Insurance Australia Group (IAG)
Top 30 Asia Insurers 2021: Resilience under pressure
Asia Pacific non-life insurers have proven their agility and tenacity in overcoming headwinds over the past year to deliver solid results. Christie Lee, senior director of analytics for Asia-Pacific at AM Best, discusses the region’s scorecard
Argo selects Harris for Asia and Europe role
Lloyd's international specialty underwriter and reinsurer the Argo Group has appointed former AIG director Matt Harris to lead the company’s Europe and Asia operations
IAG examining future of 141 roles in Christchurch
Australian insurer IAG has placed 141 jobs in Christchurch under threat of redundancy.
IAG releases 12.5% of premiums to reinsurers for a fee
Australian giant IAG has decided to expand its innovative quota share arrangements with more reinsurers next year.
Cost of natural disasters to more than double in Australia by 2050, says study
A comprehensive study has suggested Australia's natural disaster costs are going to become a lot worse in the future.
Singapore offers cat bond grant
The Singapore government is attempting to kick-start the country's insurance-linked securities business by offering to cover all upfront charges.
Top 30 Asia Insurers: Growth prospects in Asia vary by region
AM Best’s annual ranking of Asia-Pacific’s non-life insurers includes familiar companies, but they face different challenges
Harmer halts Asia expansion at IAG
Peter Harmer, CEO of Australian insurer IAG, has said the firm's plans to grow in Asia are on hold and that it will focus on Australia and New Zealand.
Three motor service providers acquired under new holding group AGL
Three brands in the vehicle repair, claims and technology sectors have been acquired under holding group AGL, which launched today.
The challenges of Cyclone Debbie
Cyclone Debbie was the costliest natural catastrophe to hit Australia for six years, while the scale of the event spurred innovation among insurers writes Nicky Burridge.
Berkshire Hathaway's underwriting losses continued in Q2
(Re)insurance giant Berkshire Hathaway swung from a $337m (£258m) underwriting profit in the second quarter of 2016 to a $22m loss in Q2 2017.
IAG hires chief digital officer from News Corp
Australian giant IAG has hired Mark Drasutis, News Corp Australia's chief product officer for digital.
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.
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.
Allianz appoints experienced M&A practitioner in Asia-Pacific
German international insurer Allianz has hired a senior executive in Asia-Pacific from Insurance Australia Group.
Cyclone Debbie moves to New Zealand; IAG estimates A$140m loss
As Cyclone Debbie reached New Zealand, Insurance Australia Group estimated A$140m (£85m) of losses while loss adjuster Crawford is using drones to help.
Insurance Council of Australia appoints Suncorp's Day as president
Following the sudden departure of QBE's former group COO Colin Fagen earlier this year, the Insurance Council of Australia has named his replacement as president.
Insurers playing insurtech catch-up in Asia, says Baker McKenzie
Insurers are playing insurtech catch-up compared to their financial services' peers in Asia says a leading law firm.
Sydney hailstorm brings IAG to within A$126m of nat cat allowance
Sydney's dramatic hailstorm on 18 February has cost Australian insurer IAG at least A$160m (£99m) in claims so far.
Strong insurance competition in Australia, says broker association
Australia's National Insurance Brokers' Association has responded to an Australian parliamentary inquiry into general insurance.
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.