Company: IAG Page 1 / 6
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- October 11 2026
Australia’s competition tribunal halts IAG-RACI appeal pending ACCC public benefit ruling
IAG and RACWA plan to file the public benefit application with the competition watchdog before Wednesday.
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- October 8 2026
IAG, RAC seek tribunal review of ACCC’s US$940m deal block
Companies have lodged separate filings with the Australian Competition Tribunal to overturn regulator’s decision.
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- October 6 2026
El Nino changes risk conversation as Australian insurers scrutinise bushfire, flood exposure
Industry sources say pricing and reinsurance are set with a longer-term view, with catastrophe models and scenario testing informing risk assessment rather than adjustments to individual climate cycles.
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- September 28 2026
Tokio Marine settles Credit Suisse Greensill suit after IAG deal
Japanese insurer did not disclose settlement terms, but says the deal would not materially impact FY26 results.
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- September 25 2026
IAG reaches settlement with Credit Suisse over Greensill Capital collapse
Financial terms were not disclosed, although the aggregate value of the claims by Credit Suisse, which is now part of UBS, was US$2bn plus interest.
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- September 23 2026
IAG to seek public benefits approval after competition watchdog halts RAC Insurance acquisition
Australian Competition and Consumer Commission says the deal would likely substantially lessen competition in the supply of motor, home and contents insurance in Western Australia, while IAG says it would create long-term benefits for members, customers and communities.
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- September 21 2026
IAG denies Greensill settlement with Credit Suisse
Australian insurer says it has yet to reach a settlement in the multi‑billion‑dollar lawsuit, responding to an Australian Financial Review report that parties had struck an out‑of‑court deal.
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- August 25 2026
Tokio Marine identifies Suncorp as preferred takeover target: report
The Japanese insurance group is understood to have reviewed other potential options, including IAG and Canada’s Intact Financial.
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- August 13 2026
IAG shrugs off Greensill litigation settlement with ‘quality result’, but US$2bn claims still loom
CEO Nick Hawkins signals settlement talks before September's mega trial of the remaining claims.
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- August 13 2026
Higher claims costs drag IAG’s FY26 earnings down 25%
IAG paid out AU$12.4bn in claims in FY26, up from AU$10.2bn in FY25.
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- July 27 2026
Tokio Marine considering IAG, Suncorp in potential Australia deal: report
While declining to comment on 'market speculation' to InsuranceAsia News, Tokio Marine is reportedly motivated to 'put excess capital to work', having previously identified Australia as a priority growth market.
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- July 23 2026
Australia motor body calls out IAG’s ‘fig leaf’ remedy, urges ACCC to block RAC acquisition
IAG made a remedy offer in July to secure approval for its US$970m acquisition of the Royal Automobile Club of Western Australia’s insurance business.
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- July 10 2026
IAG makes remedy offer to ACCC to secure US$970m RAC deal approval
Acquisition is currently in a phase two investigation by the Australian Competition and Consumer Commission (ACCC) due to antitrust concerns.
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- June 30 2026
New Zealanders lose faith in climate risk management as insurance costs bite: poll
Over 60% of New Zealanders say the government should prioritise reducing climate risks to help bring down insurance costs.
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- June 11 2026
El Niño raises winter bushfire risk across Australia: IAG
While reporting its quietest start in over a decade for weather-related claims, the insurer warned that emerging dry conditions are elevating bushfire risk.
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- June 10 2026
IAG warns New Zealand’s ‘piecemeal’ approach to natural hazards is unsustainable
Insurer has identified 42 gaps in the current nat cat resilience effort and proposed a 15-year roadmap to strengthen the country's risk reduction strategy.
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- May 29 2026
IAG settles US$2.8bn litigation with Greensill Bank administrators
InsuranceAsia News reported last week that Greensill Bank’s administrators were nearing a settlement with its insurers following court-sponsored mediation in March.
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- May 12 2026
IAG targets US$18bn GWP, 15% ROE in ambitious 2030 strategy
Australian insurer plans to serve more than 11 million customers, deliver high single-digit EPS growth and achieve top-quartile shareholder returns.
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- April 23 2026
IAG NZ reports over 800 claims from heavy rain, flash flooding in Wellington
Cyclone Vaianu, which occurred less than a week before the new events, also resulted in more than 1,000 claims across home, contents, commercial, motor and boat policies
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- April 21 2026
New Zealand hit by storm every 8 days as wild weather fuels 256% jump in claims: IAG
Storm frequency has more than doubled, with the increased frequency of events driving a surge in insurance claims.
