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- February 10 2021
IAG posts A$460m loss but underlying profits improve
BI provisions drove downturn as H1 GWP climbed 3.8% to A$6.12bn.
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- February 9 2021
Suncorp drops travel as Australia profits soar
GWP increased to A$4.35bn in H1 with home and motor growing 5.2%.
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- February 5 2021
Perth bushfire losses surpass US$30m
The Insurance Council of Australia has declared a catastrophe for the affected communities.
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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 3 2021
Queensland body calls for national reinsurance pool
Local government cites rising unaffordability of insurance in the north of Australia.
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- February 2 2021
QBE appoints Sue Houghton as Australia Pacific CEO
The experienced Australian executive is set to join from Westpac in August.
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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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- February 1 2021
APRA’s 2021 spotlight falls on BI and reinsurance
Access to capacity from "critical" overseas reinsurers a priority, says latest policy guidance.
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- January 29 2021
Australia cyber premiums to continue upward trajectory: Marsh
Rates recorded increases of 15-20% throughout 2020 with 'silent cyber' a key concern.
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- January 28 2021
China, India insurtechs raise over US$270m in Q4 2020: WTW
Global fundraising hit an all-time annual high of US$7.1bn.
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- January 26 2021
Suncorp joins chase for CommInsure: report
A bid from rivals IAG or QBE would likely face a myriad of challenges.
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- January 26 2021
AUB refocuses as competition heats up down under
Altius disposal comes amid Aon/WTW merger and Howden’s market entry.
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- January 22 2021
Crawford’s global forensics head to join McLarens
IAN understands six key staff members are joining the rival loss adjuster in Australia.
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- January 21 2021
IAG receives over 5,000 claims after holiday storms
Australian insurer tells IAN additional claims are expected in the coming weeks.
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- January 19 2021
Cyber tops Asia Pacific 2021 business risk list: Allianz
Covid-19 and business interruption were the other top concerns across the region.
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- January 19 2021
Latest UK BI ruling overturns global precedent
2010 Generali/Orient-Express Hotels decision has been used to reduce insurer payouts.
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- January 18 2021
Allianz Australia restructures after David Hosking departs
The German insurer is currently searching for someone to lead its commercial division.
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- January 18 2021
Howden’s bold move down under
The broker has teamed up with Steadfast to gain access to carriers and businesses across Australia.
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- January 14 2021
Howden launches Australia arm
JLT veteran Andre Louw leads the team as the broker eyes APAC expansion with help from Steadfast.
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- January 14 2021
Aon/WTW: Spotlight falls on APAC antitrust regulators
IAN understands the deal has already been cleared in China.
