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AUSTRALIAN INSURERS
Japan's Tokio Marine eyes insurer Suncorp as preferred takeover target, FT reportsTokio Marine, a leading Japanese insurer, has set its sights on Suncorp for a potential takeover, among other competitors like Insurance Au...- AU$100,000 salary sounds like Rs 67 lakh in India, but an Indian in Australia explains the realityAn Indian man in Australia explained salary conversion differences to his family. His AU$100,000 annual income appears large when converted...
- FCNR(B) deposit drive could pressure banks' profitabilityBanks' leverage on FCNR(B) deposits could pressure profit margins. Overseas interest rates are lower, and lending spreads remain thin. This...
- SHANTI Act: The law ....may've started to show resultsThe SHANTI Act 2025 explained: India's nuclear power expansion is gaining momentum through new legislation. The SHANTI Act 2025 allows priv...
- Australia relaxes Gulf travel advice in boost for Middle Eastern airlinesAustralians can now travel to the UAE, Qatar, Bahrain, Israel, and Kuwait. The government has eased travel warnings for these nations. This...
- Dollar sways near 10-day lows as attention turns to BOJ and RBAA preliminary deal to end the Middle East war boosted global risk appetite, sending oil prices down and the U.S. dollar near 10-day lows. I...
- Crashes with kangaroos and other wildlife are rising across Australia, and a 21% spike in claims reveals exactly when and where you're most at riskAnimal collisions on Australian regional roads are a growing crisis, with claims rising 21% in 2025. Kangaroos and wallabies are the primar...
- Global markets: Australian shares rebound as banks and consumer stocks rallyAustralian shares rebounded on Wednesday, driven by gains in banks and consumer stocks, as softer economic data eased rate hike expectation...
- Travel insurance versus overseas student health cover: What Indian students need to knowIndian students studying in Australia must secure Overseas Student Health Cover (OSHC) for visa compliance and medical needs. While not man...
- Wipro to acquire additional 20% stake in insurtech firm Aggne Global for $28.5 millionIT major Wipro will acquire an additional 20% stake in insurtech firm Aggne Global Inc. The deal is valued at $28.5 million. This acquisiti...
- Cognizant to buy Australian insurance consultancyAdaptra was founded in 1998 and works with five of the top ten insurers in Australia and New Zealand. About 100 of Adaptra’s consultants wi...
- Australian insurer IAG to raise stake in SBI General to 49%This is the second foreign insurer to announce raising its stake in the Indian venture from 26 per cent to 49 per cent, the maximum permiss...
- Australian insurer IAG to raise stake in SBI General to 49%Insurance Australia Group (IAG) has decided to increase its stake in SBI's general insurance arm from 26 per cent to 49 per cent.
- SBI General Insurance premium income up 83% to Rs 541 cr in H1SBI General Insurance today said it has seen a healthy 83 per cent growth in premium income to Rs 540.93 crore in the first half of the cur...
- Australian insurer QBE shifts 100 IT jobs to IndiaIT workers are the latest casualties in QBE's war on Aus workers, with 100 jobs to be scrapped as part of its aggressive offshoring agenda.
- Suncorp's India outsourcing plans attract workers union's ire'Suncorp did the right thing throughout the Queensland floods, because our members worked their butts off.'
- SBI not to allow global M&As affect non-life JVState Bank of India will take measures to ensure that its proposed non-life joint venture is not adversely affected by international M&As.
- SBI may partner Insurance Australia Group for non-life insurance JVState Bank of India (SBI) will announce its non-life insurance joint venture (JV) in June. The bank has shortlisted its potential partner, ...
- Australia company default risk overstated-JPMorganThe cost of insuring against default at Australian companies has shot to record highs this week, mirroring a move in the United Sates where...
- Australian insurer in JV with PrismPrism Cement of the Rajan Raheja group has entered into an agreement with Australian insurer QBE .
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