Steadfast to acquire Insurance Brands Australia

17 August 2022

Steadfast Group has entered into an agreement to acquire Insurance Brands Australia (IBA) for $301 million, the company said today...

Suncorp sells bank for $4.9 billion

18 July 2022

Suncorp has signed an agreement to sell its banking business to ANZ for $4.9 billion, focusing the company on its insurance operations in Australia and New Zealand...

Cyclone pool modelling to be released today, savings 'overhyped'

30 June 2022

The previous federal government misled the public on the level of savings that will be achieved by the upcoming cyclone reinsurance pool, Financial Services Minister Stephen Jones will announce today...

AUB to acquire Lloyd's wholesale broker Tysers

09 May 2022

AUB Group has entered into an agreement to acquire UK-based Lloyd’s wholesale broker Tysers for $880 million...

Graham Stevens dies

09 May 2022

Leading broker Graham Stevens has died in Melbourne after a battle with cancer...

Full Court backs insurers on BI appeal

21 February 2022

The Full Court has largely upheld the findings of an earlier Federal Court decision in the appeal over business interruption cover during the covid pandemic...

Zurich's Australia operations 'not for sale'

21 February 2022

Zurich Insurance Group CEO Mario Greco says the company’s Australian operations are not for sale...

Are we ok? Wellness Survey results revealed

15 October 2021

The COVID-19 pandemic and associated restrictions have left more than a quarter of insurance industry professionals so worried about their mental health that they have considered or sought out expert help...

COVID test case judgment: insurers win the day

08 October 2021

The Federal Court today found in favour of insurers on the vast majority of issues in the second business interruption test case on COVID-19 claims – but an appeal looms...

Steadfast acquires Coverforce in $411.5 million deal

16 August 2021

Steadfast has acquired Coverforce, one of Australia’s largest privately owned insurance brokers, for $411.5 million...

It's off: Aon/WTW merger axed

27 July 2021

The mega-merger that would have created the biggest insurance brokerage in the world has been abandoned, with Aon paying Willis Towers Watson a $US1 billion termination fee...

Zurich’s Plant takes up senior role at IAG

20 July 2021

Zurich Australia General Insurance CEO Tim Plant is leaving the business to join IAG as Chief Insurance and Strategy Officer before the end of the year...

NIBA names Philip Kewin as CEO

06 July 2021

The National Insurance Brokers Association says Philip Kewin will become the group’s new CEO following the retirement of Dallas Booth later this year...

High Court rejects BI test case appeal application

25 June 2021

The High Court has today denied the Insurance Council of Australia’s application to appeal a judgment in the first test case on business interruption claim denials…

CBA sells general insurance business to Hollard

21 June 2021

Commonwealth Bank has agreed to sell its Australian general insurance business to Hollard in a deal involving an upfront payment of $625 million...

Ardonagh acquires local underwriting agency in global deal

27 May 2021

The UK’s Ardonagh Group has acquired Sydney-based underwriting agency Epsilon as part of a broader, globally significant deal announced today...

$10 billion cyclone reinsurance pool announced

04 May 2021

A cyclone reinsurance pool for northern Australia, backed by a $10 billion government guarantee, will be announced by Prime Minister Scott Morrison today...

Steadfast acquires majority stake in global broker group

19 April 2021

Steadfast has acquired a majority 60% stake in unisonSteadfast, a global network of independent insurance brokers based in Hamburg and Chicago...

IAG appoints top Australia, NZ executives

10 March 2021

IAG has appointed top executives for its Australian intermediated and direct businesses after last year announcing it was splitting the local division and introducing a new structure...

QBE names new Group CEO

03 March 2021

QBE has appointed Andrew Horton as its new permanent Group CEO, replacing interim chief Richard Pryce in September...