Latest Insurance News

Income Asset Management has uncovered suspected fraudulent transfers linked to a minority sub-custodian, confirming no client assets were compromised. The company is investigating further and will update the market soon.

Challenger Limited has announced the Dividend Reinvestment Plan (DRP) issue price for its final 2025 dividend at $8.3615 per share, with a modest 2% participation rate leading to the issuance of approximately 266,000 new shares.

Advanced Health Intelligence has appointed Dylan Garnett as its new CEO, signaling a strategic pivot towards commercialisation and revenue growth. Garnett’s extensive background in healthcare, insurance, and digital health positions AHI for its next growth phase.

Insurance Australia Group Limited announces a quarterly ordinary dividend of AUD 1.443 per Capital Note 3, payable mid-December 2025, with a partly franked distribution rate of 5.79% per annum.

Insurance Australia Group Limited has declared a quarterly distribution of AUD 1.5069 per Capital Note, reflecting a 6.04% annualised yield, payable mid-December 2025.

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.

AMP has reached an agreement in principle to settle a long-running class action over fees and interest rates on certain superannuation funds, agreeing to pay $120 million subject to court approval.

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.

Tower Limited has raised its full-year profit guidance significantly, driven by lower-than-expected large event costs, even as it moderates its premium growth outlook.

InFocus Group Holdings has locked in up to AUD 1.7 million in potential revenues through new contracts in healthcare and logistics, underpinning its operational expansion in Southeast Asia.

Stakk Limited has renewed its key contract with New York fintech Current Financial, locking in $280,000 in annual recurring revenue and reinforcing its foothold in the US embedded finance market.

QBE Insurance Group has updated its dividend announcement, confirming a 31-cent ordinary dividend for the first half of 2025 alongside detailed pricing for its Dividend Reinvestment and Bonus Share Plans.