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ACCC rejects Suncorp Bank sale to ANZ

04 August 2023

The Australian Competition and Consumer Commission has rejected Suncorp’s plan to sell its banking business to ANZ in a proposed $4.9 billion deal, with the insurer saying it is "surprised and disappointed" by the decision...

AIG names new Australia CEO

21 July 2023

AIG has appointed Grant Cairns as CEO AIG Australia, and Head of Australia and New Zealand, based in Melbourne and effective from November...

IAG announces departure of key executives

09 May 2023

IAG CFO Michelle McPherson will retire by the end of the calendar year and Chief Insurance and Strategy Officer Tim Plant will leave at the end of next month, the company said today...

Giant UK broker swoops for Australia's Envest

23 November 2022

The UK’s largest independent broker, Ardonagh Group, has agreed to acquire Australian insurance investment and distribution business Envest for $482 million...

Suncorp sells bank for $4.9 billion

18 July 2022

Suncorp has signed an agreement to sell its banking business to ANZ for $4.9 billion, focusing the company on its insurance operations in Australia and New Zealand...