ASX Announcements
Market Sensitive
Market Presentation on 2024 Half Year Results
Half Yearly Report, Company Presentation
- Aug 9, 2024
- 26 pages
Market Sensitive
Market Release 2024 Half Year Results
Half Yearly Report, Periodic Reports - Other
- Aug 9, 2024
- 7 pages
Market Sensitive
2024 Half Year Investor Report
Half Yearly Report, Periodic Reports - Other
- Aug 9, 2024
- 41 pages
Dividend Record Date, Dividend Pay Date, Dividend Rate, Dividend Reinvestment Plan
- Aug 9, 2024
- 6 pages
This Month
QBE punished as price rises peak
UBS analyst Scott Russell says there is a “clear slowdown” in QBE’s pricing power.
- Lucas Baird
July
Why the local CEO of this $26b company likes her commute
When QBE Australia chief Sue Houghton rises at 6am, the self-described introvert relishes a walk on her own.
- Sally Patten
June
Global ambitions a dangerous trap for overzealous local giants
“An organic approach to world domination is a better way to do it,” says Allan Gray’s Simon Mawhinney. A string of failures shows he’s on the money.
- Jemima Whyte
QBE nears end of the road on reset as it ditches US middle-market
The ASX-listed insurance giant is hoping to shake off the last vestiges of a decade-long but ill-fated grab at the North American market with the wind down.
- Kylar Loussikian
May
Will QBE stick to its organic growth strategy with London calling?
Should QBE’s search for growth spur it towards Beazley, it would need a premium of circa 35 per cent, spelling a $10 billion deal size.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Updated
- AGM season
QBE pumps up Australian premiums, but squeeze slows
QBE revealed growth in all commercial markets at its AGM, including in Australia, where premiums increased by 11 per cent.
- Updated
- Liam Walsh
April
Insurers told to slash prices for households that reduce risks
Steps could include roof replacement, upgrading garage doors, boosting window protection, tying down sheds, and replacing flimsy hollow doors.
- Ronald Mizen, John Kehoe and Paul Smith
March
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
‘Radio silence, on hold for hours’: How insurers treat their watchdog
Justin Untersteiner helps run the Australian Financial Complaints Authority. But that didn’t stop him getting “radio silence for months” and being kept “generally on hold for 2½ hours” when he tried to claim.
- Liam Walsh
February
Affordability crisis gnaws at insurer customer growth
After a three-year repricing cycle where premiums only went up, IAG and QBE appear to be nearing the limit of how far they can keep hiking prices for insurance.
- Liam Walsh
The worst-kept secret this earnings season? Rising profits
Soaring profits at big companies selling everyday staples such as groceries, electricity and insurance bring new risks for shareholders and undesirable scrutiny from Canberra.
- Simon Evans
- Opinion
- Chanticleer
What we learnt from GQG, QBE and Cleanaway’s results
GQG rides the tech and Ozempic waves, insurer QBE shows big premiums may be coming to an end and Cleanaway plays the productivity game.
- James Thomson and Anthony Macdonald
- Investigation
- Insolvency
The $7b hangover: How IAG was sucked into Lex Greensill’s vortex
One of Australia’s most expensive corporate fights is in court. But how did the insurer targeted in the cases become entangled?
- Liam Walsh and Jenny Wiggins
January
Newmont to slide down ASX 200 as investors ditch secondary listings
The gold giant’s addition to the Australian Stock Exchange is expected to see a major reshuffle of the indices and $746 million worth of trading at the quarterly rebalance.
- Alex Gluyas
Wild swings in commodity prices may temper dividend outlook
While shareholder payouts are expected to hold steady this reporting season, some investors are more cautious on the miners and banks.
- Joanne Tran
- Updated
- Inflation
Suncorp surprised by older car claims, freak house fires
The insurer is the latest to see older claims come back to haunt it, while 500 claims have been lodged for damage from Cyclone Kirrily.
- Updated
- Liam Walsh
December 2023
Stormy summer’s toll mounts, in lives and dollars
At least nine people have died in Queensland and Victoria since a Christmas deluge started along the east coast, and rain is expected for days yet.
- Maxim Shanahan
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
Couple of sentences could have avoided insurer’s $10m fine
RACQ has been hit with a Federal Court penalty in the latest fallout for insurers and their failures to pass on discounts to policyholders.
- Liam Walsh
- Opinion
- Chanticleer
The one risk big insurers won’t take
There may be strong demand for cyber insurance, but the local sector is not running towards that fire. Even if it is a growing piece of the insurance pie.
- Anthony Macdonald
