Insurance Australia Group (IAG) has concluded the acquisition of the Royal Automobile Club of Queensland’s (RACQ) insurance underwriting business. The deal was first made public in November 2024. The ...
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RACQ makes $1b deal with insurance giant IAG, which is being sued for allegedly misleading customers
RACQ is selling its insurance arm in a $1 billion deal to a insurance giant currently being sued for allegedly misleading customers. It's the biggest insurance sale for Queensland in more than 15 ...
Insurance Australia Group has agreed to pay AUD 855 million for 90% of the insurance book of Queensland mutual RACQ and enter a 25-year exclusive agreement to provide its members with general ...
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