Country: Pacific Page 16 / 106
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- July 16 2024
ICNZ calls for proactive approach on climate adaptation
The council has urged the government to take a leadership role on climate adaptation and build New Zealand’s resilience against the impact of climate change on lives and property.
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- July 16 2024
Australian MGA ATL appoints Allianz’s Jason Hawksworth as CEO
Sydney-based Hawksworth will succeed Allan Smith who has become executive chairman of the firm.
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- July 16 2024
AUB targets New Zealand expansion through equity partnership with Northco
Northco’s management will retain a significant shareholding "to continue to adopt an entrepreneurial focus for the business".
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- July 16 2024
Guy Carpenter expands APAC MGA practice with new Australia, New Zealand leader
The broker has appointed regional fac leader Krystina Wallis as head of GC Access for the region.
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- July 16 2024
ARPC appoints Karin Rathbone as new chief risk officer
Sydney-based Rathbone was most recently chief risk officer with Colonial First State.
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- July 12 2024
Axa XL expands Australian team with two senior hires
Based in Sydney, Sugra Kaur has been appointed senior casualty underwriter while Melbourne-based Rhys Anthony has joined as senior claims specialist for property.
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- July 10 2024
ASIC outlines US$14.4m estimated levies for Australian insurance industry
For Australian insurers, the estimated funding levy is US$8.9m. The regulator's focus in FY2023-24 for the general insurance sector was on enforcement action against claims handling and misconduct related with home insurance.
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- July 10 2024
Crawford hires Curtis Oakes as New South Wales business development manager
With over 15 years of industry experience, Sydney-based Oakes has spent time working at global insurers such as QBE, and Aviva
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- July 9 2024
GSA Insurance Brokers announces eight senior promotions
The NSW-based broker has appointed Tim Wight as head of Victoria, James Rossi as senior client manager for general insurance, and Freddie Evans as senior client manager for professional and financial lines.
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- July 8 2024
Marsh promotes Katie Stephenson to head of corporate & commercial for Queensland
Brisbane-based Stephenson has held various positions at Marsh and was its corporate commercial leader for Northern Territory before the promotion.
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- July 8 2024
Pacific Islands captive PCRIC’s FY2023 net underwriting profit down 5%
Thanks to a World Bank grant support it recorded a US$1.4m surplus for the year. The company sold a total of eight policies while incurring zero claims.
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- July 8 2024
PSC Insurance Brokers elevates Kylie Stephens to managing principal
Darwin-based Stephens was previously a senior account manager at the Australian broking group which she joined in September 2023.
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- July 8 2024
HDI Global hires Sangeeta Chandra as Queensland marine underwriting manager
With over two decades of the industry experience, Brisbane-based Chandra joined from Steadfast Group-backed NM Insurance.
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- July 8 2024
Australian MGA Artisan Underwriting partners with Liberty Specialty Markets on finpro cover
The MGA, set to launch in August, has signed a three-year binding agreement with the specialty insurer to provide financial lines cover for start-ups and SMEs.
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- July 6 2024
Suncorp lifts top of cat reinsurance tower to US$4.6bn for FY 2025
The cat reinsurance program will protect from major events starting from AU$350m (US$236.2m), and renewed program changes have no material impact on target capital for the group.
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- July 5 2024
Aon hires Joy Warnock as M&A team project manager
Melbourne-based Warnock, who will be in charge of risk and insurance due diligence, joined from Marsh, where she was most recently a senior project manager focusing on M&A, reporting and analysis, and risk management.
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- July 4 2024
Australian MGA Market Lane hires Jeanene Hill as group head of operations
An industry veteran, Hill joined from Underwriting Agencies Council where she was a board director for four years.
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- July 4 2024
Zurich-owned Cover-More announces new group CEO
David Fike will lead the company through a significant integration phase following Zurich's acquisition of AIG's global personal travel insurance and assistance business.
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- July 4 2024
Exclusive: Carriers staring at US$1bn+ losses from New Caledonia civil unrest
QBE and Allianz’s estimated net exposure to the event have exceeded US$215m each from political violence in the French overseas territory near New Zealand, IAN understands.
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- July 4 2024
Australia and New Zealand mid-year renewals see return to stable market: Aon
Reinsurance buyers were seeing ample capacity and flatter pricing, with many experiencing low-single digits reduction, according to the broker's latest reinsurance market dynamics report.
