- Reuters
Insurance Australia tops benchmark index on reinsurance deals
Shares of Insurance Australia Group rose 9% on Friday after the company bought reinsurance protection from a unit of Berkshire Hathaway and Canada Life Reinsurance in a bid to minimise financial fluctuations for the next five years. IAG noted that the reinsurance would effectively help limit the costs of natural perils to A$1.28 billion in FY25.
- Insider Monkey
20 Biggest Financial and Banking Companies in Australia, 2024
In this article, we will look into the 20 biggest financial and banking companies in Australia in 2024. If you want to skip our detailed analysis, you can go directly to the 5 Biggest Financial and Banking Companies in Australia, 2024. Australian Economy and the Financial Sector According to the IMF, Australia boasts a GDP […]
