insuranceNEWS.com.au - Corporate

AUB stock plunges as buyout hits buffers

Mon, 01 Dec 2025 04:03:56 GMT

The price of AUB Group shares dropped significantly today after it announced the collapse of a takeover proposal from a private equity consortium...

‘No planned changes’ to local workforce amid Allianz Partners AI push

Mon, 01 Dec 2025 04:03:48 GMT

Allianz Partners says there will be no changes to its Australian workforce after media reports on possible cuts of up to 1800 jobs worldwide in the next 12-18 months...

Suncorp expects $350 million hail dent

Mon, 01 Dec 2025 04:03:42 GMT

Suncorp says the southeast Queensland hailstorm catastrophe is likely to have a net cost of $350 million when taking its reinsurance program into account...

Tower flags earnings drop as favourable conditions ‘normalise’

Mon, 01 Dec 2025 04:03:25 GMT

New Zealand insurer Tower’s net profit jumped 13% to $NZ83.7 million ($73.1 million) in the year to September, lifted by benign weather and fewer vehicle thefts...

NRMA seals driver assistance deal in SA expansion

Mon, 01 Dec 2025 04:03:10 GMT

IAG brand NRMA Insurance has introduced a bundled motor cover product for SA drivers under a partnership with the National Roads and Motorists’ Association...

Claim Central creditors await CBA nod for deed plan

Mon, 24 Nov 2025 03:41:14 GMT

Claim Central's unsecured creditors have voted for a deed of company arrangement as an alternative to the group entering liquidation...

Sedgwick shakes up Australian leadership as chief retires

Mon, 24 Nov 2025 03:41:06 GMT

Sedgwick’s New Zealand CEO Phil van Zyl will add interim Australia CEO to his duties as Diego Ascani retires from the role...

Agency revamps tradies’ PI

Mon, 24 Nov 2025 03:40:54 GMT

Hutch Underwriting has launched new professional indemnity wordings for tradies to bring advice, design and incidental cyber exposures into a single solution...

IAG still waiting on RAC ruling

Mon, 24 Nov 2025 03:40:42 GMT

IAG will have to wait until next month for the competition regulator’s decision on its proposed $1.35 billion acquisition of WA-based RAC underwriting...

Hutch offers ‘fast, flexible’ management liability cover

Mon, 24 Nov 2025 03:40:30 GMT

New management liability cover from Hutch Underwriting is now live on Sunrise Exchange...

QBE names Yasmin Allen as next chair

Mon, 17 Nov 2025 04:19:11 GMT

QBE Insurance Group says Yasmin Allen, a board director for the past three years, will take over as chair from Mike Wilkins next May...

Plant underwriter Level opens for business

Mon, 17 Nov 2025 04:06:29 GMT

Mobile plant and equipment specialist Level Underwriting started trading today, providing cover aimed at small to medium operators...

RACT names new chair

Mon, 17 Nov 2025 04:06:20 GMT

Keryn Nylander has been appointed president and chair of RACT’s board...

Promotions announced at major brokerage after merger

Mon, 17 Nov 2025 04:06:09 GMT

Network Insurance House has confirmed a series of promotions and the launch of a national new business team...

EQT forms consortium to pursue AUB buyout

Mon, 10 Nov 2025 03:32:52 GMT

Swedish private equity firm EQT will partner with CVC Asia-Pacific on a joint bid for AUB Group, the Australian broking giant has announced...

Steadfast businesses ‘unlock scale, efficiency’ with Coverforce move

Mon, 10 Nov 2025 03:32:44 GMT

Steadfast says its Community Broker Network, BCB Group and GSA businesses will scale more effectively following the integration of Coverforce operations...

IAG’s storms claim count passes 10,000

Mon, 10 Nov 2025 03:32:36 GMT

IAG has received more than 10,000 claims related to bad weather across Queensland, NSW and Victoria in the past few weeks – including more than half lodged with the recently acquired RACQ Insurance...

Ex-Aon trio take cyber, FINEX roles at Willis

Mon, 10 Nov 2025 03:32:24 GMT

Three senior executives have joined the cyber and financial, professional and executive risk teams at Willis after leaving rival broker Aon...

Exec reunites with Zurich for APAC claims role

Mon, 10 Nov 2025 03:30:15 GMT

Zurich Insurance has made Megan Shao its chief claims officer for Asia-Pacific...

Allianz ‘flying together’ with Eagles in AFL sponsor deal

Mon, 10 Nov 2025 03:29:57 GMT

Allianz Australia has agreed a four-year “platinum partner” deal with the West Coast Eagles...