Income Insurance NZ is pleased to present the latest financial news headlines.
To read an entire news item, simply click on the headline.
News items on this page are prepared by our editorial team as summaries of publicly available news reports and
official announcements. See linked news sources where available. The following news items are for informational purposes only and are
not independent journalism.
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
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 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 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 more
The New South Wales Government has introduced the Fair Trading and Building Legislation Amendment Bill 2026, a legislative initiative designed to bolster consumer protections and elevate standards within the construction industry. - read more
The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.
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