Country: Pacific Page 8 / 103
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- September 16 2024
Lockton Australia expands claims offering with Gallagher hire
Sydney-based Adam Squire, who has 38 years of industry experience, has joined the broker as head of claims.
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- September 10 2024
WTW launches dedicated tech industry practice for ANZ to boost specialty services
As part of its corporate risk & broking business in Australia and New Zealand, it has appointed cyber and tech risk specialist Ben Di Marco as division head.
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- September 10 2024
Crawford Australia promotes Matt Donnelly to head of specialty loss adjusting
In his new role, Donnelly will expand his remit to lead the entire specialty loss adjusting portfolio and report to Australia president Jonathan Hubbard.
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- September 10 2024
Steadfast refutes ABC’s allegations of kickbacks, misleading customers
The Australian broker said that it is "disappointed that important information has been selectively presented” in a recent media report about its practices in strata insurance.
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- September 9 2024
Government and private sector need faster progress on climate change: ICNZ
The council urges more coordinated efforts on addressing climate change as Auckland floods and Cyclone Gabrielle's US$8.9bn infrastructure damage underlines their impact on lives and property.
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- September 9 2024
Tower decides against stake sale after strategic review
The Bain-backed Kiwi insurer will not see any changes in its ownership structure as discussions with potential partners did not proceed to any formal proposal stage.
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- September 9 2024
ACCC chair calls for strata commission ban as media report alleges Steadfast misled clients via opaque schemes
The broker's shares on the ASX entered a trading halt pending it releasing an announcement following the allegations by ABC in its investigative report.
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- September 6 2024
Extension of cyclone pool coverage period to 7 days would increase average annual loss by 5%: ARPC
The Australian cyclone pool will need to collect additional premiums through rate increases to cover the increased claims costs if such a change was made, the pool's administrator said.
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- September 6 2024
APAC construction market to see rating pressure as capacity, competition ramps up: WTW
While premiums have been stable in the first half of 2024, Australia and Asia markets are seeing renewed interest from overseas insurers and new entrants.
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- September 5 2024
Pacific islands cat pool PCRIC mulls expansion into private sector cover
The captive for the island nations is looking at extending parametric solutions to the underserved private sectors such as tourism, fisheries, and utilities, according to chief executive Aholotu Palu.
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- September 4 2024
Crawford Australia taps Charles Taylor’s Simon Chenery as executive adjuster
Brisbane-based Chenery has more than 34 years in the loss adjusting industry with a focus on large and complex property claims.
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- September 4 2024
Gallagher promotes John Li to APAC client director
Perth-based Li joined the broker in February following its acquisition of mining specialist Ansin Insurance Brokers, whic he founded in 2019.
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- September 4 2024
Zurich elevates David Wainwright to chief risk officer for ANZ
Wainwright, currently CRO for the insurer's UK life business, will start his new role in January next year succeeding Jaimie Sach who is retiring.
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- September 3 2024
Aon veteran Alexandra Tilden returns to Australia as APAC strategic account director
Tilden will relocate back to Australia from San Francisco, where she held th role of managing director since 2021.
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- September 3 2024
Crawford Australia appoints Milia Xystros as head of third party administration
Previously, Sydney-based Xystros was executive manager at Lloyd's syndicate Procare Claims and Risk.
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- September 3 2024
Insurers brace for claims as wild weather hits southern Australia
The severe weather including damaging winds, major floods and coastal hazards caused widespread damage across Victoria and Tasmania and left more than 120,000 without power.
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- August 30 2024
Losses from Australia’s costliest nat cat since 2023 rise to US$946m: ICA
Incurred losses for Christmas and New Year storms have increased from the previous estimate of US$905m, according to the latest data from the Insurance Council of Australia (ICA).
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- August 30 2024
Agile launches New Zealand operation to strengthen Lloyd’s Pacific presence
The newly established Agile Insurance Group NZ will write general aviation, accident and health, casualty and professional lines.
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- August 30 2024
Enstar finalises US$442m cover transaction with IAG
The transaction includes product & public liability, compulsory third-party motor, professional risks and workers’ compensation for losses incurred on or prior to June 30, 2023.
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- August 30 2024
ARPC unveils 2024-2028 terrorism and cyclone pools management plan
The Australian Reinsurance Pool Corporation will improve premium collection, claims payment and management of pool net assets. It will also purchase retrocession coverage to protect the terrorism pool net assets and develop cat modelling.
