insuranceNEWS.com.au - Corporate

Novum deal paves way for ‘orderly’ expansion

Mon, 01 Sep 2025 04:38:11 GMT

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...

‘A great privilege’: long-serving Steadfast chair to depart

Mon, 01 Sep 2025 04:37:42 GMT

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

Mon, 01 Sep 2025 04:37:30 GMT

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

Mon, 01 Sep 2025 04:37:20 GMT

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

Mon, 01 Sep 2025 04:37:02 GMT

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

Mon, 01 Sep 2025 04:36:44 GMT

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

Mon, 01 Sep 2025 04:36:42 GMT

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

Mon, 01 Sep 2025 04:36:25 GMT

Liberty Specialty Markets has introduced a company insolvency extension to its Australian directors’ and officers’ liability policies...

RAC deal decision due next week

Mon, 25 Aug 2025 04:12:23 GMT

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

Mon, 25 Aug 2025 04:12:14 GMT

Commercial finance provider Dynamoney has recruited Wells Fargo executive Brett Thomas to be its new CEO...

HDI Global ‘shows resilience’ in Australia

Mon, 25 Aug 2025 04:12:06 GMT

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

Mon, 25 Aug 2025 04:11:55 GMT

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’

Mon, 18 Aug 2025 04:36:33 GMT

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

Mon, 18 Aug 2025 04:36:24 GMT

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

Mon, 18 Aug 2025 04:36:13 GMT

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

Mon, 18 Aug 2025 04:36:01 GMT

Suncorp New Zealand says David Flacks will retire as chair after more than six years in the position...

QBE earnings rise after portfolio revamp

Mon, 11 Aug 2025 04:30:29 GMT

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

Mon, 11 Aug 2025 04:30:12 GMT

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

Mon, 11 Aug 2025 04:29:52 GMT

Motor, landlord and home and contents insurance sold under the brand of retailer Kogan Australia is now underwritten by Allianz...

Assetinsure names new CEO

Mon, 11 Aug 2025 04:29:37 GMT

Specialist insurer Assetinsure says Julie Osborne has been appointed CEO, taking over from Martin McConnell...