Australia
Gallagher makes Australian acquisition
Broker Arthur J Gallagher has acquired Australian-based Strathearn Insurance Group.
Slater and Gordon MD Grech warns government over RTA reform “backlash"
The boss of one of the UK's leading claimant law firms has warned about the "unintended consequences" if the government goes ahead with the reforms outlined in the Autumn Statement to combat compensation culture.
Interview: Slater and Gordon: Not for the faint-hearted
Despite some setbacks, the Slater and Gordon management team remain committed to an international business plan rooted in consolidation and cooperation.
Cornish to exit IAG as Harmer rings changes
IAG's head of personal lines Andy Cornish is to leave after Peter Harmer, IAG's new CEO, reshuffled his senior team starting 9 December.
Insured costs rise to A$120m for South Australia bushfires
The bushfires in South Australia have so far seen almost A$119.7m (£58m) of claims.
Product disclosure statements are too long and complex, says ICA
An Insurance Council of Australia taskforce has made 16 key recommendations to improve Australia's insurers' product explanations to customers.
Stream halts trading in Australia as part of bid to raise capital
Stream Claims Services UK’s Australian-based parent the Stream Group requested a pause in trading on Friday (27 November) in a bid to conduct a capital-raising drive.
"Horrific" South Australia bushfires cost insurers over A$75m
According to the Insurance Council of Australia bushfires north of Adelaide have costs insurers A$75m (£36m) so far.
16 homes destroyed in South Australia bushfires
The Insurance Council of Australia has declared a catastrophe for multiple bushfires north of Adelaide in South Australia.
Ortega to lead Chubb in Asia-Pacific after Ace deal completes
Juan Luis Ortega, Asia-Pacific president at Ace, will lead the merged entities of Ace and Chubb in the region.
Australasia's risk management institute appoints Ventura as president
The Risk Management Institution of Australasia has appointed vice-president Anthony Ventura as its new president.
Insight Australia's brokers to join Steadfast
Insight Australia Group's broker members have decided to join Steadfast's network.
XL Catlin recruits from AIG to bolster Australia crisis capabilities
Shelley Devane has joined XL Catlin to become its head of crisis management for Australia.
IAG drops Australia from logo
IAG has decided to drop Insurance Australia Group from its logo and will now use lower case letters for its overall brand.
Bart appointed Crawford's CEO for Asia-Pacific
Andrew Bart, Crawford's Pacific CEO, has been promoted to CEO Asia-Pacific.
Steadfast sees flattening premiums in Australia
Steadfast managing director and CEO Robert Kelly said market rates are flattening after a year of declining premiums and profitability at Australian insurers.
Milliner resigns from Suncorp
Mark Milliner, head of personal lines at Suncorp, has resigned.
Editor's Comment: The Down Under conundrum
I’m all for encouraging the global imports and exports trade and, over the years, us Brits have adopted several Aussie traditions – such as throwing shrimps on the barbie, Kylie, Foster’s, Uggs, and, my favourite, Hugh Jackman.
Industry urges for home-grown FCA appointment
Industry commentators have been left perplexed by reports that Financial Conduct Authority head hunters have approached Australian regulator Greg Medcraft about the top job, and have urged the regulator to choose a CEO who will take the time to get to…
Holland promoted at Triton Global in Australia
Mathew Holland has been promoted at claims service provider Triton Global in Australia.
Chairman of Australian regulator linked with FCA top job
The chairman of the Australian regulator Greg Medcraft has reportedly been approached by the Financial Conduct Authority with a view to taking over as CEO of the UK watchdog.
Axis Capital axes retail division in Australia
Axis Capital has decided to close down its Australian retail insurance operations.
Harmer to succeed Wilkins as IAG CEO
Peter Harmer, CEO of IAG Labs, is to become managing director and CEO of Insurance Australia Group on 16 November.
Swiss Re's insurance arm buys Australian aviation business
Swiss Re Corporate Solutions has bought the whole of Assetinsure Holdings' aviation business for an undisclosed sum.