LM Re has appointed Mr Mark De La Mare as head of Australia and New Zealand, effective October 2024. In his new role, he will lead the LM Re underwriting team based in Sydney and playing a pivotal role in LM Re's strategy for the region.
Agile Underwriting Services has appointed Mr Matthew Rowan as group risk and compliance officer. In his new role, he will oversee both the syndicate service company and MGA operations, as well as the claims handling units and work with broking partners.
Fitch Ratings ranks Resolution Life Australasia's (RLA) company profile as 'Moderate', compared with other insurers in Australia, reflecting its larger operating scale and strategy of managing run-off businesses.
Chubb has appointed Mr Ben Howell as country president of general insurance business in Australia and New Zealand, effective 1 September 2024 and subject to regulatory approval. In his new role, he will have responsibility for Chubb's P&C and personal lines operations across Australia and New Zealand.
Arch Insurance (Arch) has appointed Mr Alex Mackinnon as Northern Region executive assurance underwriting manager. In his new role, lead the continued growth of Arch's executive assurance portfolio across the Northern Region, which includes New South Wales, Queensland and the Australian Capital Territory.
Two Australia-headquartered insurance brokers have been listed on the "Best Rankings - Top 20 Global Brokers - 2024 Edition", where rankings are based on 2023 total revenue. This is the first time that the two brokers appear on the list.
Lockton, the world's largest privately-owned insurance brokerage, has expanded its Australian footprint and opened an Adelaide office.
QBE Insurance, one of the world's top 20 general insurance and reinsurance companies, is focused on improving its claims support for customers amid recent severe weather events, drawing from insights gained following the 2022 east coast floods.
The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) are calling on superannuation trustees to boost efforts to track and measure the impact of their strategies to improve retirement outcomes for members.
The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) yesterday published new information to help insurers and superannuation trustees prepare for the commencement of the Financial Accountability Regime (FAR).