Australia
QBE appoints McMillan as COO
Sydney-headquartered QBE has appointed former CEO of Aviva Europe and chairman of global health insurance David McMillan as group chief operations officer.
Suncorp buys 11% of New Zealand's Tower following Fairfax bid
Australian giant Suncorp has bought 11% of listed New Zealand general insurer Tower and is offering NZ$219m (£126m) for a full acquisition of the firm.
Steadfast's EBITA climbs 11% to A$66.7m
Australian broker group Steadfast saw another six months of strong growth in the first half of the 2017 financial year.
IAG's first half pre-tax profit dips 6.4%
Australian giant IAG saw pre-tax profit fall to A$571m (£351m) in the first half of the 2017 financial year compared with A$610m in H1 2016.
Insurance Council of Australia to review Code of Practice
With two Senate general insurance inquiries underway and criticism around the selling of add-ons, the Insurance Council of Australia has launched a review of the General Insurance Code of Practice.
Hailstorm hits Sydney's insurers for A$40m
Over 17,500 claims have been lodged after an intense hailstorm hit Sydney on Saturday 18 February, according to the Insurance Council of Australia.
IAG to open insurtech incubator in Singapore
Australian-headquartered insurer IAG is opening an insurtech hub in Singapore later this year.
New South Wales bushfires to cost insurers at least A$20m
Over 100 bushfires across rural areas of New South Wales in the last few days will cost insurers at least A$20m (£12m) according to the Insurance Council of Australia.
Over 100 bushfires across New South Wales as heat records tumble
New South Wales has seen 120 bushfires over the last few days as temperatures in the state hit record highs over the weekend.
Fagen leaves QBE and ICA position
QBE's group chief operations officer Colin Fagen has left the company this week and as a result has relinquished his role as president of the Insurance Council of Australia.
Suncorp posts 20% first half insurance profit rise
Brisbane-based financial services group Suncorp saw insurance after tax profit grow strongly in Australia but fall back in New Zealand.
Axis profits fall 23% in 2016
Global (re)insurer Axis's after-tax profits fell 23% in 2016 to $465m (£367m) from $602m the previous year.
Q&A: Colin Fagen, Insurance Council of Australia
Post interviews Colin Fagen, former group chief operations officer at QBE, who assumed the role as president of the board of the Insurance Council of Australia at the beginning of January.
QBE denies £12.1bn Allianz takeover bid
QBE said there was “no basis” to reports it is in talks on a £12.1bn takeover bid from Allianz.
Four insurance law firms form global network
DAC Beachcroft has joined three other insurance law firms to make a global network.
IDT911 re-brands as Cyber Scout amid international expansion
IDT911 has re-branded to Cyber Scout as it looks to expand globally.
Zurich acquires Australian travel group Cover-More for A$741m
Insurance giant Zurich is aiming to become a top three global travel insurance provider after an agreement to buy Sydney-headquartered group Cover-More for A$741m (£439m).
IAG plans A$250m a year of cost savings
Australian giant IAG is aiming to save A$250m (£148m) from its operating costs over the next three years.
November hailstorm to cost Australian insurers A$130m
28,146 claims have been received following a severe hailstorm on 11 November which caused damage in three Australian states.
Fagen appointed Insurance Council of Australia president
Colin Fagen, QBE's chief operations officer, has been appointed president and chairman of the board at the Insurance Council of Australia.
Fully autonomous vehicles could be legal in Australia by 2020
The Australian government is pushing ahead with trials of autonomous vehicles which could see major legal changes over the next five years.
Mildura hailstorm costs insurers A$71m
The Insurance Council of Australia has declared a catastrophe in Mildura after a severe hailstorm on 11 November.
ICA launches disaster awareness media campaign for cyclone season
The Insurance Council of Australia is raising awareness of the upcoming cyclone season by taking out radio, online and print media adverts.
QBE joins Underwriting Agencies Council
QBE's Australia and New Zealand arms have joined the Underwriting Agencies Council in Australia and New Zealand.