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RACQ to sell 90% of insurance business to IAG
If completed, the transaction alter the strategic positioning of the broader group. The Royal Automobile Club of Queensland (RACQ) has announced the proposed sale of 90% of RACQ Insurance to Insurance ...
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 ...
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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