Insurance

Could Greece scupper Medibank’s dividends?

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As uncertainty over Greece's future heightens, Medibank's exposure to equity markets could prove troublesome.

Berkshire Hathaway expands into NZ

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Warren Buffett's Berkshire Hathaway gains NZ insurance license, enters Aust health underwriting.

Suncorp Life CEO to depart

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Vero NZ head Gary Dransfield appointed interim chief executive of life insurance business.

IAG names Bryan deputy chairman

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IAG appoints Elizabeth Bryan to help guide new strategic relationship with Buffett's Berkshire.

The start of the revival of the life insurance industry

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Hopefully Josh Frydenberg's reforms are the first step in reviving the moribund life insurance sector and making it part of the nation's savings fabric.

Investors should brace for the Buffett effect

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Warren Buffett's foray into the ASX through his stake in IAG could have a significantly leveraged effect on the market.

Buffett hails IAG swoop

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Investment legend says his firm sought a higher stake in IAG but was rebuffed.

IAG's Berkshire deal will expand its horizons

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The deal struck between IAG and Berkshire Hathaway will give the local insurer more capital flexibility and hints at the US group's intentions in the Asia-Pacific region.

Warren Buffett's Berkshire strikes IAG deal

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Berkshire Hathaway takes stake in insurer through $500m share placement.

Greenstone mothballs $1.3bn float

Insurance distributor shelves $1.3bn IPO amid scepticism from prospective investors.

Greenstone hit by deal fatigue

Fund managers are tipping a repricing or scaling back of Greenstone's float next week.

Storm damage losses top $1.55bn

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Insurance Council says costs continue to rise from NSW, Qld storms in April and May.

Greenstone targets near-$1bn IPO

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Insurance company seeks to sell 398.6 million shares at a price range up to $2.50.

IAG urges Asia growth focus

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CEO Mike Wilkins sees growing appetite for Australian investment in the Asian region.

Genworth to sell part of local arm

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Genworth Financial, Brookfield Life Assurance to sell 92.3 million shares at $3.08 a share.

Pet insurer Greenstone prepares to list

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Company expected to have market value of $1.4bn to $1.6bn when it lists in June.

Broker sacked after winning top award

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Combined Insurance probe broadens; agent sacked after being named firm’s best broker: report.

ICA declares fifth 2015 catastrophe

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Insurance Council says insurers have received around 7,500 claims after heavy rain in SE Qld, northern NSW.

Buffett peppered by Berkshire shareholders

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Billionaire downbeat on reinsurance industry, which Berkshire has big stakes in.

Berkshire Hathaway profit jumps 20% in Q1

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Warren Buffett's Berkshire Hathaway tops forecasts on revenue lift in core divisions.

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