival QBE withdrawing targets.
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- March 30 2020
AUB halts MGA Whittles deal amid Covid-19 uncertainty
The broking group has also withdrawn earnings guidance and deferred a dividend payment.
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- March 27 2020
Australian SMEs hard hit by virus, forced to cancel policies
SME aggregator BizCover has seen cancellations increase by 51% over the last month.
