Latest Life Insurance News

Suncorp Group has reported a robust $1.1 billion net profit for 1H25, buoyed by a benign natural hazard season and the sale of its banking arm. The insurer is set to return $4.1 billion to shareholders, marking a significant milestone in its strategic simplification.

Suncorp Group Limited reported a robust half-year result for 1H25, with net profit after tax nearly doubling to $1.1 billion, driven by the sale of Suncorp Bank and strong insurance operations. The company announced a substantial capital return and special dividend, underscoring its disciplined capital management.

Keybridge Capital Limited has appointed a voluntary administrator following a series of legal setbacks and an inability to raise crucial capital, leading to the suspension of its shares.

Keybridge Capital has been hit with an immediate $4.6 million loan repayment demand from Yowie Group, triggered by delays in its capital raising efforts obstructed by WAM Active Limited.

Advanced Health Intelligence Ltd (AHI) has secured USD 4 million in convertible debt funding and launched two new commercial partnerships in Canada and the UK, marking significant progress despite its ongoing ASX trading suspension.