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NYSE:AJG 10 February 2026 - 20 June 2026

Insurers scramble to address AI health fraud while liability cover falls short
ASX 200 today: Australian shares finish flat as AI fears hit insurers; CSL slides 5%

ASX 200 today: Australian shares finish flat as AI fears hit insurers; CSL slides 5%

Australian stocks closed almost flat Tuesday, the S&P/ASX 200 shedding just 2.7 points, or 0.03%, to settle at 8,867.40. Insurance brokers took a hit as renewed AI competition fears surfaced. Miners, gold names, and tech all moved higher. “A peer releasing an app has wiped billions off the market capitalisations of the insurance broking sector,” said Luke Winchester, portfolio manager at Merewether Capital.
AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Walt Disney

NYSE: DIS 94 / 100
#2 BUY

AerCap

NYSE: AER 92 / 100
#3 TACTICAL BUY

Advanced Micro Devices

NASDAQ: AMD 90 / 100
#4 BUY ON WEAKNESS

Arista Networks

NYSE: ANET 88 / 100
#5 SPECULATIVE BUY

Albemarle

NYSE: ALB 85 / 100
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Editorial model selection. Not personalised advice.