IAG has reported a 1H16 insurance profit of $610 million (1H15:$693 million) and an insurance margin of 14.9% (1H15:13.4%), representing a sound result despite challenging… Read More »Insurer IAG Announces 1st Half Results
Insurance Australia Group Limited (IAG) has announced the purchase of Wesfarmers Ltd underwriting businesses, the brands include Lumley, WFI and Coles insurance. IAG Managing… Read More »Insurance Australia Group Limited purchases Wesfarmers underwriting businesses
Australian Insurer QBE is the latest Insurer to advise of a profit downgrade after a year of record catastrophe claims, it cut its insurance… Read More »QBE Slashes Profit Forecast After Floods and Storms in Australia and Earthquakes in New Zealand
Suncorp Group Limited today provided preliminary estimates of the financial impacts of the recent Melbourne hailstorm and Christchurch earthquake. Both events occurred over the Christmas… Read More »Suncorp Update Market on Melbourne hailstorm and Christchurch earthquake
Leading insurance company Insurance Australia Group (IAG) has entered into agreement with New Zealand insurer AMI which is expected to be completed by February 2012.… Read More »IAG acquires NZ insurer
Allianz has been named winner of the General Insurance Company of the Year Award for the second time at the 2011 Australian Insurance Industry Awards.… Read More »Allianz named General Insurance Company of the Year again
Allianz Australia has won various awards including the title of the All-Rounder Insurer of the Year Award and the Best Domestic Insurer Award at the… Read More »About Allianz Australia
IAG has announced that the 13 June earthquakes and aftershocks affecting New Zealand’s Christchurch have caused an expected maximum associated net claim cost of $65… Read More »What the June Christchurch earthquakes cost IAG
Aon’s 2010/11 Australian Risk Management Benchmarking Survey has named Zurich Australia General Insurance as the most respected insurer amongst large sized organisations. Previously, the survey… Read More »Zurich Australia General Insurance named the most respected insurer
Zurich Financial Services Group (Zurich) has reported a business operating profit (BOP) of USD 849 million and net income after tax1 (NIAT) of USD 637… Read More »Zurich advances strategic positioning after a quarter impacted by loss events
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