insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auMarket responds as Japanese giant ‘eyes bid for Suncorp’https://www.insurancenews.com.au/daily/market-responds-as-japanese-giant-eyes-bid-for-suncorphttps://www.insurancenews.com.au/daily/market-responds-as-japanese-giant-eyes-bid-for-suncorp<p>Suncorp shares surged almost 8% today as investors appeared to react to a media report saying Tokio Marine may be lining up a bid for the Queensland-based insurer...</p>Tue, 25 Aug 2026 06:31:21 GMTAUB chief tells insurers to be rational on pricinghttps://www.insurancenews.com.au/daily/aub-chief-tells-insurers-to-be-rational-on-pricinghttps://www.insurancenews.com.au/daily/aub-chief-tells-insurers-to-be-rational-on-pricing<p>AUB Group CEO Mike Emmett has urged insurers to maintain pricing discipline after the company reported underlying net profit last year rose 12.2% to $224.6 million amid challenging market conditions...</p>Tue, 25 Aug 2026 06:21:09 GMTBrokers talk rural risk as peak body focuses on regionshttps://www.insurancenews.com.au/daily/brokers-talk-rural-risk-as-peak-body-focuses-on-regionshttps://www.insurancenews.com.au/daily/brokers-talk-rural-risk-as-peak-body-focuses-on-regions<p>An Agriculture and Rural Risk Forum will be held in Orange next month as part of a broader regional push by the National Insurance Brokers Association...</p>Tue, 25 Aug 2026 06:20:32 GMTOf course it’s a buggy, but off course it’s not coveredhttps://www.insurancenews.com.au/daily/of-course-it-s-a-buggy-but-off-course-it-s-not-coveredhttps://www.insurancenews.com.au/daily/of-course-it-s-a-buggy-but-off-course-it-s-not-covered<p>A utility terrain vehicle owner has been denied a theft claim payout even though his contents policy stated it covered &ldquo;a golf cart or buggy&rdquo;...</p>Tue, 25 Aug 2026 06:19:56 GMTMove to reform ‘essential’ last resort compo schemehttps://www.insurancenews.com.au/regulatory-government/move-to-reform-essential-last-resort-compo-schemehttps://www.insurancenews.com.au/regulatory-government/move-to-reform-essential-last-resort-compo-scheme<p>The Compensation Scheme of Last Resort &ldquo;remains an essential backstop&rdquo; for consumers, Financial Services Minister Daniel Mulino says, as the federal government moves to fix the under-pressure program...</p>Mon, 24 Aug 2026 04:42:24 GMTNZ regulator flags oversight failings in add-on cover saleshttps://www.insurancenews.com.au/regulatory-government/nz-regulator-flags-oversight-failings-in-add-on-cover-saleshttps://www.insurancenews.com.au/regulatory-government/nz-regulator-flags-oversight-failings-in-add-on-cover-sales<p>A regulatory review of add-on insurance in New Zealand has found shortcomings that disadvantage consumers, singling out oversight of distribution partners as a pressing area of concern...</p>Mon, 24 Aug 2026 04:42:17 GMTWatchdog accuses Subaru of repairer competition breacheshttps://www.insurancenews.com.au/regulatory-government/watchdog-accuses-subaru-of-repairer-competition-breacheshttps://www.insurancenews.com.au/regulatory-government/watchdog-accuses-subaru-of-repairer-competition-breaches<p>The competition regulator has launched Federal Court proceedings against Subaru Australia over alleged breaches of the Motor Vehicle Service and Repair Information Sharing Scheme...</p>Mon, 24 Aug 2026 04:42:08 GMTSubmissions open for NSW lawyers’ PI inquiryhttps://www.insurancenews.com.au/regulatory-government/submissions-open-for-nsw-lawyers-pi-inquiryhttps://www.insurancenews.com.au/regulatory-government/submissions-open-for-nsw-lawyers-pi-inquiry<p>The NSW parliamentary inquiry into solicitors&rsquo; professional indemnity insurance is calling for submissions by September 15...</p>Mon, 24 Aug 2026 04:41:57 GMTACCC clamps down on ‘false’ fire extinguisher marketinghttps://www.insurancenews.com.au/regulatory-government/accc-clamps-down-on-false-fire-extinguisher-marketinghttps://www.insurancenews.com.au/regulatory-government/accc-clamps-down-on-false-fire-extinguisher-marketing<p>The consumer watchdog will maintain surveillance of lithium battery fire extinguisher suppliers after discovering some have made potentially false or misleading representations about safety compliance...