Australia
Insurance Post to host Claims Conference Sydney
The inaugural Claims Conference Sydney will take place on 29 August at the Radisson Blu Plaza.
Suncorp's Tower bid rejected by Commerce Commission
The Commerce Commission in New Zealand has rejected Brisbane-headquartered Suncorp's bid to buy New Zealand insurer Tower outright.
IAG hires chief digital officer from News Corp
Australian giant IAG has hired Mark Drasutis, News Corp Australia's chief product officer for digital.
Blog: Digitisation and the battle for relevance
Digital technologies offer insurers the opportunity to reconnect with their clients and earn back their trust, writes Robin Wolstenholme, senior marketing specialist at Liferay.
Justice departs as IAG creates single Australia division
The CEO of Australian insurer's IAG consumer division Anthony Justice has decided to leave the company after six years following the creation of a single Australia division for the firm.
Cupitt promoted at McLarens
Global loss adjuster McLarens has promoted Australia marine manager John Cupitt to head of the company's global marine division.
When cyber gets physical
Recent events such as the Wanna Cry ransomware attack and British Airways’ computer outage have helped to drive sales of cyber insurance, but there are concerns that a significant part of the risk is being overlooked
Chaucer acquires Australian Lloyd's coverholder
Chaucer has acquired Australian underwriter and Lloyd’s coverholder, SLE Worldwide Australia as part of its plan to expand.
80% of claims from Cyclone Debbie are residential
Damage to homes and contents have made up 80% of almost A$1bn (£590m) of claims from deadly Tropical Cyclone Debbie.
QBE creates chief customer officer role
Australian global insurer QBE has made an internal appointment to fill a new position of chief customer officer for Australia and New Zealand.
IAG lifts full year guidance on higher reserve releases
After a tough year of natural catastrophes Sydney-headquartered insurer IAG has raised its margin guidance range for the full financial year after announcing higher than expected reserve releases.
Mayes swaps Cunningham Lindsey for McLarens in Australia
Global loss adjuster McLarens has recruited Paul Mayes from rival Cunningham Lindsey.
Watchstone faces £600m legal challenge from S&G
Watchstone is being forced to fight off a £600m civil case from law firm Slater and Gordon, over allegations of fraud.
Steadfast acquires a stake in global network Unison
Australian broking group Steadfast has agreed to acquire a non-controlling stake (less than 50%) for an undisclosed amount in the third largest global network group Unison Brokers.
Wyatt returns to Clyde & Co in Australia
International insurance law firm Clyde & Co has recruited a partner from Australian firm Sparke Helmore who used to work for them.
QBE opts for Brussels EU base
Australian global insurer QBE has decided to move its EU headquarters from London to Brussels.
ICA backs Tasmania flood review report
The Insurance Council of Australia is backing calls for the government to invest in more disaster mitigation after last year's deadly flooding in Tasmania.
Suncorp adopts AI for claims
Brisbane-headquartered insurer Suncorp is using artificial intelligence to help it create self-service claims for at fault car crashes.
New South Wales defers fire and emergency services levy
Australia's insurers are calculating the cost of a political decision to delay the introduction of a fire and emergency services levy in New South Wales on 1 July.
QBE appoints head of negotiated lines for Australia and New Zealand
QBE Australia and New Zealand has appoined Alex Green as head of product – negotiated lines.
Slater and Gordon to make £600m claim against Watchstone
Slater and Gordon intends to make a £600m claim against Watchstone Group by the end of the month.
Perils estimates Cyclone Debbie costs at A$1.12bn
Zurich-owned catastrophe modeler Perils has estimated the insured property market loss from March's Cyclone Debbie is A$1.12bn.
Mackinnon and Nanra join ICA's board
The Insurance Council of Australia has appointed two senior members to its board.
Swiss Re's Q1 profits hit by Cyclone Debbie
Swiss Re's first quarter 2017 after tax profits fell 53% compared with Q1 2016 to $656m (£511m) after a $350m hit from Cyclone Debbie.