Country: Pacific Page 86 / 111
-
- October 6 2020
RBNZ recommences Insurance Act review
The long-planned review was postponed again this March due to pandemic interruptions.
-
- October 5 2020
Australia BI test case nears completion and decision
The ICA notes a "swift determination" will provide "greater clarity" for insurers, regulators and customers.
-
- October 5 2020
IAG’s incoming CEO to simplify and refocus as challenges mount
Nick Hawkins has his work cut out, but the new leader has a battle plan.
-
- October 2 2020
McLarens secures major acquisition in New Zealand
The deal will significantly expand the global loss adjuster's operations in the Pacific.
-
- October 1 2020
Australia’s insurers brace for wet summer as La Nina declared
The weather pattern will have differing results depending on the part of the country.
-
- September 29 2020
Australia’s market facing difficulties: Gallagher’s Mark Oatway
Brokers should up their game as rates harden and capacity constraints cause challenges.
-
- September 23 2020
Covid-19 to sustain “adverse” market effects
There will be ongoing pressure on premiums and claims according to consultant Taylor Fry.
-
- September 22 2020
Leaders at Australia’s giants face multiple challenges
IAG, QBE and Suncorp are grappling with reduced profits, nat cats, Covid-19 and a recession.
-
- September 21 2020
IAG appoints successor to Peter Harmer
The outgoing chief executive is set to leave on November 1.
-
- September 17 2020
“Complex” CBA and Westpac P&C sales to kick off: report
Macquarie believes multiple relationships between the banks and insurers could put buyers off.
-
- September 17 2020
Australia’s terrorism pool focuses on retrocession, modelling
The Australian Reinsurance Pool Corporation has released a new four year strategy for the US$10bn scheme.
-
- September 16 2020
Flood claims in NZ approach US$50m from two events
Payouts for July's Northland floods have already exceeded February's Southland disaster.
-
- September 15 2020
Suncorp informs around 550 staff of job cuts
The brunt of the losses are expected to be in the banking arm.
-
- September 8 2020
Up to 10% of roles under threat in Suncorp restructure: report
The Aussie financial services firm employs 13,500 staff.
-
- September 7 2020
2,000 unresolved claims 10 years after Canterbury earthquakes
Overall payouts have climbed over US$20bn.
-
- September 4 2020
QBE strives for stability after Regan’s sudden departure
The CEO’s exit comes after three years of steady progress, but at a difficult time for the group.
-
- September 3 2020
Fusion and AGCS ramp up Asian M&A capacity with HK MGA
The firm will focus on specialist W&I to help address a regional boom in deal activity.
-
- September 3 2020
AIG appoints senior trio in Australia
Dan Collinson, Gabrielle Nisbet and Ameilia Douglas all handed new roles.
-
- September 1 2020
QBE CEO Regan leaves after conduct investigation
Chairman Mike Wilkins to oversee day-to-day operations amid search for a successor.
-
- September 1 2020
Australia Bushfire Commission: “Tough reality ahead” for market
More extreme summers and large losses are in store for (re)insurers.
