nib Group sells World Nomads for $67.5M
nib Group (ASX:NHF) announced a binding agreement to sell its international travel insurance brand, World Nomads, to International Medical Group.
nib Group (ASX:NHF) announced a binding agreement to sell its international travel insurance brand, World Nomads, to International Medical Group.
Insurance Australia Group (ASX:IAG) reported a net profit after tax of $505 million in H1 FY26, a decrease from the $778 million a year earlier.
AUB Group (ASX:AUB) has completed a $400 million institutional placement, drawing significant demand from both existing shareholders and new investors.
Insurance broker AUB Group (ASX:AUB) will acquire UK insurance broker and underwriting platform PIHL Holdings (Prestige) for $432 million.
Macquarie Health, one of Australia's largest privately owned hospital groups, is preparing to terminate contracts with dozens of private health insurers.
Global insurance powerhouse Gallagher has signed a multi-year agreement to become the new Principal Partner for the ACT Brumbies.
Superannuation giant Aware Super is set to invest US$300 million to acquire a minority stake in the Asia-Pacific arm of US-based Vantage Data Center.
Federal Resources Minister and Labor MP for Brand, Madeleine King, has raised concerns over the potential sale of RAC Insurance to east coast giant Insurance Australia Group (ASX:IAG), warning it could undermine vital local services for West Australians.
NobleOak Life (ASX:NOL) has provided an update on the potential impact of Victorian stamp duty reforms, following its April 3, 2025 announcement and disclosures in its FY25 financial accounts.
Suncorp (ASX:SUN) has provided an update on the initial impacts of Ex-Tropical Cyclone Koji and bushfires in Victoria ahead of its H1 FY26 results on Feb. 18.
Security-as-a-Service provider Scout Security (ASX:SCT) has signed a master services agreement and statement of work with global insurance technology company Bolt Solutions.
Insurance Australia Group (ASX:IAG) has fully integrated RACQ Insurance into its core reinsurance arrangements.