Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 220 results for "reinsurance"

New chief for Willis Re Australia

ELIZA BAVIN  |  WEDNESDAY, 22 JAN 2020
Willis Tower Watson's reinsurance business, Willis Re, has appointed a new chief executive for its Australian arm. John Philipsz will fill the position, effective 1 January 2020, after serving as deputy chief executive since 2018. Prior to that, Philipsz ...

Insurers halt sales to fire-affected areas

ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2020
... number of insurance payouts as a result of the devastating bushfires that have ravaged the country. Suncorp reported a reinsurance protection program with enhanced natural hazard protection in FY20, with the insurer saying it will not know the full extent ...

Global group adds to local leadership

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2019
... market exploration and regional development of the investment management business as well as bringing Munich Re's reinsurance capabilities to insurers and superannuation funds. Francois was most recently director of sales, asset management at DWS ...

CBA finalises CommInsure sale

ELIZA BAVIN  |  FRIDAY, 1 NOV 2019
... business. Colonial Mutual Life Assurance Society, the key life insurance entity of CommInsure Life, has also implemented reinsurance arrangements that are expected to result in a distribution to CBA in the first half of FY2020. CBA chief executive Matt ...

Board addition strengthens strategic relationship

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
... relationship saw MS&AD increase its Challenger shareholding to over 15% of issued capital and Challenger commenced reinsurance of US currency annuities issued by Mitsui Sumitomo Primary Life. Kobayashi is director and managing executive officer (corporate ...

CommInsure sale stalls, sold for discount

KARREN VERGARA  |  FRIDAY, 23 AUG 2019
... agreement that values CommInsure Life at $2.375 billion, which involves entering a joint co-operation agreement with AIA, reinsurance arrangements, partnership milestone payments and a statutory asset transfer. CBA flagged its intention to sell 100% ...

NEOS Life partners with insurance tech firm

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2019
... start-up in just nine months. This includes implementing an adviser portal; a CRM and sales administration platform; reinsurance reporting; as well as help it integrate with the underwriting engine. NEOS managing director Brett Yardley said the firm ...

Industry fund appoints chair

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
... position she's held since April 2013. Torney also sits on the boards of Girl Guides Australia, the Australian Reinsurance Pool and Techfront Australia. Whan has been a Club Plus Super trustee director since 2015. Currently the chief executive of ...

Insurtech Australia names new chief

KARREN VERGARA  |  TUESDAY, 14 MAY 2019
... Australia's membership doubled to 46 in the last year. New corporate partners include Willis Towers Watson and reinsurance firm SCOR. O'Dell said Yates has been involved with Insurtech Australia from day one and has unparalleled expertise in ...

Life insurers prioritise customer service over tech

KARREN VERGARA  |  TUESDAY, 7 MAY 2019
... services provider TAS found customer experience will drive the transformation agenda for life, general, motor and reinsurance companies the year ahead. About one quarter of the 50 leaders canvassed said they will measure their success via customer satisfaction ...