insuranceNEWS.com.au - CorporateGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auEQT forms consortium to pursue AUB buyouthttps://www.insurancenews.com.au/corporate/eqt-forms-consortium-to-pursue-aub-buyouthttps://www.insurancenews.com.au/corporate/eqt-forms-consortium-to-pursue-aub-buyout<p>Swedish private equity firm EQT will partner with CVC Asia-Pacific on a joint bid for AUB Group, the Australian broking giant has announced...</p>Mon, 10 Nov 2025 03:32:52 GMTSteadfast businesses ‘unlock scale, efficiency’ with Coverforce movehttps://www.insurancenews.com.au/corporate/steadfast-groups-unlock-scale-efficiency-with-coverforce-movehttps://www.insurancenews.com.au/corporate/steadfast-groups-unlock-scale-efficiency-with-coverforce-move<p>Steadfast says its Community Broker Network, BCB Group and GSA businesses will scale more effectively following the integration of Coverforce operations...</p>Mon, 10 Nov 2025 03:32:44 GMTIAG’s storms claim count passes 10,000https://www.insurancenews.com.au/corporate/iag-s-storms-claim-count-passes-10-000https://www.insurancenews.com.au/corporate/iag-s-storms-claim-count-passes-10-000<p>IAG has received more than 10,000 claims related to bad weather across Queensland, NSW and Victoria in the past few weeks &ndash; including more than half lodged with the recently acquired RACQ Insurance...</p>Mon, 10 Nov 2025 03:32:36 GMTEx-Aon trio take cyber, FINEX roles at Willishttps://www.insurancenews.com.au/corporate/ex-aon-trio-take-cyber-finex-roles-at-willishttps://www.insurancenews.com.au/corporate/ex-aon-trio-take-cyber-finex-roles-at-willis<p>Three senior executives have joined the cyber and financial, professional and executive risk teams at Willis after leaving rival broker Aon...</p>Mon, 10 Nov 2025 03:32:24 GMTExec reunites with Zurich for APAC claims rolehttps://www.insurancenews.com.au/corporate/exec-reunites-with-zurich-for-apac-claims-rolehttps://www.insurancenews.com.au/corporate/exec-reunites-with-zurich-for-apac-claims-role<p>Zurich Insurance has made Megan Shao its chief claims officer for Asia-Pacific...</p>Mon, 10 Nov 2025 03:30:15 GMTAllianz ‘flying together’ with Eagles in AFL sponsor dealhttps://www.insurancenews.com.au/corporate/allianz-flying-together-with-eagles-in-afl-sponsor-dealhttps://www.insurancenews.com.au/corporate/allianz-flying-together-with-eagles-in-afl-sponsor-deal<p>Allianz Australia has agreed a four-year &ldquo;platinum partner&rdquo; deal with the West Coast Eagles...</p>Mon, 10 Nov 2025 03:29:57 GMTSteadfast faces headwinds amid premium rethink, CEO ‘distraction’https://www.insurancenews.com.au/corporate/steadfast-faces-headwinds-amid-premium-rethink-ceo-distractionhttps://www.insurancenews.com.au/corporate/steadfast-faces-headwinds-amid-premium-rethink-ceo-distraction<p>Steadfast Group has flagged actions to address &ldquo;changing market conditions&rdquo; after lowering its premium rate outlook for this financial year...</p>Mon, 03 Nov 2025 04:10:16 GMT‘The holy grail’: market watchers weigh $5.2 billion AUB takeover bidhttps://www.insurancenews.com.au/corporate/the-holy-grail-market-watchers-weigh-5-2-billion-aub-takeover-bidhttps://www.insurancenews.com.au/corporate/the-holy-grail-market-watchers-weigh-5-2-billion-aub-takeover-bid<p>A Swedish private equity firm&rsquo;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...</p>Mon, 03 Nov 2025 02:30:18 GMTAIG picks up renewal rights as Everest exits retail lineshttps://www.insurancenews.com.au/corporate/aig-picks-up-renewal-rights-as-everest-exits-retail-lineshttps://www.insurancenews.com.au/corporate/aig-picks-up-renewal-rights-as-everest-exits-retail-lines<p>Everest Group will not renew retail insurance policies as they expire over the coming year and has sold the renewal rights to AIG...