Country: Pacific Page 104 / 115
-
- August 13 2019
Perils ups Townsville claims estimate by over US$90m
The increase is in property loss claims from the winter Queensland flooding disaster.
-
- August 13 2019
AMP and Resolution Life rescue sale
A revised deal structure has revived the sale of AMP Life at an important time for AMP.
-
- August 12 2019
400,000 Australians asked to review NAB lawsuit
Law firm Slater and Gordon believe thousands more customers could be involved in class action.
-
- August 8 2019
IAG’s profits hit by nat cats but bolstered by Asia sales
Insurance Australia Group exceeded its annual nat cat allowance but booked a profit of US$135.6m from selling Thailand and Indonesia arms.
-
- August 8 2019
Allianz drops consumer credit lines in Australia
Following intense regulatory scrutiny the German giant has decided to exit the market.
-
- August 7 2019
New South Wales flood study could reduce premiums: ICA
The Insurance Council of Australia sees value in a detailed study of over 21,000 land parcels.
-
- August 6 2019
Australian broker Coverforce goes to court over bid
Management, which owns 51%, upset after rival broker AUB announces US$100m plus acquisition.
-
- August 5 2019
60% of Townsville flooding claims closed: ICA
The Insurance Council of Australia hails market progress since the unprecedented flooding disaster.
-
- August 5 2019
New Zealand’s regulatory chief warns market
The head of New Zealand's Financial Market Authority expected more urgency to change cultures.
-
- August 2 2019
Willis Towers Watson snaps up Australian M&A broker
The global broker has bought Risk Capital Advisors which has offices in Australia, South Africa, the UK and Hong Kong.
-
- July 31 2019
ICA disappointed by Northern Australia Insurance Inquiry
Competition inquiry into northern Australia ignores fundamental issues claims the Insurance Council of Australia.
-
- July 29 2019
Creating a US$1bn Australian and UK broking force
PSC Insurance Group is on the acquisition trail with premiums soon to exceed US$1bn.
-
- July 29 2019
Suncorp to phase out coal underwriting
The Ossie major has set a deadline of 2025.
-
- July 26 2019
Australia’s PSC buys Lloyd’s broker for US$52m
The Melbourne broker has expanded its premium income beyond US$1bn with the Paragon purchase.
-
- July 25 2019
UK insurtech funding firm to open in Sydney
Insurtech Gateway is hoping to invest and help grow insurtech firms in Australia.
-
- July 23 2019
Greenlight Re backs New Zealand digital MGA
The reinsurer has invested in New Zealand start-up Cove.
-
- July 22 2019
QBE reveals US$60m UK hit
The change to personal injury discount rate has hit insurers again in the UK.
-
- July 18 2019
APRA to create insurance division after scathing review
The decision by the Australian Prudential Regulation Authority follows a capability review
-
- July 17 2019
IAG invests in vehicle subscription service Carbar
The insurer is looking to diversify to understand other markets.
-
- July 16 2019
AMP’s life sale to Resolution is “highly unlikely”
Regulatory concerns in New Zealand have been cited by the potential buyer.
