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Marsh CEO: Competition, Benign Weather Hit Reinsurance Revenue
Doyle said in a conference call. Marsh sees a period of change and uncertainty worldwide, which Doyle said is structural rather than cyclical, requiring new strategies for ...
Source: BestWire   Date: October 15, 2026
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Insurance Australia Offers NRMA Renewal Rights to Save RACI Acquisition
Insurance Australia Group Ltd. offered to give up renewal rights to home and motor insurance policies in its NRMA subsidiary to satisfy the concerns of a competition regulator ...
Source: BestWire   Date: October 14, 2026
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Australian Competition Regulator Rejects Insurance Australia Bid for RACI
Chair Gina Cass-Gottlieb said in a statement. "If the acquisition were to proceed, we consider the level of constraint from other insurers would be unlikely to be sufficient to ...
Source: BestWire   Date: September 28, 2026
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Insurance Australia, Tokio Marine Settle Greensill Litigation With Credit Suisse
Insurance Australia Group Ltd. said its Insurance Australia Ltd. unit agreed to a A$2.8 billion ($1.96 billion) settlement of Greensill proceedings brought by Credit Suisse ...
Source: BestWire   Date: September 28, 2026
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New Zealand's Tower Finalizes 2027 Reinsurance Program
New Zealand-based Tower Ltd. said it has renewed its fiscal 2027 reinsurance program, giving the insurer a higher catastrophe limit and increased coverage for a third catastrophe ...
Source: BestWire   Date: September 21, 2026
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IAG: Any Greensill Deal With Credit Suisse Won't Have Material Impact
Insurance Australia Group Ltd. declined to comment on media reports about a purported settlement with Credit Suisse entities in connection with Greensill Bank, but added any ...
Source: BestWire   Date: September 21, 2026
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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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