RACQ Insurance plays a critical role in the group’s credit profile, contributing 78% of its total revenues and 72% of its earnings in 2024.

Revenue from its insurance business has been volatile, according to Moody’s Ratings. Members Banking Group or RACQ Bank’s decision to sell its underwriting insurance business will enhance its ...

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 ...