insuranceNEWS.com.au - Breaking NewsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auSwiss Re names new local CEO https://www.insurancenews.com.au/breaking-news/swiss-re-names-new-local-ceohttps://www.insurancenews.com.au/breaking-news/swiss-re-names-new-local-ceo<p>Swiss Re has appointed Ben Savill as CEO Australia and New Zealand, replacing Trent Thomson who has moved into a global role...</p>Mon, 27 Jul 2026 22:32:37 GMTNIBA reveals draft code of practicehttps://www.insurancenews.com.au/breaking-news/niba-reveals-draft-code-of-practicehttps://www.insurancenews.com.au/breaking-news/niba-reveals-draft-code-of-practice<p>The National Insurance Brokers Association has released the final draft of its rewritten code of practice for public consultation...</p>Wed, 08 Jul 2026 05:30:00 GMTQBE regional chief Houghton to retirehttps://www.insurancenews.com.au/breaking-news/qbe-regional-chief-houghton-to-retirehttps://www.insurancenews.com.au/breaking-news/qbe-regional-chief-houghton-to-retire<p>QBE Australia Pacific CEO Sue Houghton plans to retire at the end of the year after more than five years with the insurer and a financial services career spanning more than three decades...</p>Tue, 07 Jul 2026 23:38:35 GMTZurich steps into home market with Honeyhttps://www.insurancenews.com.au/breaking-news/zurich-steps-into-home-market-with-honeyhttps://www.insurancenews.com.au/breaking-news/zurich-steps-into-home-market-with-honey<p>Zurich will enter the personal home insurance market and scale up its motor footprint through an expanded partnership with Honey...</p>Thu, 02 Jul 2026 23:00:23 GMTEnforceable code of practice released for feedbackhttps://www.insurancenews.com.au/breaking-news/enforceable-code-of-practice-released-for-feedbackhttps://www.insurancenews.com.au/breaking-news/enforceable-code-of-practice-released-for-feedback<p>The Insurance Council of Australia has unveiled a draft version of its new code of practice, which will for the first time be legally enforceable as part of contracts...</p>Tue, 23 Jun 2026 23:30:38 GMTSteadfast receives $7.7 billion buyout bidhttps://www.insurancenews.com.au/breaking-news/steadfast-receives-7-7-billion-buyout-bidhttps://www.insurancenews.com.au/breaking-news/steadfast-receives-7-7-billion-buyout-bid<p>Steadfast has attracted a $6-a-share takeover offer from Amwins Group and Dragoneer Investment Group, valuing the company at $7.7 billion...</p>Wed, 10 Jun 2026 05:03:55 GMTSteadfast shares on trading halthttps://www.insurancenews.com.au/breaking-news/steadfast-shares-on-trading-halthttps://www.insurancenews.com.au/breaking-news/steadfast-shares-on-trading-halt<p>Steadfast Group shares have entered a trading halt ahead of an expected further announcement about a potential material transaction...</p>Wed, 10 Jun 2026 00:36:59 GMTHelia recruits Steadfast’s Senkevics as CEOhttps://www.insurancenews.com.au/breaking-news/helia-recruits-steadfast-s-senkevics-as-ceohttps://www.insurancenews.com.au/breaking-news/helia-recruits-steadfast-s-senkevics-as-ceo<p>Helia Group has appointed Steadfast underwriting agencies head Mark Senkevics as CEO...</p>Tue, 09 Jun 2026 23:28:51 GMTIAG settles in $4 billion Greensill lawsuithttps://www.insurancenews.com.au/breaking-news/iag-settles-in-4-billion-greensill-lawsuithttps://www.insurancenews.com.au/breaking-news/iag-settles-in-4-billion-greensill-lawsuit<p>IAG has reached a confidential agreement to settle legal proceedings brought by Greensill Bank AG and its insolvency administrator...</p>Fri, 29 May 2026 00:42:22 GMTChubb, AIG leaders exit in executive shufflehttps://www.insurancenews.com.au/breaking-news/chubb-aig-leaders-exit-in-executive-shufflehttps://www.insurancenews.com.au/breaking-news/chubb-aig-leaders-exit-in-executive-shuffle<p>Chubb&rsquo;s country president for Australia and New Zealand Ben Howell and AIG Australia CEO Kathleen Warden are leaving their roles, insuranceNEWS.com.au can confirm...