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Insurance Australia Group's Fiscal 2026 Profit Falls on Catastrophe Losses
Natural catastrophe losses dented Insurance Australia Group Ltd.'s fiscal 2026 net income as the group launched a strategic initiative through 2030. Fiscal 2026 net profit after ...
Source: BestWire   Date: August 13, 2026
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Natural Hazard Losses Dent Suncorp's Fiscal 2026 Profit
Suncorp said in its current earnings statement. This was partly offset by prior-year reserve releases across the commercial and personal Injury portfolios. Suncorp said working ...
Source: BestWire   Date: August 12, 2026
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Suncorp Exceeds Natural Hazard Budget; CEO Returns From Medical Leave
Suncorp said in a statement. Suncorp also said its fiscal 2026 results briefing will be held on Aug. 12. The group's outlook for fiscal 2026, which ended June 30, is for underlying ...
Source: BestWire   Date: July 6, 2026
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 2026 Best's Rankings: Largest Asia-Pacific Insurers – 2026 Edition
Ranked by 2024 gross premium written.
Source: Rankings   Date: June 12, 2026
Insurance Australia Settles Greensill Bank Claims Worth $2.86 Billion
Insurance Australia Group said its Insurance Australia Ltd. unit reached a settlement in proceedings with A$4 billion ($2.86 billion) in value brought by Greensill Bank AG and its ...
Source: BestWire   Date: May 29, 2026
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Insurance Australia Updates Strategy Ahead of RAC Acquisition
Insurance Australia Group Ltd. announced a refreshed strategy and long-term financial targets as part of an "Ambition 2030" plan launched at its Investor Day conference. Under ...
Source: BestWire   Date: May 12, 2026
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Suncorp Updates Outlook, Unveils Five-Year $1.72 Billion Reinsurance Cover
Suncorp said in a statement. The aggregate cover is an important component of Suncorp's reinsurance program, Jeremy Robson, acting chief executive officer, said in a statement. In ...
Source: BestWire   Date: April 24, 2026
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Australian Regulator Extends Probe Into IAG Acquisition of RACI
Insurance Australia Group Ltd.'s proposed acquisition of RAC Insurance, citing the regulator's concern the deal could lessen competition. The probe "requires an in-depth Phase 2 ...
Source: BestWire   Date: April 17, 2026
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Suncorp CEO Takes Temporary Medical Leave; CFO Appointed Acting Chief Executive
Telstra and the Queensland government, according to his bio. In February, higher natural catastrophe losses in Australia and lower investment returns led to sharply lower fiscal ...
Source: BestWire   Date: March 30, 2026
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Australian Catastrophes Weigh on Suncorp's Fiscal First-Half Result
Officer Steve Johnston said in a statement. Thunderstorms and widespread hailstorms hit the east coast of Australia, particularly southeast Queensland, through October and ...
Source: BestWire   Date: February 18, 2026
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Weather Losses in Newly Acquired Business Dent Insurance Australia Profit
Insurance Australia Group Ltd. posted lower fiscal first-half profit on weather losses in a recently acquired business before the unit was included in the group's reinsurance ...
Source: BestWire   Date: February 12, 2026
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ICA: Australia's Victoria Bushfire Claims Reach $140 Million
Victoria state, the Insurance Council of Australia said. The fires, burning through parts of Victoria since Jan. 7, generated 3,123 claims, the ICA said. The claims include ...
Source: BestWire   Date: January 28, 2026
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ICA Upgrades Australia's Victoria Bushfire Event to Insurance Catastrophe
The bushfires affected Victoria since Jan. 7, the ICA said at the time. The severe bushfire emergency included dozens of recorded fires, mainly in Victoria, which burned about ...
Source: BestWire   Date: January 16, 2026
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Suncorp Nears Fiscal Year Catastrophe Loss Budget With $890 Million in First Half
Australian insurer Suncorp Group Ltd. expects to take a fiscal first-half charge related to natural catastrophes as the group nears its budget limit following events that include ...
Source: BestWire   Date: January 12, 2026
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Insurance Australia Folds RACQ Insurance Into Reinsurance Program
Insurance Australia Group Ltd. said it integrated RACQ Insurance into its main catastrophe cover, whole of account quota share arrangements and aggregate stop-loss protection ...
Source: BestWire   Date: January 6, 2026
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Australian Competition Commission Opposes IAG Acquisition of RACI
Royal Automobile Club of Western Australia Inc. "Following a detailed investigation, the ACCC has concluded that the proposed acquisition would likely result in a substantial ...
Source: BestWire   Date: December 11, 2025
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Insurance Australia Group: Recent Storms Generate More Than 10,000 Claims
Insurance Australia Group Ltd.'s chief executive officer said the group received more than 10,000 claims from weather events since its annual general meeting on Oct. 23. The group ...
Source: BestWire   Date: November 11, 2025
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Insurance Australia Lifts Guidance With Closing of RACQI Acquisition
Inusurance Australia Group Ltd. upgraded its fiscal 2026 guidance after completing its acquisition of the Royal Automobile Club of Queensland's insurance business. IAG expects ...
Source: BestWire   Date: October 27, 2025
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ICA Chair and Suncorp CEO Calls for Buyouts of High-Risk Properties
New Zealand the tactic is called managed retreat. It may be unpalatable but needs to be "part of the solution," said Johnston. The ICA and members have made inroads in nationally ...
Source: BestWire   Date: October 9, 2025
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Australian Regulator Sues RACQ for Alleged Misleading Comparison Pricing
Deputy Chair Sarah Court in a statement. "During a cost-of-living crisis, we believe RACQ misled thousands of customers by including false comparison pricing in their renewal ...
Source: BestWire   Date: September 23, 2025
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