Source: Reinsurance News

IAG: IAG submits remedy offer to ACCC regarding RACI acquisition

Insurance Australia Group Limited (IAG) has submitted a package of proposed remedies to the Australian Competition and Consumer Commission (ACCC) in a bid to address the regulator's competition concerns over its proposed acquisition of RAC Insurance Pty Limited (RACI) from the Royal Automobile Club of Western Australia. The transaction, announced in May of 2025, included [...] The post IAG submits remedy offer to ACCC regarding RACI acquisition appeared first on ReinsuranceNe.ws.

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Annual Revenue
$10-50B
Employees
10-50K
Nick Hawkins's photo - Managing Director & CEO of IAG

Managing Director & CEO

Nick Hawkins

CEO Approval Rating

40/100

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