Country: Pacific Page 87 / 109
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- July 24 2020
IAG scraps dividend after FY earnings hit
CEO Peter Harmer cites a triple whammy of nat cats, Covid-19 and lacklustre investment returns.
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- July 24 2020
Asia racks up H1 US$31bn nat cat bill: Aon
Cyclone Amphan and China's ongoing floods top loss list but much of the damage isn't insured.
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- July 23 2020
QBE expects US$750m first half loss
The global player has been hit hard by Covid-19 and nat cats but CEO Pat Regan remains positive.
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- July 22 2020
Perils counts rising cost of Australia’s January hailstorms
Claims have increased to US$1.28bn according to the latest data.
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- July 20 2020
BMS’s Godden to welcome Aon trio for energy push
Three senior Aon staff will join the specialist broker in August.
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- July 15 2020
Securities class action and D&O ramping up worldwide: report
Australia's "thriving" litigation activity has led to a surge in D&O costs and demand.
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- July 14 2020
Suncorp reflects on bushfires as NZ earthquake premiums soar
The affordability of insurance has come under scrutiny in Australia and New Zealand.
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- July 13 2020
ICA responds to bushfire enquiry as claims reach US$1.63bn
Rob Whelan, ICA’s chief executive, believes there are too many taxes to help consumers afford cover.
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- July 9 2020
ICA appoints interim president as Dransfield departs Suncorp
Gary Dransfield to leave the ICA position only seven months into a two year term.
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- July 8 2020
Australian Open unlikely to obtain pandemic cover for 2021
The organisers of the January major haven't been given an option to renew.
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- July 7 2020
India’s Paytm to acquire Raheja QBE in “all-cash deal”
India's payments giant makes a serious move into insurance.
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- July 7 2020
US$1.3bn market loss at peak of Australia’s bushfires: Perils
The provider has postcode level data for a seven day period of the 2019/2020 summer fires.
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- July 7 2020
Willis Re veteran to join Guy Carpenter in Australia
The exec had been with the broker for over 40 years.
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- July 6 2020
Lloyd’s Angela Kelly to take on Australia state role
After leaving Lloyd's later in July, Kelly will join Victoria's insurer and risk adviser.
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- July 2 2020
QBE’s Hammond on transformation and growth
The Asia chief executive discusses Covid-19, going digital and restructuring.
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- July 2 2020
Allied World’s Garrison takes global role, Shohtoku to lead APAC
The head of Asia Pacific is being replaced by his HK-based deputy Jota Shohtoku.
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- July 1 2020
Gary Dransfield to leave Suncorp in management shake-up
His role as insurance chief executive will not be directly replaced.
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- June 30 2020
Suncorp could axe raft of exec positions this week: report
A wholesale restructuring strategy will be announced this week.
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- June 29 2020
Australia appoints next chair of GI governance committee
Former Australian Financial Security Authority exec to start on July 1.
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- June 25 2020
IAG NZ shutters 54 shops as digital gains ground
Covid-19 has accelerated digital trends and highlighted consumer preferences.
