Insurance Australia Group’s IAG fiscal 2023 net profit of AUD 832 million was a material turnaround from AUD 347 million last year but was largely as expected. Adjusted for unusual items, ...

Australia’s three largest independent insurance broker networks, Steadfast, AUB Group AUB, and PSI Insurance have all guided to continued profit growth in fiscal 2024. Steadfast reaffirmed its outlook ...

(Reuters) - Australian insurance companies fell sharply on Monday after opposition leader Peter Dutton threatened to break them up, accusing them of exploiting customers, as the country prepares for ...

Nov 27 (Reuters) - QBE Insurance Group's shares (QBE.AX), opens new tab sank to a seven-month low on Thursday, after Australia's largest insurer by market value signalled a softer premium rate growth ...

Australian insurance broker AUB Group said on Monday it would buy London-based Lloyd's wholesale insurer broker Tysers for A$880 million ($620.5 million) to expand the range of its products. Adds ...

Post-pandemic business changes continued to impact the life insurance market's profitability. The Australian insurance market saw significant improvement in the first half of 2024, with increased ...

The Australian Competition and Consumer Commission (ACCC) has opposed the proposed sale of RAC WA's insurance arm to Insurance Australia Group (IAG). Following an investigation, the ACCC found the ...

Across the world, life insurance is considered an essential part of financial planning. However, we have all heard stories of an insurance provider not fulfilling their responsibilities due to a fine ...

SYDNEY, Dec 12 (Reuters) - Australia's MLC Life Insurance plans to push into the group life insurance market and make its pricing more competitive now that it is more independent from shareholder ...

Australia’s Lloyd’s Development Group Study Tour could quietly become a very strategic response to the industry’s talent ...