Latest Insurance Claims News

HITIQ Limited and Sportscover have forged an exclusive partnership to embed PROTEQT™, a cutting-edge concussion management system, into Sportscover’s sports insurance policies, starting with Hockey Australia and set to expand further.

Cleo Diagnostics has identified a significantly larger U.S. patient population for its pre-surgical ovarian cancer test, expanding its commercial opportunity ahead of next year’s market entry.

Livium Ltd has completed its strategic pivot to focus on recycling clean energy waste, reporting solid Q1 FY26 results and securing a significant capital raise to fuel expansion into battery, solar panel, and rare-earth element recycling.

Foresta Group Holdings finalises a $4.6 million insurance settlement and progresses key contracts for its Kawerau Plant, reporting a solid cash position as it deepens forestry sector partnerships.

AMP has reached settlement agreements with several insurers over claims related to historical remediation programs, recovering approximately A$44 million to date while negotiations continue with others.

Foresta Group Holdings has finalized a $4.6 million insurance settlement related to 2021 asset damage at Apple Tree Creek, marking the close of a multi-year claim process.

Timah Resources Limited reported a 13% revenue decline in H1 2025, impacted by a significant flashover incident at its Biogas Power Plant that disrupted power exports and delayed operations.

Star Combo Pharma has reported a remarkable jump in profit for FY2025, driven by strong revenue growth and a settled insurance claim, while declaring its second dividend and planning production expansion.

Livium Ltd reports a significant A$6.6 million uplift in net assets driven by a reduction in fire claim provisions, recognition of a deferred tax asset, and equity accounting of its LieNA® joint venture with Mineral Resources.

Fletcher Building reported a $419 million net loss for FY25 on softer demand and legacy costs but halved its net debt to $999 million through strategic capital management and divestments.

Cleo Diagnostics has launched a health economic study in partnership with EntityRisk and Norstella to support the U.S. market entry of its Ovarian Cancer Pre-Surgical Test, aiming to refine reimbursement strategies and accelerate commercialisation.

Foresta Group Holdings secures a critical extension from New Zealand's Overseas Investment Office and partners with EECA to explore geothermal energy use, pushing forward its flagship Kawerau biomass project.