Latest Insurance News

Brambles has faced a mixed Federal Court ruling in a class action over its FY17 profit guidance, with some claims upheld and others dismissed. The financial impact remains uncertain as the company reviews the judgment and potential appeals.

Pacific Edge reported a 2.7% increase in test volumes for Q4 2026 despite operational challenges, supported by growing momentum toward Medicare coverage and expanded commercial payer adoption in the US and Asia Pacific.

QBE Insurance Group Limited has updated its dividend announcement to specify the pricing for its Dividend Reinvestment Plan and Bonus Share Plan, confirming an ordinary dividend of AUD 0.78 per share for the six months ending December 2025.

Vitura Health has appointed Justin James as its new CEO, bringing a wealth of healthcare leadership and a proven track record in specialty therapies to accelerate the company’s transformation.

Vection Technologies has formalised its acquisition of Australian digital transformation firm DXLabs, adding immediate revenue and expanding its footprint across the APAC region.

Aroa Biosurgery has completed its Symphony randomised controlled trial, demonstrating improved healing rates for diabetic foot ulcers compared to standard care. The preliminary results pave the way for clinical adoption and potential US reimbursement.

FINEOS Corporation reports robust FY25 financial performance, driven by subscription revenue growth and embedded AI innovations, setting a confident outlook through FY27.

Challenger Limited’s attempt to acquire Pepper Money has been declined by Pepper’s board, while Challenger moves forward with a $150 million share buy-back program.

Turners Automotive Group has unveiled an ambitious roadmap aiming for $100 million net profit before tax by FY31, driven by organic growth and strategic network expansion across its integrated used car platform.

Sequoia Financial Group has agreed to sell its financial planning arm InterPrac to Conquest Investment Partners for $50,000, following a strategic review that exposed significant challenges and asset write-downs.

Insurance Australia Group Limited (IAG) has announced a quarterly distribution of AUD 1.6605 per Capital Note 3 security, maintaining a steady income stream for investors with a partly franked dividend.

Ovanti Limited launches its One Financial Superapp powered by Isentric, combining instant payments, DeFi yields, BNPL, and AI financial advisory in a unified platform targeting underbanked markets.