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Insurance Australia Group Ltd

 
1 through 20 of 34 matching documents, best matches first.   Sort by date

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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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 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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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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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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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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Regulator Cites IAG New Zealand for Fair Dealing Breaches
High Court in Auckland. IAG New Zealand identified and reported the issues to the FMA, "promptly acknowledged its wrongdoing and fully cooperated with the FMA's investigations," ...
Source: BestWire   Date: April 7, 2025
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Federal Court Fines Insurance Australia $26.6 Million for Customer Notification Failures
March 2014 and September 2019." The penalty is the largest ever imposed by the court against an insurer for breaches of the financial services consumer protection laws, the ...
Source: BestWire   Date: June 30, 2023
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Update: Australian Regulator: General Insurers Owe Customers $544.4 Million for Pricing Failures
(Adds comment from IAG and RACQ in paragraphs seven through 11) An Australian regulator cited ongoing pricing failures among general insurers as it urged the companies to repay ...
Source: BestWire   Date: June 26, 2023
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Australian Regulator Sues RACQ for Alleged Misleading Product Disclosure Statements
Sarah Court, ASIC deputy chairwoman, said in a statement. "The failure by insurers to deliver on pricing promises is a key priority for ASIC and we will continue to take ...
Source: BestWire   Date: February 24, 2023
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Tokio Marine Thailand to Merge With Safety Insurance
Insurance PCL as Tokio Marine Safety Insurance (Thailand) PCL. The process is expected to be completed in early 2020, subject to the Office of Insurance Commission's approval, ...
Source: BestWire   Date: June 6, 2019
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New Zealand Creates First Climate Change Risk Assessment Panel
James Shaw, the minister for climate change. The NCCRA "will provide a national overview of how climate change is likely to impact New Zealand and will identify where the gaps in ...
Source: BestWire   Date: April 18, 2019
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Berkshire Hathaway Launches Marine Underwriting in Australia, New Zealand
Berkshire Hathaway Specialty Insurance Co. said it has begun underwriting marine insurance in Australia and New Zealand, and appointed Dimitry Zilberud, head of marine, and Mark ...
Source: BestWire   Date: August 4, 2015
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Berkshire Hathaway Cleared for License in New Zealand; Expands Into Australia Health Care
Berkshire Hathaway Specialty Insurance Co. said it has received a license from the Reserve Bank of New Zealand to underwrite property/casualty insurance in its new office in ...
Source: BestWire   Date: June 30, 2015
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State Bank of India Pares Stake in Nonlife Joint Venture in Favor of Insurance Australia Group
Insurance Australia Group Ltd., in the wake of legal change allowing greater foreign investment in local insurance companies. "(We have) decided to initiate the necessary action as ...
Source: BestWire   Date: March 27, 2015
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IAG: Australia's Capital Rules Hinder Overseas Competition
Insurance Australia Group. "Australian regulators fail to consider the worldwide liberalization of trade and capital markets," he said. For insurers with operations in multiple ...
Source: BestWire   Date: April 8, 2013
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Australian Insurers Endorse Flood Insurance Standardization
...Rob Whelaner of the ICA, in a statement. The ICA first attempted to introduce a standard definition in 2008, but that was rejected on anti-competition grounds by the Australian ...
Source: BestWire   Date: June 21, 2012
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