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Japan’s Tokio Marine Eyes Insurer Suncorp as Preferred Takeover Target, FT Reports

Aug 25 2026 // Japanese insurer Tokio Marine has identified Australian insurer Suncorp as a preferred takeover target after reviewing several potential options, the Financial Times reported on Tuesday, citing people familiar with the...

Australia Approves ANZ’s $3.3B Buyout of Suncorp; Deal Will Help With Insurance Focus

Jun 28 2024 // Australia on Friday gave the go-ahead for ANZ Group’s A$4.9 billion ($3.26 billion) buyout of Suncorp’s banking business, clearing the deal to proceed after almost two years of scrutiny by financial regulators...

Australia Regulator Questions Benefits of ANZ’s $3.3B Suncorp Buyout

Apr 4 2023 // Australia’s competition regulator said it was unconvinced a planned A$4.9 billion ($3.32 billion) buyout by Australia and New Zealand Banking Group Ltd. of a smaller rival would bring public benefits, in a blow to...

ANZ Agrees to Buy Australian Insurer Suncorp’s Bank Operations for $3.3 Billion

Jul 18 2022 // Australia & New Zealand Banking Group Ltd. agreed to buy Suncorp Group Ltd.’s banking operations for A$4.9 billion ($3.3 billion) as it seeks to gain an edge over larger rivals by expanding in the country’s...

Australia’s Bushfires Could Surpass 2009’s Costly Season; Analysts, Insurers Comment

Jan 10 2020 // Australia’s bushfire season has months to run and could easily surpass the most costly fire season, 2009’s Black Saturday fires in Victoria, which had a price tag of an estimated A$4.4 billion (US$3 billion),...

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