While bancassurance new business profit powered Prudential's FY2025 growth, the group has flagged transforming the agency channel as its "number one priority".
Ahead of the ACCC's Phase I review decision next month, IAG's renewed bid to secure regulatory clearance for RAC Insurance has drawn fresh opposition from Australia's motor trade body.
Premium income and new annuity sales strengthen even as rising policy surrenders, bond yield pressures, and higher operating expenses weigh on the sector.
The PE firm is said to be considering strategic options for Oona, just over three years after the firm was established through a US$350m equity commitment.
