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ACCC Blocks IAG’s RAC WA Insurance Buy Over Competition Fears
9:11am on Thursday 11th of December, 2025 AEDT
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Insurance
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ACCC Blocks IAG’s RAC WA Insurance Buy Over Competition Fears
9:11am on Thursday 11th of December, 2025 AEDT
Key Points
ACCC opposes IAG’s acquisition of RAC Insurance Pty Limited
Concerns over reduced competition in WA motor and home insurance markets
IAG would control 55-65% motor and 50-60% home insurance market share post-acquisition
RAC Insurance remains a strong competitor able to manage industry challenges
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