</p>Mon, 03 Nov 2025 02:30:11 GMTHelia finds no breaches after staff share trades probedhttps://www.insurancenews.com.au/corporate/helia-finds-no-breaches-after-staff-share-trades-probedhttps://www.insurancenews.com.au/corporate/helia-finds-no-breaches-after-staff-share-trades-probed<p>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...</p>Mon, 03 Nov 2025 02:29:58 GMTAMA maintains earnings outlookhttps://www.insurancenews.com.au/corporate/ama-maintains-earnings-outlookhttps://www.insurancenews.com.au/corporate/ama-maintains-earnings-outlook<p>Crash repairer AMA Group has retained its full-year earnings guidance despite lower work volumes in the first quarter...</p>Mon, 03 Nov 2025 02:29:36 GMTPSC makes NZ broker purchasehttps://www.insurancenews.com.au/corporate/psc-makes-nz-broker-purchasehttps://www.insurancenews.com.au/corporate/psc-makes-nz-broker-purchase<p>PSC Insurance Brokers NZ has acquired Tauranga-based Broking Advisors...</p>Mon, 03 Nov 2025 02:29:09 GMTMGA buys Melbourne brokeragehttps://www.insurancenews.com.au/corporate/mga-buys-melbourne-brokeragehttps://www.insurancenews.com.au/corporate/mga-buys-melbourne-brokerage<p>Capital Mutual Insurance Brokers&rsquo; operations will be integrated into the MGA Insurance Group network under an acquisition that takes effect on November 17...</p>Mon, 03 Nov 2025 02:20:02 GMTSterling secures PI binder, adds state underwritershttps://www.insurancenews.com.au/corporate/sterling-secures-pi-binder-adds-state-underwritershttps://www.insurancenews.com.au/corporate/sterling-secures-pi-binder-adds-state-underwriters<p>Sterling Insurance has a new professional indemnity binding authority with Lloyd&rsquo;s that it says will unlock greater control over product and price for Australian brokers...</p>Mon, 03 Nov 2025 02:19:28 GMTGallagher Bassett eyes more Australian growthhttps://www.insurancenews.com.au/corporate/gallagher-bassett-eyes-more-australian-growthhttps://www.insurancenews.com.au/corporate/gallagher-bassett-eyes-more-australian-growth<p>Global claims manager Gallagher Bassett says it is focused on growing its Australian business, which has performed strongly in the past several years...</p>Mon, 03 Nov 2025 02:19:14 GMTIAG tips motor club deals to bring ‘considerable growth’https://www.insurancenews.com.au/corporate/iag-tips-motor-club-deals-to-bring-considerable-growthhttps://www.insurancenews.com.au/corporate/iag-tips-motor-club-deals-to-bring-considerable-growth<p>IAG says its acquisition-led growth strategy is delivering results and it anticipates an immediate earnings boost from RACQ Insurance...</p>Mon, 27 Oct 2025 03:07:39 GMTPrivate investor seals Johns Lyng takeoverhttps://www.insurancenews.com.au/corporate/private-investor-seals-johns-lyng-takeoverhttps://www.insurancenews.com.au/corporate/private-investor-seals-johns-lyng-takeover<p>Pacific Equity Partners has completed its acquisition of Johns Lyng Group...</p>Mon, 27 Oct 2025 03:07:18 GMTCGU to contact customers affected by Claim Central halthttps://www.insurancenews.com.au/corporate/cgu-to-contact-customers-affected-by-claim-central-halthttps://www.insurancenews.com.au/corporate/cgu-to-contact-customers-affected-by-claim-central-halt<p>Administrators will hold a creditors&rsquo; meeting on Wednesday to discuss options for the Australian property business of Claim Central...</p>Mon, 27 Oct 2025 03:07:07 GMT360 moves into casualtyhttps://www.insurancenews.com.au/corporate/360-moves-into-casualtyhttps://www.insurancenews.com.au/corporate/360-moves-into-casualty<p>360 Underwriting Solutions has launched a casualty agency offering tailored products backed by capacity partner Lloyd&rsquo;s...</p>Mon, 27 Oct 2025 03:06:46 GMTTego marks anniversary with innovation award winshttps://www.insurancenews.com.au/corporate/tego-marks-anniversary-with-innovation-award-winshttps://www.insurancenews.com.au/corporate/tego-marks-anniversary-with-innovation-award-wins<p>Medical malpractice underwriter Tego Insurance won six accolades at this year&rsquo;s Global Insurance Innovation Awards...</p>Mon, 27 Oct 2025 02:45:06 GMT