ASX Announcements
Change in substantial holding
Notification of cessation of securities - SUN
Appendix 3H (Notification of cessation of securities)
Notification regarding unquoted securities - SUN
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
FY26 Reinsurance Program Update
Progress Report
Christine McLoughlin to Retire as Suncorp Chairman
Chair Appointment/Resignation
This Month
Suncorp and IAG’s disaster profits come at taxpayer expense
The federal government has facilitated the best of both worlds for insurers: higher profits and simultaneous crowing about payouts to their customers.
Grumpy fundies are buying ASX stocks again. Morgan Stanley has 6 picks
The ASX is running hot, and even bearish fundies are putting cash to work. But what’s fascinating is where this money is going – and where it isn’t.
June
Housing woes collide with climate change and could hit every household
Like housing construction, the insurance industry is at the point where both the corporate and consumer sides are screaming for help.
Is it time for standalone Suncorp to find its Warren Buffett?
The company promised us a leaner, meaner insurer. Investors are yet to see it. However, the next few weeks could be telling.
From mortgages to mining copper, here’s how big companies are using AI
Flood and cyclone victims are just some of the people the country’s biggest businesses are helping with the use of artificial intelligence.
Insurer keeps human touch to the fore as it streamlines claims
Suncorp is the winner of The Australian Financial Review AI Awards in the Ethics and responsibility category.
May
Insurance Australia Group goes west with $1.35b RAC buy
IAG will add The Royal Automobile Club of Western Australia to its brand portfolio after striking a similar deal in Queensland six months ago.
Bond providers the latest casualty of Roberts Co failure
The failure of Roberts Co Australia widens the fallout of a company with ambitions to become a top contractor, but which is now just another failed builder.
QBE chairman wants states to cut insurance taxes for premium relief
QBE provided an update on its exposure to global fires and floods ahead of its AGM on Friday, where its support for oil and gas projects came into focus.
The Pharmacy Guild’s insurance biz brings in UBS
ASX-listed insurance giant Suncorp and Employers Mutual Limited are known to be keeping a brief on the niche insurer.
April
Will insurance premiums ever get cheaper?
The country’s big insurers have found themselves in a political storm as the cost of policies balloons $30 billion over a decade. But are those hikes unfair?
March
The $400,000 gap putting Alfred victims on notice
Widespread underpayments by insurance companies in the 2022 Victorian floods mean claimants should look carefully at what their insurer first offers.
Canberra shields insurance companies from cyclone losses
The Australian Cyclone Reinsurance Pool covers insurers for damage when weather is classified as a cyclone – and for 48 hours from the time it is downgraded.
February
Insurers call for $30b flood defence fund to protect properties
After Peter Dutton said he wanted to break up insurers, the industry wants to partner with governments to strengthen infrastructure and relocate the most vulnerable buildings.
QBE boss hits back: high insurance premiums are due to risk
Andrew Horton has issued the first response from an insurance industry boss since the opposition leader threatened to break up companies.
ACSI threatens to quit ASX governance council in split over diversity
The lobby group for the $4.1 trillion superannuation sector has threatened to quit the ASX Corporate Governance Council if it drops controversial diversity reporting for listed companies.
IAG says LA wildfires were a wake-up call on disaster preparation
The insurance giant, which owns the NRMA and CGU brands, reports a 91 per cent jump in interim profit, but its shares fell as premium rises moderated.
Suncorp confident it can rise to challenge of Queensland floods
The deluge will not push up insurance premiums thanks to strong buffers, the CEO of the Brisbane-based insurer said after its interim results impressed.
What we learnt: Donald who? AGL’s $1b battery bet and love for EVs get thumbs up
AGL still loves electric vehicles, Suncorp’s profit jump might be too big for its own good, and is CBA’s balance sheet beyond reproach?
January
Californian fires to push premiums higher, worsening poor policy cover
The rising cost of insurance policies has already meant a third of about $60 billion in natural disaster damage over the past decade was left uninsured.