Latest Insurance News

NobleOak Life Limited has increased its stamp duty provision to $6.5 million following a dispute with the Victorian State Revenue Office over exemption eligibility, prompting pricing changes and ongoing regulatory engagement.

Scout Security has inked a pivotal deal with global insurtech leader Bolt to supply water sensor kits, marking its strategic entry into the US insurance technology sector and validating its recent acquisition of Roo Inc.

IAG has integrated RACQ Insurance into its core reinsurance programs, expanding catastrophe coverage and boosting downside protection through to 2029. This move aims to stabilise earnings and unlock synergies following RACQ’s acquisition.

Australian Agricultural Company faces significant disruption as north-west Queensland floods affect three key properties, with a potential material impact on its March 2026 earnings. The company is prioritising safety and monitoring evolving conditions closely.

Aeeris Ltd has received a $506,992.50 refundable R&D tax incentive for FY25, fueling advancements in its proprietary Australian Weather And Risk Environment (AWARE) system and AI-driven forecasting tools.

Adherium Limited has exceeded its 2025 shipment goals by delivering over 4,600 Hailie® Smartinhaler® devices, including more than 2,000 to Remote Patient Monitoring patients, signaling robust operational momentum.

Income Asset Management has secured a $2 million unsecured debt facility at 15% interest to strengthen liquidity during the quieter Christmas period while awaiting insurance claim outcomes related to a recent fraud event.

FlexiRoam has secured a strategic partnership with Generali Insurance Malaysia to deploy its AI-driven eSIM connectivity platform through WhatsApp, targeting the growing travel insurance market.

Scout Security outlines a bold transformation with the acquisition of Roo Inc., expansion into insuretech, and a pivot to AI-driven smart security solutions, positioning itself for accelerated growth and profitability.

nib holdings limited signals higher-than-expected non-recurring expenses in the first half of 2026, impacting statutory profit but leaving underlying performance steady.

Aspire Mining has secured a $69.9 million lump-sum EPC contract with China Coal Technology and Engineering Group’s international arm, significantly de-risking its Ovoot Coking Coal Project and targeting first coal production by late 2027.

FlexiRoam has launched Travel AI, the world’s first AI-powered eSIM agent integrated into WhatsApp, aiming to revolutionize how travellers and enterprises manage connectivity.