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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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 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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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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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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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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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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Citing Competition, Australian Group Opposes Second IAG Auto Insurance Acquisition
Insurance in South Australia. "If the IAG RAC Insurance deal is approved, three large member-based insurers will have disappeared in less than 12 months," the MTAA said. "This is ...
Source: BestWire   Date: September 22, 2025
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Australia's Competition Regulator Probes IAG-RAC Western Australia Proposal
Insurance Australia Group Ltd.'s proposed acquisition of RAC Insurance Pty Ltd. from the Royal Automobile Club of Western Australia Inc. The competition regulator released a ...
Source: BestWire   Date: September 4, 2025
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Insurance Australia Closes on $556.4 Million RACQ Acquisition
Hawkins said earlier (BestWire, Aug. 13, 2025). "When completed, the combination of these strategic alliances is expected to add around A$3 billion in GWP, increase insurance ...
Source: BestWire   Date: September 2, 2025
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Australia's IAG Boosts Fiscal 2025 Profit on Growth, Lower Catastrophe Losses
Insurance Australia Group Ltd. boosted its fiscal 2025 profit on a number of factors, including higher premiums and investment results, lower catastrophe losses and a reserve ...
Source: BestWire   Date: August 13, 2025
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IAG Upgrades Fiscal-Year Guidance on Lower Catastrophe Losses
Insurance Australia Group Ltd. upgraded its fiscal-year 2025 guidance as estimated natural perils costs are estimated to be A$1.08 billion ($710 million), about A$200 million lower ...
Source: BestWire   Date: July 2, 2025
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Allianz Australia Gains Competition Commission OK to Acquire RAAI
South Australia, the ACCC said. "Our investigation focused on the closeness of competition between RAAI and Allianz and the extent to which other insurers are competing effectively ...
Source: BestWire   Date: June 13, 2025
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Insurance Australia Acquires RAC Business in $870 Million Strategic Alliance
Insurance Australia Group Ltd. entered a strategic alliance with the Royal Automobile Club of Western Australia that would have IAG acquire the RAC insurance business in a deal ...
Source: BestWire   Date: May 15, 2025
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