INSURANCE WORLD

IAG cuts earnings forecast

Insurance company IAG has cut its earnings forecast, blaming the impact of high storm costs and market conditions in the UK.

IAG rejects QBE merger proposal

Shares in Australia's biggest general insurer, Insurance Australia Group (IAG), have surged on the Australian Stock Exchange after confirmation of a takeover approach from QBE.

Flood recovery task force to meet insurers

The Central Queensland Recovery Task Force will meet representatives from the insurance industry next week to discuss issues raised by the community after floods earlier this year.

MP worried ambulance costs may stop sporting events

There are fears the high cost of ambulance coverage will put future Upper Hunter sporting events at risk.

Members to vote on .4b MBF merger

Australia's biggest private health insurer, MBF, says another key milestone has been reached as it prepares to merge with the local arm of the global healthcare group BUPA.