Australia Insurance

Suncorp (ASX:SUN) clarified that it is not in discussions regarding a takeover after responding to an official price query from the ASX.

The Royal Automobile Club of Western Australia delivered a record $288.2 million net surplus for the 2026 financial year.

Insurance Australia Group (ASX:IAG) subsidiary Insurance Australia reached a confidential settlement in Federal Court proceedings brought by Credit Suisse entities.

QBE Insurance Group (ASX:QBE) announced the appointment of Jonathan Groves as CEO for Australia Pacific, effective Nov. 1.

Tower (ASX:TWR) completed the renewal of its reinsurance programme for the financial year ending Sept. 30, 2027.

Praemium (ASX:PPS) reported a 14.5% increase in underlying EBITDA to $32.1 million for the financial year ended June 30.

Steadfast Group (ASX:SDF) reported a full-year statutory net profit after tax of $269.1 million for FY26.

AUB Group (ASX:AUB) achieved an underlying net profit after tax of $224.6 million for FY26.

Health insurer Nib (ASX:NHF) reported a 9.1% increase in underlying operating profit to $260.9 million.

Medibank Private (ASX:MPL) reported an underlying net profit of $636.8 million for the 2026 financial year. EPS came to 23.1 cents.

Steadfast Group (ASX:SDF) extended its exclusivity period to Aug. 21 while negotiating a proposed $7.7 billion cash takeover by a consortium.

QBE Insurance Group (ASX:QBE) increased its half-year net profit after income tax to US$1.03 billion.