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ACCC opens review into Zurich’s $15.4B bid for speciality insurer Beazley
The ACCC has opened a review into Swiss insurer Zurich's bid to acquire UK-based specialty insurer Beazley, one of the largest deals to face scrutiny under the country's new merger review framework.
ANZ, OnePath reach 11th-hour settlement in class action
A settlement has been reached on the eve of trial in a class action against ANZ and OnePath alleging they slugged super fund members with excessive fees.
CIMIC loses appeal against insurers over coverage for Iraq bribery cases
Insurers have won a challenge to a declaration that engineering firm CIMIC could make claims under policies for costs arising from corruption cases, including a $32 million class action settlement.
High Court to hear Zurich appeal over NZ apartment class action
The High Court has granted special leave to Irish insurer Zurich to challenge a decision allowing a class action over an allegedly defective New Zealand apartment block to proceed in the NSW Supreme Court.
Class action against Zurich over faulty apartments gets go-ahead
A class action against Irish insurer Zurich Insurance Plc by unit owners of the defective New Zealand-based Victopia Apartments can proceed in Australia after the NSW Supreme Court ruled the case could not be filed elsewhere.