Company: IAG Page 1 / 5
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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.
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- April 17 2026
IAG’s RACI acquisition moves to phase two ACCC investigation
Australian Competition and Consumer Commission (ACCC) says acquisition could 'substantially lessen' competition within Western Australia’s home and motor insurance market.
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- March 5 2026
Australia’s competition watchdog reopens review of IAG-RAC deal
Australian Competition and Consumer Commission begins a new assessment after the insurer reapplied under updated merger laws.
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- February 23 2026
IAG’s Amanda Whiting takes on new group role
Whiting has returned to Australia after four years as CEO of IAG New Zealand.
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- February 12 2026
IAG’s net profit falls 35% in H1 following Queensland hailstorms
IAG's underlying underwriting results remained resilient across the first half of FY26, despite losses from the hailstorms in Queensland.
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- January 22 2026
Record-breaking rain cause landslides, flooding on New Zealand’s North Island
States of emergency declared in Northland, Hauraki, Bay of Plenty, and Thames-Coromandel as a low-pressure front continues to bring heavy rains.
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- January 20 2026
Insurers brace for further claims after heavy rainfall in New Zealand’s North Island
An orange heavy rain warning remains in force in Northland with a month’s worth of rain predicted to fall in 2-3 days.
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- January 6 2026
IAG integrates RACQI into cat reinsurance program
RACQI is now covered by IAG's main catastrophe cover, whole of account quota share (WAQS) arrangements, and aggregate stop-loss protection.
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- December 11 2025
ACCC opposes IAG’s deal for RAC Insurance
Australia's antitrust regulator says the deal would undermine competition in Western Australia in home and motor insurance, but the insurer intends to contest the decision.
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- December 5 2025
IAG hires Phillip Gibson as CEO of New Zealand
Former Aviva Canada executive will join IAG New Zealand in March, replacing Amanda Whiting.
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- November 10 2025
IAG receives over 10,000 claims from significant weather events across Queensland, NSW, Victoria
Majority relate to motor and property hail damage, with over half from customers of RACQ Insurance, which IAG acquired in September.
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- November 4 2025
IAG New Zealand CEO Amanda Whiting to step down
Whiting will continue to lead the New Zealand business until a successor is found.
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- October 30 2025
Southeast Queensland hailstorm claims top 10,000 as clean up continues
IAG and Suncorp are dealing with claims and significant costs after the event struck the Brisbane region on Sunday.
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- October 23 2025
IAG upgrades FY26 guidance following RACQ’s acquisition
The Australian insurer now expects GWP growth of approximately 10% in FY26, up from the original 'low-to-mid single digit' range.
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- October 6 2025
IAG New Zealand fined record US$11.4m for misleading customers
New Zealand's largest insurer admitted overcharging 269,000 customers US$20.4m, according to the Financial Markets Authority.