Country: Pacific Page 70 / 103
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- June 22 2021
Victoria flood claims surpass A$160m
The Insurance Council of Australia has told IAN over 17,800 claims have been lodged so far.
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- June 21 2021
Hollard snaps up CBA’s P&C arm for A$625m
South Africa's largest privately owned insurer fought off rivals such as Allianz and IAG.
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- June 18 2021
Australian disrupter Honey Insurance raises A$15.5m
The online home insurance underwriting agency is backed by the mutual motor insurer RACQ.
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- June 17 2021
Axa’s €300m BI offer won’t fly down under
Australia is by far the most amenable jurisdiction to class actions in Asia.
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- June 15 2021
Victoria flood losses to rise as ICA reveals over 10,500 claims
Suncorp and IAG breach nat cat allowances as Insurance Council of Australia declares catastrophe.
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- June 11 2021
MLC Life taps QBE vet to head insurance claims down under
Andrew Beevors to become chief claims officer effective August 16.
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- June 11 2021
Australia underwriting agency 360 enters NZ acquiring TLC
The New Zealand insurance firm specialises in mobile plant, heavy machinery and forestry.
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- June 8 2021
CBA close to selling domestic P&C business–report
AFR report says IAG and Allianz are the frontrunners in the bidding for CommInsure.
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- June 8 2021
Swiss Re CorSo appoints Chubb exec to head Australia / NZ
Christine Bell will join the global insurer in August.
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- June 7 2021
Q&A: Hannover Re’s Michael Eberhardt talks BI and climate change risk
The Sydney-based MD also discussed key reinsurance trends affecting both Australia and New Zealand.
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- June 4 2021
New Zealand’s EQC secures ‘record-high’ reinsurance cover
Aon has helped secure a US$5bn agreement -- a much larger deal than 12 months ago.
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- June 3 2021
Sedgwick Australia makes four senior appointments
Leon Briggs, Emma Levett, Margot De Villiers and Johanna Agar handed key roles at the adjuster.
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- June 1 2021
Lockton set to expand in New Zealand
Paul Marsden, Lockton Australia’s CEO, describes the move as a "significant investment" into Pacific expansion.
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- May 31 2021
Crawford partners with Godfrey to expand into New Zealand
The acquisition of the loss adjusting and claims management firm is part of a trend of US players expanding into Asia.
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- May 31 2021
PartnerRe poaches Swiss Re exec to head L&H in Australia/NZ
Garry Xue will be based in Hong Kong and report to John Mok, chief executive, L&H Asia Pacific.
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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 27 2021
Australian litigation funder backs Melbourne BI claims
Court House Capital backs hospitality businesses in A$20m claims dispute.
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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 26 2021
Sedgwick Australia promotes Daley to lead professional services
The forensic accountant has served on the adjuster's national leadership team for five years.
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- May 25 2021
Shenzhen skyscraper wobble puts focus on construction liability
Professional indemnity insurance would likely be the focus of any claim.