</p>Tue, 28 Apr 2026 04:44:28 GMTRegulator continues to block IAG acquisition of RAC Insurancehttps://www.insurancenews.com.au/breaking-news/regulator-continues-to-block-iag-acquisition-of-rac-insurancehttps://www.insurancenews.com.au/breaking-news/regulator-continues-to-block-iag-acquisition-of-rac-insurance<p>The mergers watchdog says IAG&rsquo;s proposed acquisition of WA&rsquo;s RAC Insurance could &ldquo;substantially lessen competition&rdquo; &ndash; and the application will now proceed to a more detailed second-phase review...</p>Fri, 17 Apr 2026 00:14:26 GMTSteadfast to acquire Resilium, PSC Connecthttps://www.insurancenews.com.au/breaking-news/steadfast-to-acquire-resilium-psc-connecthttps://www.insurancenews.com.au/breaking-news/steadfast-to-acquire-resilium-psc-connect<p>Steadfast Group will buy the Envest-owned Resilium and PSC Connect authorised representative networks...</p>Thu, 02 Apr 2026 02:42:54 GMTNSW inquiry calls for strata commissions banhttps://www.insurancenews.com.au/breaking-news/nsw-inquiry-calls-for-strata-commissions-banhttps://www.insurancenews.com.au/breaking-news/nsw-inquiry-calls-for-strata-commissions-ban<p>An inquiry has recommended banning NSW strata managers from accepting commissions and restricting supplier intermediaries including insurance brokers from receiving commissions for related work...</p>Mon, 23 Mar 2026 22:38:18 GMTAviso recruits former Marsh, Lockton CEOshttps://www.insurancenews.com.au/breaking-news/aviso-recruits-former-marsh-lockton-ceoshttps://www.insurancenews.com.au/breaking-news/aviso-recruits-former-marsh-lockton-ceos<p>Aviso Specialty has appointed former local Marsh boss Josh Roach as its new CEO, with ex-Lockton chief Paul Marsden joining the board as executive director of broking...</p>Thu, 19 Mar 2026 05:46:21 GMTASIC sues over ‘misleading’ Budget Direct adshttps://www.insurancenews.com.au/breaking-news/asic-sues-over-misleading-budget-direct-adshttps://www.insurancenews.com.au/breaking-news/asic-sues-over-misleading-budget-direct-ads<p>The corporate regulator is suing Auto &amp; General over alleged policy discount misrepresentations in Budget Direct insurance adverts viewed by millions of consumers...</p>Fri, 27 Feb 2026 00:11:47 GMTEML acquires majority stake in Guildhttps://www.insurancenews.com.au/breaking-news/eml-acquires-majority-stake-in-guildhttps://www.insurancenews.com.au/breaking-news/eml-acquires-majority-stake-in-guild<p>EML Group has secured a majority stake in Guild Insurance, in a strategic partnership that aims to open up growth opportunities and fast-track development of tech and AI...</p>Wed, 25 Feb 2026 05:22:00 GMTSteadfast confirms details of CEO Kelly’s retirementhttps://www.insurancenews.com.au/breaking-news/steadfast-confirms-details-of-ceo-kelly-s-retirementhttps://www.insurancenews.com.au/breaking-news/steadfast-confirms-details-of-ceo-kelly-s-retirement<p>Steadfast's search for a new group CEO is under way after Robert Kelly confirmed his pending retirement to the board...</p>Mon, 23 Feb 2026 09:51:50 GMTSwiss Re commercial arm to buy QBE trade credit operationhttps://www.insurancenews.com.au/breaking-news/swiss-re-commercial-arm-to-buy-qbe-trade-credit-operationhttps://www.insurancenews.com.au/breaking-news/swiss-re-commercial-arm-to-buy-qbe-trade-credit-operation<p>QBE has agreed to sell its global trade credit and surety business to Swiss Re Corporate Solutions...</p>Fri, 20 Feb 2026 00:27:54 GMTAustbrokers Countrywide and Adroit to mergehttps://www.insurancenews.com.au/breaking-news/austbrokers-countrywide-and-adroit-to-mergehttps://www.insurancenews.com.au/breaking-news/austbrokers-countrywide-and-adroit-to-merge<p>Austbrokers Countrywide and Adroit Insurance &amp; Risk will merge to strengthen the combined group&rsquo;s presence across Melbourne, regional Victoria and southeast Queensland...</p>Thu, 19 Feb 2026 00:58:34 GMTAUB to make $432 million Prestige purchasehttps://www.insurancenews.com.au/breaking-news/aub-to-make-432-million-prestige-purchasehttps://www.insurancenews.com.au/breaking-news/aub-to-make-432-million-prestige-purchase<p>AUB Group has struck an agreement to acquire UK broker and underwriting agency business Prestige for $432 million, furthering its international expansion...</p>Mon, 26 Jan 2026 23:45:25 GMT