Reinsurance News
AUB Group
AUB’s international division sees net profit rise 29% in H1’26
25th February 2026
Australian insurance broker AUB Group has posted its results for the first half of financial year 2026, with its international division, which includes Tysers, reporting an underlying net profit before tax of AUD 39.4 million, up 29% from AUD 30.5 million in the same period a year earlier. AUB Group ... Read the full article
AUB expands in UK retail insurance market with Prestige Insurance acquisition
27th January 2026
AUB Group Limited has agreed to acquire a majority stake in Prestige Insurance, positioning Prestige as its flagship UK retail broking platform to consolidate Tysers’ Retail portfolios, drive AUB’s Retail MGA strategy, and accelerate its UK footprint alongside existing investments in Movo and Momentum AR networks. Prestige Insurance is an insurance ... Read the full article
Private equity investors end acquisition talks with AUB
1st December 2025
Private equity investors EQT and CVC (together, the Consortium) have notified AUB Group that they will not proceed with a binding A$45-per-share scheme proposal to acquire 100% of the business, and both sides have therefore agreed to end discussions. The update follows EQT’s disclosure on 9 November 2025 that it had ... Read the full article
AUB international business sees AUD 104.1mn pre-tax profit for FY25
28th August 2025
Australian insurance broker AUB Group has released its 2025 financial year results, reporting that its international business unit, which includes Tysers, reported a pre-tax profit of AUD 104.1 million, a 7.6% increase from the same period last year. AUB Group acquired Tysers from Odyssey Investment Partners in September 2022. FY24 ... Read the full article
AUB Group sees 12% revenue increase in H1’25
25th February 2025
AUB Group has release its financial results for the first half of 2025, reporting AUD 712.6 million in revenue, a 12.1% increase when compared to the AUD 635.7 million seen in the first half of 2024. Underlying net profit after tax (NPAT) increased to AUD 79.3 million in H1 2025, compared ... Read the full article
AUB names Wilson CEO of Tysers and Pybus CEO of AUB UK Retail
20th September 2024
Australian insurance broker AUB Group has announced the appointments of Tom Wilson as CEO of Tysers and Bob Pybus as CEO of AUB UK Retail, both effective from 1 October 2024 and subject to regulatory approval. As Wilson takes his new role, Mike Emmett, CEO and MD of AUB Group, will ... Read the full article
Tysers contributes AUD 97m to AUB Group’s FY 2024 underlying profit
21st August 2024
Australian insurance broker AUB Group has released its 2024 financial year results, reporting that Tysers contributed AUD 96.8 million to its underlying pre-tax profit. AUB Group acquired Tysers from Odyssey Investment Partners in September of 2022, with FY 2024 being the first full year of ownership. According to the firm, Tysers' ... Read the full article
AUB Group to acquire 80% equity stake in UK insurance broker Movo
19th August 2024
Australian insurance broker AUB Group has entered into an equity partnership with Movo Group, a UK insurance broking business. The transaction is subject to regulatory approval. AUB has agreed to acquire an 80% equity stake in Movo, including: Authorised Representative (AR) network Movo Partnership; equity broking group, Movo Insurance Brokers; and ... Read the full article
AUB Group to acquire 70% equity stake in Pacific Indemnity
24th May 2024
AUB Group, the Australian equity-backed insurance broker network, has entered into an agreement to acquire a 70% equity stake in Pacific Indemnity, a specialty underwriting agency based in Australia. According to the announcement, the investment is "highly complementary" as AUB continues to build a portfolio of agencies. It has been confirmed that ... Read the full article
Tysers parent AUB Group raises A$150m for M&A drive via private placement
19th May 2023
Tysers parent AUB Group, has announced that it has successfully raised A$150 million to support its “attractive M&A pipeline”, after completing an oversubscribed placement of 6.25 million new fully paid ordinary shares at A$24.00 per share. According to the announcement, the shares represent a 7.2% discount to the last traded price ... Read the full article
AUB Group completes Tysers acquisition
30th September 2022
Australia equity-based insurance broker network AUB Group has completed its acquisition of Tysers. In accordance with the terms of the acquisition and as previously announced, AUB confirmed that it has issued 9,018,974 new shares to Tysers’ former owner, Odyssey Investment Partners. The new shares will be escrowed for a 24-month period. AUB ... Read the full article
AUB to acquire Tysers for £500m
9th May 2022
AUB Group, an Australia equity-based insurance broker network, has confirmed that it has reached an agreement to acquire wholesale broker Tysers from its current owner, Odyssey Investment Partners, for a sale price of AUD $880 million (GBP 500 million). Last month, AUB maintained that it was still in discussions over ... Read the full article
AUB Group confirms Tysers discussions ongoing
4th April 2022
AUB Group has said that no deal has been reached in its ongoing discussions on acquiring wholesale broker Tysers. The announcement comes amidst widespread reporting that the two firms had reached an agreement in which AUB had won a bidding war for Tysers. However, AUB sent out a brief release to ... Read the full article
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