Australia
InsurTech Futures: Lloyd’s launches new digital platform
Lloyd’s Bridge to work as online matching service between coverholders and underwriters.
In Person: Konsileo CEO and co-founder John Warburton
Having secured £2.7m Series A funding from Committed Capital, Konsileo co-founder and CEO John Warburton tells Jonathan Swift how taking offence at consolidation and a digital role in Munich led him to start-up his own InsurTech broker
Gallagher buys Oamps in Wesfarmers deal
American broking giant buys all Wesfarmers’ insurance broking operations.
Oamps chief: It's "business as usual"
Howard Pearson confirms that the Lloyd's broker was not part of the IAG deal with Wesfarmers.
Oamps appoints ex-Giles boss Sarah Lyons to Melbourne-based role
Former broker boss in global move to take up new commercial post.
Brightside confirms director exit as former Marsh man joins
Brightside Group has confirmed that director John Gannon will step down as of 31 May 2013 to return to his native Australia.
QBE to cut 700 jobs
QBE is to cut up to 700 positions across Europe, Australia and the US over the next few years.
Profits up at QBE
QBE has reported an 8% rise in net profit after tax to US$761m [£501.8m] for 2012 along with gross written premiums (GWP) of $18.4bn, up a modest 1% on 2011.
IAG's results dented by UK performance
Insurance Australia Group's (IAG) half-year 2012 results were knocked by the performance of its recently-sold UK business.
Hanks confirms Allianz retirement date
Chris Hanks, general manager at Allianz Commercial has confirmed his retirement date from the provider as the end of June this year.
IAG exits UK market with Equity and broker sales
Insurance Australia Group (IAG) has confirmed the sale of Equity Red Star and its independent commercial brokers including Barnett & Barnett and NBJ in two separate deals.
Arista looks to the Outback for new senior underwriter
Arista Insurance has moved to appoint Grant Twist as senior underwriter in its Midlands team in a bid to better serve the region.
Ecclesiastical claims no need for broker concern over results
Ecclesiastical has moved to reassure brokers following its disappointing results for the first six months of 2012.
Ecclesiastical doubles underwriting loss as COR worsens
Ecclesiastical has reported a group underwriting loss of £14.4m for the first six months of 2012.
Fitch affirms AA- credit rating of IAG subsidiaries
Fitch has upheld the financial strength rating of Insurance Australia Group's (IAG) core operating subsidies at AA-.
Ecclesiastical posts losses for 2011
Ecclesiastical has reported a pre-tax group loss of £7.7m for 2011, compared with £50.4m profit in 2010.
Ex Footman James boss to lead JLT’s MGA
Former Footman James boss Paul Matthews has been recruited as CEO of JLT-owned Thistle Insurance Services.
Equity owner reports UK loss
Insurance Australia Group (IAG) has reported a loss of AU$7m (£4.77m) for the first half of the financial year 2012 for its UK division.
QBE maintains rating status despite profit warning
Credit rating agencies Fitch and AM Best have both reaffirmed their ‘excellent’ level ratings on QBE following it announcement on 12 January that group profits would be up to 50% lower than the $1.3bn (£834m) announced in 2010.