BHP Marine & General Insurances Pty Ltd, the Australian captive of mining group BHP, ceased writing new policies on 1 July following a review of the group’s insurance arrangements, Fitch Ratings says as it affirms the captive’s ratings.
TAL Life Limited Australia (TAL) joins the International Group Program (IGP) Network as its new partner in Australia.
Damian Schinck previously spent time as head of risk management for Marsh Pacific, and brings over 20 years of experience to his new role
MS Amlim has opened a new Australian branch office in Sydney, appointing Matt Botfield as head of Australia and New Zealand
This acquisition, combined with the client base of Unicorn Risk Solutions — recently rebranded as Howden — strengthens the company’s presence in regional Western Australia
Over the past few years, QBE's underwriting performance has significantly improved thanks to ongoing premium rate increases and various group-wide underwriting initiatives to lower earnings volatility
The companies say the new arrangement allows existing and new Tesla owners to access the ‘InsureMyTesla’ electric vehicle offering
The main catastrophe programme covers the home, motor, and commercial property portfolios across Australia and New Zealand