May
Bonza administrators ask for more time to save stranded budget carrier
The airline’s owner, 777 Partners, and its financiers are mired in legal action in Britain and the United States over its aviation assets.
- Ayesha de Kretser
Allens, G+T tapped for $200m AUB Group acquisition raise
Macquarie Capital’s equity desk hit the phones on Wednesday morning, chasing down fresh equity to fund the insurer’s acquisition of Pacific Indemnity.
- Sarah Thompson, Kanika Sood, e and Emma Rapaport
Why this executive uses generative AI every second hour
Microsoft says workers who use AI can be divided into four camps: sceptics, novices, explorers and power users, who get back more than 30 minutes a day in time saved.
- Euan Black
April
Allianz checks out Crescent’s ClearView; BofA at the wheel
Street Talk’s eagle eyes have spotted a major player lurking in ClearView’s data room.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Labor scrambles after accidentally axing insurance commissions
A wording error in financial advice reforms tabled to Parliament last week would have inadvertently banned commissions for insurance brokers.
- Hannah Wootton and Lucy Dean
- Exclusive
- Credit crunch
This Australian executive is taking on a US private investment giant
As chairman of Cromwell Property Group, Paul Weightman saw plenty of corporate jousting. Now the Corinthia Global Management founder is staring down Barings.
- Primrose Riordan
March
- Opinion
- Opinion
There are good reasons to have insurance in an SMSF
An SMSF is allowed to claim a tax deduction for insurance premiums.
- Meg Heffron
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
February
Allianz calls time at Hunter Premium Funding; hires sell-side adviser
Hunter, which traces its history back to 1977, helps large businesses split hefty bills for insurance premiums into smaller instalments.
- Sarah Thompson, Kanika Sood and Emma Rapaport
December 2023
Super funds, insurers line up to get into financial advice game
Michelle Levy, whose review into financial advice led to many of the proposed new laws, said the changes would go “a long way” to making advice cheaper and more accessible.
- Hannah Wootton
Why execs don’t trust AI with big decisions yet
A year after the launch of ChatGPT, businesses dabbling with generative AI aren’t convinced the technology would hold up under the intense scrutiny of a senate inquiry or lawsuit.
- Tess Bennett
November 2023
Opportunities exist in China but ‘tread carefully’: Janus Henderson
Portfolio manager Daniel Grana says some Chinese stocks are still good value, but warns investors dipping into emerging markets to consider the policy objectives of the ruling party.
- Updated
- Joanne Tran
Fund managers buy up insurers amid slowdown fears
Worried about the fallout from higher interest rates, investors including Airlie, Paradice and Ophir are favouring insurers over the big four banks.
- Joanne Tran
‘Financial heartbreak’: Customer complaints about super jump 32pc
Former truck driver Christian Jensen had to apply for two hardship variations on his mortgage due to delays from his super fund.
- Hannah Wootton and Lucy Dean
September 2023
TA Associates closes in on financial planner roll-up AZ NGA
It looks like AZ NGA has done some soul-searching since then, and is ready to meet TA Associates at a mutually agreeable price.
- Sarah Thompson, Kanika Sood and Emma Rapaport
August 2023
Fineos raises $40m to fortify balance sheet; MacCap, Moelis on ticket
Insurance software player Fineos had its brokers sounding fund managers for an equity raising on Tuesday in a bid to beef up its cash buffers.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Labor inaction leaves customers wasting money on insurance
The delays by Stephen Jones are leaving Australians stranded in unnecessarily expensive life insurance products or without cover they need, industry warns.
- Hannah Wootton
July 2023
American Equity accepts $6.5b Brookfield takeover bid
The deal for the US annuity provider boosts Brookfield Reinsurance’s assets under management to around $US100 billion.
- Dinesh Nair
May 2023
When the tax on your life insurance payout could hit 32pc
Where a super death benefit is paid, you need to be aware some of this could be taxed at a higher rate if your dependants are your adult children.
- John Wasiliev
AMP fined $24m for charging dead clients in watchdog crackdown
And in a separate case, MLC Life was fined $10 million for failing to pay injured and disabled customers for treatment programs they had promised to cover.
- Hannah Wootton