The broker group has announced its expansion into the US insurance market following an agreement to acquire ISU Group, one of the largest independent insurance agency networks in America.
The experienced McDonnell will move from the UK, where he held positions such as COO for The Integrity Council for The Voluntary Carbon Market and CRO at Royal & Sun Alliance Insurance Group.
APRA and ASIC publish information package to oversee implementation of FAR, a new regime which aims to improve transparency and accountability in the insurance, banking, and superannuation sectors.
Generali is consolidating its insurance business units under one division, with experienced executive Giulio Terzariol joining from Allianz SE to lead the new division.
The Insurance Authority's release of audited statistics confirms sharp increase in underwriting profit in 2022, despite modest growth of 3.11% in gross premiums.
In June, the FSA instructed major Japanese insurers to investigate "cartel" behaviour over contracts supplied to railway operator Tokyu; the latest report suggests price fixing could be a more widespread...
