Country: Australia Page 87 / 102
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- February 17 2020
QBE’s Regan hails fundamentals after poor underwriting result
QBE saw post tax profits jump 41% to US$550m despite a difficult nat cat environment.
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- February 17 2020
Allied World’s Garrison on rates, nat cats and data
After 5 years in Asia the leader is encouraged by an increasingly sophisticated market.
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- February 17 2020
Australia’s bushfire losses to exceed Ash Wednesday
While the worst of the fires are over, the costs are continuing to rise.
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- February 13 2020
Market prepares as Cyclone Uesi threatens Australia’s east coast
The cyclone is a category three storm.
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- February 12 2020
IAG’s H1 profits fall 43% as Harmer raises climate fears
The firm is now expecting A$850m of nat cat costs this year, up from A$715m in January.
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- February 12 2020
Suncorp’s nat cat challenges remain amid H1 sales’ profit boost
The insurer is running out of reinsurance nat cat cover as it reveals H1 profit increase.
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- February 11 2020
Australia’s Townsville floods were US$832m property loss: Perils
The 2019 disaster brought record-shattering rainfall and the highest payout since the Brisbane Floods.
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- February 10 2020
Flooding and Cyclone Damien add to Australian insurers’ woes
The storm and other downpours will bring more claims but could help contain the bushfires.
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- February 10 2020
Australia’s ProRisk signs binder deal with Swiss Re CorSo
The move replaces Lloyd's paper at the underwriting agency.
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- February 6 2020
Hannover Re’s renewals boosted by APAC growth
The German player has "substantially" increased P&C positions with stable pricing and conditions.
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- February 6 2020
IAG creates strategy and innovation arm
Julie Batch has been promoted to head the division.
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- February 5 2020
Cyclone threatens Australia as summer claims hit US$1.46bn
Cyclone Damien would be the third tropical storm of a wild weather season for the market.
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- February 5 2020
Miramar Underwriting Agency opens Perth office
The agency is targeting brokers in Western Australia with Grant Bowen as manager.
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- February 4 2020
Australia’s Blue Zebra continues partner search
The agency is looking to replace Zurich as its personal lines underwriter.
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- February 4 2020
BMS Australia boosts financial lines with Gallagher hire
Kirsty Kennell-Webb joins from rival in Sydney.
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- February 3 2020
Australia targets add-on sales with more reforms
The shake-up in regulations continues.
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- January 31 2020
“Unprecedented” start to storm season: Suncorp’s Johnston
Major is well protected by reinsurance but it has been a tough summer.
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- January 29 2020
Lloyd’s broker HW Wood expands in Australia
Clive Higgins has joined from Willis Towers Watson to lead a team from Perth.
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- January 28 2020
Australia’s recent nat cat claims surpass US$1.46bn
Losses since November are significant which means reinsurance rates could climb.
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- January 27 2020
IAG’s profit margin falls as nat cats take toll
Australia's dramatic natural disasters continue to impact P&C players.
