An insurance giant has plans to take the scalpel to surgical policies held by its direct insurance business and transfer them to a specialist provider.
Industry players are delighted to make it to the finalist stage of the biggest event in the industry calendar. But for one broker, there’s double delight in store.
An insurance heavyweight is refusing to be drawn on job loss implications resulting from merging with another major player until consultations are complete.
Membership is snowballing for the NZ branch of a global network organisation, and the unsettled market looks set to increase growth even further.
PLUS Insurer’s board resignation and judges cast their vote
While this insurer heavyweight has defended its move to offshore smaller claims services, another key player says their options include doing the opposite.
A Christchurch developer has had its appeal dismissed by the Court of Appeal, which means a small win for the two insurers involved.
Guidance has been issued for shareholders of this insurance giant on pay recommendations; which directors to keep or not; plus resolutions to refresh its capacity to issue new securities.
Talent from a recently acquired company has landed a plum role with the parent company while another executive takes up a newly created position.
The influx of calls to brokers and insurance lawyers in the wake of the Ridgecrest decision this week has not yet transpired, contrary to predictions made in mainstream media reports.