APRA insurance chief Geoff Summerhayes has warned commercial property insurers about pricing.

APRA chief warns insurers to get house in order

APRA's insurance chief has called on commercial property insurers to get their house in order amid continuing evidence of volatile product pricing and need for improved underwriting standards.

"How important is diversification for us? Very," says Mark Searles, chief executive of Austbrokers.

Austbrokers sticks to diversification plan

Mark Searles, chief executive of Austbrokers, admits it's hard not to be affected by the volatile movements in the company's share price since its profit downgrade in January - but stressed sticking to his diversification strategy is key to restoring investors' faith in the broking giant.

Austbrokers, one of Australia's biggest insurance broking networks, has replaced retiring CFO Steve Rouvray with Jodie ...

Austbrokers appoints new CFO

Former The Trust Company finance boss Jodie Blackledge is the new chief financial officer of Austbrokers, following the retirement of Steve Rouvray after a decade in the post.

Profits across many Australian life insurers are getting hammered from a series of headwinds.

Pressure on to fix life woes

For many life insurance companies, profits are in the doldrums. Claims are elevated, policies cancelled, and signs of a sustainable turnaround in business conditions appear far away. Everyone agrees that something has to be done, but not everyone can agree on the solution.