</p>Mon, 24 Aug 2026 04:41:36 GMTQBE names farm leaderhttps://www.insurancenews.com.au/the-professional/qbe-names-farm-leaderhttps://www.insurancenews.com.au/the-professional/qbe-names-farm-leader<p>Tim Trandafilu has been appointed head of farm at QBE...</p>Mon, 24 Aug 2026 04:40:53 GMTPen makes underwriting, strategy appointmentshttps://www.insurancenews.com.au/the-professional/pen-makes-underwriting-strategy-appointmentshttps://www.insurancenews.com.au/the-professional/pen-makes-underwriting-strategy-appointments<p>Pen Underwriting has named Paul Behm head of underwriting and appointed Ev Synnott to the newly created role of head of operational strategy and transformation...</p>Mon, 24 Aug 2026 04:40:18 GMTLast call for Suncorp NZ grad schemehttps://www.insurancenews.com.au/the-professional/last-call-for-suncorp-nz-grad-schemehttps://www.insurancenews.com.au/the-professional/last-call-for-suncorp-nz-grad-scheme<p>Applications are open for Suncorp New Zealand&rsquo;s 2027 graduate program, but interested applicants should move swiftly...</p>Mon, 24 Aug 2026 04:40:07 GMTMills Oakley adds insurance expertshttps://www.insurancenews.com.au/the-professional/mills-oakley-adds-insurance-expertshttps://www.insurancenews.com.au/the-professional/mills-oakley-adds-insurance-experts<p>Law firm Mills Oakley has strengthened its insurance team with the recruitment of partners Matt Huckerby, Holly Ulmer and Lucy Munro, and consultant Mark Brothers...</p>Mon, 24 Aug 2026 04:40:00 GMTMarine forum examines sailor welfarehttps://www.insurancenews.com.au/the-professional/marine-forum-examines-sailor-welfarehttps://www.insurancenews.com.au/the-professional/marine-forum-examines-sailor-welfare<p>The Melbourne Marine Insurance Forum will discuss seafarer welfare as a seaworthiness risk rather than an HR issue when it meets next month...</p>Mon, 24 Aug 2026 04:39:46 GMTGB marks 20 years comforting kidshttps://www.insurancenews.com.au/the-professional/gb-marks-20-years-comforting-kidshttps://www.insurancenews.com.au/the-professional/gb-marks-20-years-comforting-kids<p>Gallagher Bassett has produced a limited-edition teddy bear to commemorate 20 years supporting traumatised children...</p>Mon, 24 Aug 2026 04:39:36 GMTShareholders to decide as Steadfast backs $7.7b takeoverhttps://www.insurancenews.com.au/corporate/shareholders-to-decide-as-steadfast-backs-7-7b-takeoverhttps://www.insurancenews.com.au/corporate/shareholders-to-decide-as-steadfast-backs-7-7b-takeover<p>Steadfast&rsquo;s board is recommending shareholders back a $7.7 billion private equity bid after the offer for Australia&rsquo;s largest broking company was confirmed on Friday...</p>Mon, 24 Aug 2026 04:39:20 GMTBoutique AR network opens doorshttps://www.insurancenews.com.au/corporate/boutique-ar-network-opens-doorshttps://www.insurancenews.com.au/corporate/boutique-ar-network-opens-doors<p>Key Insurance Partners, founded and led by Keith Riddle, has launched as a boutique authorised representative network...</p>Mon, 24 Aug 2026 04:38:54 GMTTop 20 AR networks report examines key issueshttps://www.insurancenews.com.au/analysis/top-20-ar-networks-report-examines-key-issueshttps://www.insurancenews.com.au/analysis/top-20-ar-networks-report-examines-key-issues<p>Australia&rsquo;s authorised representative sector is growing &ndash; and changing &ndash; fast, and in recognition of its increasing influence, Insurance News has published a 40-page special report...</p>Mon, 24 Aug 2026 04:38:15 GMT‘Big step’: Mulino moves on new class of adviserhttps://www.insurancenews.com.au/life-insurance/big-step-mulino-moves-on-new-class-of-adviserhttps://www.insurancenews.com.au/life-insurance/big-step-mulino-moves-on-new-class-of-adviser<p>A new class of life adviser will be created under the federal government&rsquo;s Delivering Better Financial Outcomes reform...</p>Mon, 24 Aug 2026 04:38:05 GMTZurich upbeat after sealing deal on ClearViewhttps://www.insurancenews.com.au/life-insurance/zurich-upbeat-after-sealing-deal-on-clear-viewhttps://www.insurancenews.com.au/life-insurance/zurich-upbeat-after-sealing-deal-on-clear-view<p>Zurich says finalising its acquisition of ClearView Wealth is an &ldquo;exciting moment&rdquo; for the insurer...</p>Mon, 24 Aug 2026 04:37:57 GMT