Business
IAG appoints Nick Hawkins as new CEO – Sydney Morning Herald
Incoming chief executive of the Insurance Australia Group Nick Hawkins says the industry is not set up to cover the financial fallout from the coronavirus pandemic.
“That is not the way our industry has been set up.”
Mr Hawkins said he had sympathy for decision-makers forced to balance the economy with public health but ultimately threw his support behind the lockdowns. “What we support is the governments view that prioritising safety is part of this pandemic and having to make tough decisions to ensure were all safe.”
On climate change, Mr Hawkins, who joined IAG in 2001 and was chief financial officer for 12 years, said insurers could play a greater rol…
-
General10 hours agoAlleged Croydon Park gunman Artemios Mintzas charged with 25 offences
-
General24 hours agoThree youths in police custody after fire at Ashley Youth Detention Centre in northern Tasmania
-
General16 hours agoTeam Australia wins back-to-back Motocross of Nations titles
-
Business22 hours agoWhy this speculative ASX stock is jumping 6% today