Bupa fined $23.2m for misleading health insurance claims in Australia
Health insurer Bupa has been directed by the Australian Federal Court to pay a A$35m ($23.2) penalty after the company…
12 Dec 2025
Australian watchdog rejects IAG’s purchase of RAC WA insurance business
The Australian Competition and Consumer Commission (ACCC) has rejected Insurance Australia Group’s (IAG) planned acquisition of RAC Insurance from the Royal Automobile Club of Western Australia (RAC WA), citing concerns…
12 Dec 2025
Swiss Re and RIQ collaborate on AI-driven reinsurance solutions in UAE
Swiss Re and RIQ have teamed up to develop and expand AI-enabled reinsurance solutions, capacity options and risk origination initiatives within the United Arab Emirates (UAE). The partnership was formalised…
11 Dec 2025
WTW to acquire insurance broker Newfront for $1.3bn
Willis Towers Watson (WTW) has agreed to purchase the San Francisco, US-based broker Newfront for a total consideration of $1.3bn (£972.25m). The transaction aims to strengthen WTW’s position in the…
11 Dec 2025
Munich Re targets $7.33bn IFRS net profit for 2026
Munich Re has announced its financial targets for 2026, with a focus on achieving an IFRS (International Financial Reporting Standards) net profit of €6.3bn, reflecting “consistently” good operational performance across…
11 Dec 2025
Aegon to relocate headquarters and legal domicile to US
Dutch insurer Aegon has outlined plans to relocate its headquarters and legal domicile to the US as part of a broader strategy to prioritise life insurance and retirement operations in…
10 Dec 2025
DUAL to enhance cyber underwriting offerings with CyberCube partnership
DUAL Group has entered into a collaboration with cyber risk analytics provider CyberCube to advance its underwriting offerings and provide value to clients and brokers. The alliance aims to combine…