Australian primary insurance group IAG has renewed its main catastrophe reinsurance tower for 2026 at the same size as the ...
Australian insurer IAG has successfully placed its 2026 catastrophe reinsurance program, integrating RACQ Insurance (RACQI) ...
The announcement said RACQI’s business has been integrated into the multi-year aggregate stop-loss protection originally ...
Insurance Australia Group Limited ( ($AU:IAG) ) has provided an update. Insurance Australia Group Limited has integrated newly acquired RACQ ...
The 120-year-old motoring club has threatened to abandon their loss-making Compulsory Third Party operation after attracting too many riskier drivers and older vehicles under the scheme, which ­covers ...
RACQ has shopped the business around to other potential buyers including to South African insurers Auto & General and Hollard but Sydney-based IAG has emerged as the favoured buyer last year. IAG ...
That deal never eventuated but, according to Hunter Green IB analyst Mark Tomlins, it may be keen to have another look. IAG already has experience running the insurance operations for motoring clubs, ...
RACQ is planning to exit the loss-making compulsory third party (CTP) insurance business potentially leaving more than a million motorists in the lurch as it faces growing financial trouble. The ...