Steadfast faces headwinds amid premium rethink, CEO ‘distraction’
03 November 2025
Steadfast Group has flagged actions to address “changing market conditions” after lowering its premium rate outlook for this financial year...
Corporate
‘The holy grail’: market watchers weigh $5.2 billion AUB takeover bid
03 November 2025
A Swedish private equity firm’s $5.25 billion bid for listed intermediary group AUB may be no more than a starting point in the sale process, and more buyers could join the hunt, analysts say...
AIG picks up renewal rights as Everest exits retail lines
03 November 2025
Everest Group will not renew retail insurance policies as they expire over the coming year and has sold the renewal rights to AIG...
Helia finds no breaches after staff share trades probed
03 November 2025
Helia Group has found employee share trading before disclosure of the end of a lucrative contract with Commonwealth Bank did not breach the law or company policy...
AMA maintains earnings outlook
03 November 2025
Crash repairer AMA Group has retained its full-year earnings guidance despite lower work volumes in the first quarter...
PSC makes NZ broker purchase
03 November 2025
PSC Insurance Brokers NZ has acquired Tauranga-based Broking Advisors...
MGA buys Melbourne brokerage
03 November 2025
Capital Mutual Insurance Brokers’ operations will be integrated into the MGA Insurance Group network under an acquisition that takes effect on November 17...
Sterling secures PI binder, adds state underwriters
03 November 2025
Sterling Insurance has a new professional indemnity binding authority with Lloyd’s that it says will unlock greater control over product and price for Australian brokers...
Gallagher Bassett eyes more Australian growth
03 November 2025
Global claims manager Gallagher Bassett says it is focused on growing its Australian business, which has performed strongly in the past several years...
IAG tips motor club deals to bring ‘considerable growth’
27 October 2025
IAG says its acquisition-led growth strategy is delivering results and it anticipates an immediate earnings boost from RACQ Insurance...
Private investor seals Johns Lyng takeover
27 October 2025
Pacific Equity Partners has completed its acquisition of Johns Lyng Group...
CGU to contact customers affected by Claim Central halt
27 October 2025
Administrators will hold a creditors’ meeting on Wednesday to discuss options for the Australian property business of Claim Central...
360 moves into casualty
27 October 2025
360 Underwriting Solutions has launched a casualty agency offering tailored products backed by capacity partner Lloyd’s...
Tego marks anniversary with innovation award wins
27 October 2025
Medical malpractice underwriter Tego Insurance won six accolades at this year’s Global Insurance Innovation Awards...
‘We’re not the bad guys’: Claimo rejects blame for Eric failure
20 October 2025
Refund specialist Claimo says it will not accept responsibility for the failure of motor add-on group Eric, despite an administrators’ report stating it was a string of complaints and associated fees that brought down the insurer...
Insurance buyout drives up RAA bottom line
20 October 2025
SA motoring group RAA’s after-tax profit jumped to $276.1 million last financial year due to an upfront payment from the deal to sell its insurance underwriting operations to Allianz...
Allianz holds onto biggest brand crown
20 October 2025
Allianz has been named the world’s top insurance brand for the seventh year running...
Castle flags positive response since launch
20 October 2025
Castle Insurance MD Bradley Heath says broker uptake of the group’s home, contents and landlord products has been “enormously encouraging”...
‘So many new CEOs’: broker talent war breaks out
13 October 2025
A string of new local leaders at the major international brokerages is turbocharging an already competitive recruitment market, experts say...
Steadfast unveils new specialty agency
13 October 2025
Steadfast has today launched Prevail, a multiline high net worth and farming specialist that brings together three long-standing underwriting agencies – Mansions, Dawes and Argis...