Novum deal paves way for ‘orderly’ expansion
01 September 2025
Steadfast says buying a majority stake in Novum Underwriting Partners is a key step in building global operations following key transactions in the US and London in the past two years...
Corporate
‘A great privilege’: long-serving Steadfast chair to depart
01 September 2025
Steadfast chair Frank O’Halloran will retire at the end of next month after leading the board for 13 years...
IAG completes RACQ Insurance deal
01 September 2025
IAG today announced the completion of its $855 million acquisition of RACQ’s insurance underwriting business, and the start of a long-term distribution arrangement...
AUB confident after strong start to year
01 September 2025
AUB says this financial year has started well and a “range of levers” will ensure the group is well placed to deliver stronger earnings...
Court backs IAG intermediated business move
01 September 2025
IAG’s move to transfer its intermediated business to subsidiary CGU Australia was approved this morning by the Federal Court...
Thousands of SMEs offered QBE portal link, discount
01 September 2025
More than 30,000 small business owners will see a link to QBE’s portal on the website of financial administration platform Thriday under a new three-year referral agreement...
Solvd chief leaves for South Africa job
01 September 2025
Drew Schnehage has resigned as Solvd Group Australia CEO and taken a role as director of global business development at Insure Connect Services...
Liberty adds D&O insolvency option
01 September 2025
Liberty Specialty Markets has introduced a company insolvency extension to its Australian directors’ and officers’ liability policies...
RAC deal decision due next week
25 August 2025
Competition review findings on IAG’s proposed $1.35 billion takeover of RAC’s underwriting operations are again scheduled for release on September 4...
Premium funder appoints CEO
25 August 2025
Commercial finance provider Dynamoney has recruited Wells Fargo executive Brett Thomas to be its new CEO...
HDI Global ‘shows resilience’ in Australia
25 August 2025
Australia has made a positive contribution to HDI Global’s half-year result and is well placed for further growth, the corporate and specialty insurer says
AMA Group results improve as changes continue
25 August 2025
Crash repairer AMA Group says its Capital Smart business performed ahead of expectations last financial year, while another key division is midway through an improvement program...
Suncorp banks on brand ‘firepower’
18 August 2025
Suncorp says its multi-brand strategy remains key after starting this financial year as a pureplay general insurer following the sale of its bank and life operations...
IAG remains upbeat on RACQ performance
18 August 2025
IAG is as confident now about the contribution RACQ’s insurance business will make as when the deal was announced nine months ago, CEO Nick Hawkins says...
Purple patch: strata underwriter Flex shakes up branding
18 August 2025
Strata underwriting agency Flex has introduced a new logo and refreshed its brand identity, while parent CHU has made an addition to its community association insurance...
Insurer’s NZ chair to step down
18 August 2025
Suncorp New Zealand says David Flacks will retire as chair after more than six years in the position...
QBE earnings rise after portfolio revamp
11 August 2025
QBE’s work to achieve a “better balance” in property catastrophe exposures across its global portfolio is delivering improvements, group CEO Andrew Horton says...
Allianz operating profit nudges up
11 August 2025
Allianz’s Australian property and casualty business made an operating profit of €167 million ($298 million) in the second quarter, up marginally from €166 million ($296 million) a year earlier...
Online retailer Kogan switches underwriters
11 August 2025
Motor, landlord and home and contents insurance sold under the brand of retailer Kogan Australia is now underwritten by Allianz...
Assetinsure names new CEO
11 August 2025
Specialist insurer Assetinsure says Julie Osborne has been appointed CEO, taking over from Martin McConnell...