Country: New Zealand Page 21 / 26
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- May 27 2021
Tower Insurance hit by cat claims as H1 profit drops 19.5%
New Zealand P&C player dealt with a large fire and severe flooding, but GWP climbed 6% to US$141m.
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- May 26 2021
Aon/WTW: New Zealand deadline extended to July 2
Antitrust reviews in Australia and Singapore are also still ongoing after Taiwan approved the deal last week.
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- May 12 2021
Chubb promotes internal candidate to head Australia/NZ P&C
Chris Gough has been with the insurer since 2013 and previously led casualty operations.
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- April 27 2021
NZ’s Rothbury expands with acquisition of TSI Brokers
Country's third largest broker adds three locations through buying another Steadfast member.
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- April 21 2021
Zurich recruits from Marsh for Australia / NZ claims head
Tim Scott-Young will replace Hillary Bates on May 17, who is moving to the Swiss firm's life arm.
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- April 14 2021
Honan Re to target Australia, Malaysia, NZ and Singapore
MD Eliza White tells IAN the new broker is currently recruiting team members.
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- April 14 2021
PSC appoints David Hosking as Australia and NZ CEO
Former head of broker and agency at Allianz Australia started the new role this week.
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- March 18 2021
Tower turns corner on Canterbury quake
New Zealand’s Reserve Bank halves the insurer's minimum solvency level to US$18m.
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- March 10 2021
Jarrod Hill to join IAG amid management reshuffle
Former Chubb country president starts in September as Amanda Whiting handed New Zealand CEO role.
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- March 9 2021
Chubb names Peter Kelaher as head of Australia and New Zealand
The former P&C head replaces Jarrod Hill and will oversee 800 employees across seven branches.
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- March 4 2021
Munich Re appoints Scott Hawkins to lead Australasia
The Sydney-based executive is currently head of the global giant's non-life business in the region.
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- February 25 2021
Gaps remain despite record weather claims: ICNZ head
The industry association's CEO tells IAN that commercial property and agricultural crops still lack protection.
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- February 23 2021
New Zealand MGA Delta appoints Kent Chaplin as COO
The former DXC Technology and Lloyd’s executive joins to support the agency's Asia expansion plans.
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- February 22 2021
Tower acquires ANZ portfolio for US$10m
The deal will add around US$30m in GWP to the Kiwi P&C player.
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- February 3 2021
Sedgwick acquires New Zealand building consultancy
Thurlow Consulting Engineers will give the loss adjuster in-house engineering and construction expertise.
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- February 2 2021
Aon/WTW: FMG warns of ‘severely constrained’ market
Reinsurance flagged to NZCC as potential antitrust concern amid Willis Re divestiture speculation.
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- January 13 2021
Former Tower CEO joins Australian state insurer icare
Richard Harding acknowledges need to restore public confidence at the embattled firm.
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- January 6 2021
WTW appoints Australasia head of financial lines
Former Marsh executive Lee Garvey is set to relocate from Singapore to Australia.
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- December 29 2020
RCEP to comprise 25% of global premiums
Asian trade deal will come into force in 2021 and boost premiums by US$9.6bn by 2030.
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- December 16 2020
Partners Life buys NAB’s New Zealand life business for US$206m
Another Australian lender exits the life market.