ASX Announcements
Change of Director's Interest Notice - Wendy Thorpe
Change of Director’s Interest Notice
- Oct 2, 2024
- 2 pages
Change of Director's Interest Notice - Tom Pockett
Change of Director’s Interest Notice
- Oct 1, 2024
- 2 pages
September
- Opinion
- Chanticleer
Beware Donald Trump’s threat to insurers, including in Australia
Australia’s insurers are red-hot with investors. They are finally delivering. But keep an eye on Canberra, as Donald Trump reminded us overnight.
- Anthony Macdonald
- Opinion
- Aviation
The fury of the frequent flyer
Airline loyalty programs have tested customer patience and now face government probes. They won’t be nearly as lucrative in the future if customers end up loathing the associated airlines.
- Brooke Masters
August
- Opinion
- Chanticleer
What I learnt from 30 CEOs in 30 days
The profit season has delivered a confusing picture of an economy stuck between cycles. Here are 30 nuggets to help investors navigate this tricky environment.
- Updated
- James Thomson
IAG blames construction costs for higher premiums
The cost of subcontractors in Victoria rose by 18pc in the past year, putting pressure on housing insurance premiums across the country.
- James Eyers
The one question NRMA boss Julie Batch uses to progress her career
She comes from a long line of insurance executives. Earlier in her career she worked in Monaco in the reinsurance industry.
- Sally Patten
July
Workers’ rights law firm admits to underpaying staff $300,000
Prominent class action firm Slater & Gordon says there are “no excuses” for the underpayment which was due to a decade-long miscalculation of leave entitlements.
- Maxim Shanahan
Suncorp dumps Warren Buffett insurance-protection deal
The decade-long arrangement had split the risks and rewards of the insurer’s exposure to weather in Queensland, covering 30 per cent of its home policies.
- Liam Walsh
- Opinion
- Chanticleer
Simpler, predictable earnings this year’s equity market story
Fewer shocks and more bankable businesses, that’s what is in fashion with investors this year. The list of companies trying to dish it up is growing.
- Anthony Macdonald
June
IAG says premium pressure easing as shares soar on profits
Shares in IAG jumped on Friday as the insurance giant announced that earnings were likely to come in at the top of forecasts.
- Liam Walsh and James Eyers
Grong Grong (population 150) does its bit to solve the energy crisis
Small-scale solar farms like that at Grong Grong can fly below the radar but represent a large opportunity to plug renewable power into the system.
- Nick Lenaghan
Bad repairs and blacked-out costs: when insurance claims turn ugly
Stuff-ups and a rapid acceleration in claims expenses are the hallmarks of boiling customer frustration with insurers, who are also facing higher costs.
- Liam Walsh
May
IAG hit with discounting class action in latest legal headache
The insurance giant says it will defend the Slater and Gordon lawsuit alleging that customers were duped about discounts.
- Liam Walsh
Stock rally ‘too good to be true’, warn CIOs
Investment chiefs say the market looks too expensive given the uncertain economic backdrop and that there’s good reason to be cautious for the rest of this year.
- Joanne Tran
RACQ back on block, again, as Bank of America fires up sale
BoA’s crack financial institutions team Mike Evans and Pete Nicholls are understood to be leading the effort.
- Sarah Thompson, Kanika Sood and Emma Rapaport
April
ASIC secretly probed IAG’s Greensill disclosure
As IAG raised $750m, a hedge fund’s tip-off claimed there was scant detail about exposure to fast financier Greensill Group. Since then, $7b in gross claims have been declared.
- Liam Walsh and Jenny Wiggins
Male mentors drove Mostyn’s career, but she influenced them too
The next governor-general is best known as an advocate for professional women. She also had influential male mentors.
- Aaron Patrick
March
‘Chose not to disclose’: Greensill Group insurers dispute claims
Lex Greensill emailed an insurance underwriter in 2017 suggesting he “step up”. Years later, that relationship is under the microscope.
- Liam Walsh and Jenny Wiggins
Frantic emails show underwriters’ shock at Greensill Group exposure
The documents, filed in the Federal Court, also reveal Australian regulators were warned nine months before the fast-finance business imploded.
- Liam Walsh and Jenny Wiggins
Greensill Group underwriter suffered ‘breakdowns’ in policy safeguards
The man who signed off on billions of dollars of policies allegedly went around proper process and would receive “dinners, wine bottles” without disclosure.
- Jenny Wiggins and Liam Walsh
PSC Insurance rides sector growth as Goldman fields inbound interest
PSC boss Tony Robinson and his Paul Dwyer-chaired board are seeking a price tag of about $2.3 billion as at least two offshore brokers circle.
- Sarah Thompson, Kanika Sood and Emma Rapaport