Insurance

Fee hikes crackdown on health insurers

Private health funds ordered to open their books, justify their bid to lift premiums.

AIG to sell broker-dealer network

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Insurance giant reveals broad restructure as pressure from Carl Icahn grows.

Suncorp margin hit by disasters

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Insurance giant warns $4bn run of natural hazards, lower Aust dollar to hit margin; shares dive 9.8%.

A deeper problem lurks beneath Suncorp's profit downgrade

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The combination of worsening weather and very low investment returns is making the business of insurance harder and harder.

IAG overhauls business

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Insurance group announces new structure, leadership team as changes continue to flow.

iSelect ends PEP talks

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Insurance comparison firm to move to 10% buyback after turning down private equity bid.

Insurers embrace carrot over stick

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Incentives for desirable behaviour are flooding the insurance industry thanks to new and improved ways of assessing and pricing risk.

Qantas offers insurance with NIB

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Airline teams up with health insurer NIB to launch its own branded insurance products.

Berkshire Hathaway profit soars

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Warren Buffett's conglomerate more than doubles its profit in third quarter.

Life insurance commissions to shrink

by AAP
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O'Dwyer strikes deal with life insurance industry to reduce upfront commissions.

Value Investor: The force driving Admiral's success

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The London-listed auto insurer has maintained remarkable profits over the past decade, and remains a stock to watch for shrewd investors.

Private health incentives needed: NIB

by AAP
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Insurer says Australians should receive tax breaks if they are made to set up savings accounts for healthcare bills.

NIB lifts earnings guidance

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Health insurer predicts stronger rise in full-year profit after better than expected first quarter.

AIG results short of forecasts

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Giant insurer fails to meet market expectations as it swings to a loss in Q3.

Westpac offers refunds on insurance

by AAP
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Westpac to offer 10,600 customers refunds for premiums paid for cover they did not need.

Icahn looks to shake up AIG

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Activist investor takes 'large stake' in insurer, urges firm to split in three.

Another executive leaves IAG

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Chief strategy officer joins management exodus from insurance company.

Medibank begins hunt for new chief

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The health insurer is looking to appoint a headhunter to kick off a four-month search for a new chief.

IAG may exit China

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Insurer may exit China despite retaining plans to explore offshore expansion.

Medibank customers feel premium pain

by AAP
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Customers continuing to downgrade or cancel health cover as it becomes less affordable.

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