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Life Insurance Articles
Insurance News
ACCC Intensifies Review of IAG's Proposed RAC Insurance Acquisition
05 May 2026: Paige Estritori
The Australian Competition and Consumer Commission (ACCC) has escalated its scrutiny of Insurance Australia Group's (IAG) proposed acquisition of RAC Insurance, moving the process to a Phase 2 review. This decision reflects concerns that the merger could significantly reduce competition within Western Australia's insurance sector. - read more
ACCC Evaluates Swiss Re's Acquisition of QBE's Trade Credit & Surety Business
05 May 2026: Paige Estritori
Swiss Re International SE's proposal to acquire specific assets from QBE Insurance Holdings, particularly its Trade Credit & Surety business, is currently under review by the Australian Competition and Consumer Commission (ACCC). This evaluation aims to determine the acquisition's potential effects on competition within Australia's insurance sector. - read more
Suncorp Demonstrates Resilience Amid Escalating Natural Hazard Expenses
05 May 2026: Paige Estritori
Suncorp Group has reported a substantial increase in natural hazard costs for the first half of the 2026 financial year, with expenses rising to AU$1.319 billion from AU$503 million in the corresponding period of the previous year. Despite this significant escalation, the company maintains a strong capital position and a resilient underlying business. - read more
Mirabelle Unveils Lloyd's-Backed Insurance for Renewable Energy Projects
05 May 2026: Paige Estritori
Mirabelle Underwriting has recently introduced a new insurance product specifically designed for renewable energy operations in Australia. This initiative is backed by Lloyd's capacity, ensuring robust support for the burgeoning green energy sector. - read moreStart Here !
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Knowledgebase
Insurance:
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of potential financial loss.
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of potential financial loss.