An Aussie insurer plans to raise millions to partially fund the acquisition of an underwriting business it earmarked to buy last year.
An insurance company anticipates a boost in insurance margin for the full year 2014 – even without the impact of a $1.8bn acquisition of a rival's business made late last year.
An insurer has upped its reinsurance protection including greater cover against earthquakes in Australia and New Zealand.
Wesfarmers has sold its underwriting unit for $1.845bn.
An Aussie insurer has been forced to defend senior management’s multi-million dollar pay packets and explain why new international plans will avoid the same fate as its UK business.
A change in how insurance companies are rated is standing two major players in good stead.
The insurance giant has been plagued with insurance losses and investigations for a while but the latest news marks the end of an era for the insurer.
Policy numbers and premium rates boost a major insurer's broker channel business.
The Insurance Council of Australia (ICA) has announced three resignations from its board, with key representatives from Zurich, RAC Insurance and Allianz all departing in 2012.
An Australian insurance giant has sold its UK operations in its entirety due to “the continuing challenging economic and industry conditions in the UK market” and will now concentrate on its local business.