Breaking News
20 February 2024
Suncorp has won its appeal over the planned $4.9 billion sale of its bank to ANZ, with a decision in the two companies’ favour handed down by the Australian Competition Tribunal this morning...
15 February 2024
Australian underwriting agency Agile has been given the go-ahead to establish its own Lloyd’s syndicate, insuranceNEWS.com.au understands...
10 January 2024
The National Insurance Brokers Association says CEO Phil Kewin has resigned from the role and will leave the organisation in April...
16 November 2023
Steadfast has announced it will acquire a 70% equity interest in Queensland underwriting agency Sure Insurance for a deal including an upfront cash payment of $148.8 million...
16 November 2023
The NSW Labor Government says the state’s insurance-funded Emergency Services Levy is inefficient and unsustainable and it plans to ditch current arrangements and introduce a fairer system...
20 October 2023
The Australian and New Zealand Institute of Insurance and Finance has appointed former New Zealand politician Katrina Shanks as its next CEO...
06 October 2023
Steadfast says it has acquired ISU Group, one of the largest privately owned independent insurance agency networks in the US, for $US55 million...
06 September 2023
Marsh has announced that Josh Roach will become Pacific President from January, taking over from Nick Harris who will move to a senior role with the company in the UK...
21 August 2023
Global broking giant Marsh has agreed to acquire Melbourne-headquartered Honan Insurance Group...
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...
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...
30 May 2023
Catholic Church Insurance has announced today that it will cease issuing new or renewal policies and will voluntarily place the organisation into “run off” after it was unable to secure sufficient additional capital...
18 May 2023
AUB Group and PSC Insurance Group will not proceed with the proposed Tysers UK retail joint venture, the two companies announced today...
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...
27 February 2023
Underwriting agencies incubator Rhodian, co-founded by Simon Lightbody, has launched with US-based specialty wholesale distributor Amwins taking a minority stake in the business...
19 December 2022
The NSW Supreme Court has found in favour of JLT in a class action launched over local government insurance mutuals...
16 December 2022
AIG Australia CEO Nigel Fitzgerald will leave the company to join Steadfast as COO, effective from the second quarter of next year...
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...
14 October 2022
The High Court of Australia has today declined three appeal applications arising from the Insurance Council of Australia second test case over business interruption cover during the pandemic...
25 August 2022
360 Underwriting Solutions says Jason Clarke has been appointed as CEO of its Australian business, joining from QBE where he has held several senior roles during a 32-year career with the insurer...