Australia
Australians use healthcare BNPL as premiums rise 4.41%
Australians use healthcare BNPL as premiums rise 4.41%
April’s premium increase was the steepest average rise in a decade.
1 hour ago
Australia premiums soften amidst reinsurance relief
Fewer large catastrophe losses helped improve terms for insurers.
2 days ago
Australian insurers admit 98.4% of death claims in 2025
Group ordinary business recorded the highest death claim admission rate in 2025.
2 days ago
Markel opens Perth office to expand Western Australia presence
The company also appointed two Perth-based senior underwriters.
Cover-More secures Aon clients and staff in travel cover push
The agreement spans retail accounts.
Underinsurance crisis leaves 1 in 7 Australian homes unprotected
APRA warns coverage gaps will hit 25% by year 2050.
1 in 5 of Australians regret no insurance as premiums rise 4.41%
Average policyholders already pay about $164.2 monthly for coverage.
How 27% of Australians rank health insurance amongst the top 3 bill worries
Consumer Sentiment Tracker shows cover is already a major source of recurring payment strain.
APRA warns climate risks could leave 1 in 4 homes uninsured
The regulator assessed two severe scenarios covering weather losses and transition costs through to 2050.
Health premium hikes hit as 2.7 million Australians miss warning notices
Funds typically issue written messages before the annual adjustment period begins.
8 in 10 Australians back private health insurance reform
Only 20% of policyholders want the current insurer Medicare and patient fee mix retained.
Australia's personal accident and health to hit $28b by 2030
It recorded 5.3% expansion in 2025, reflecting pricing resilience.
Zurich to acquire ClearView for $293m
Shareholders are set to receive $0.46 in cash per share.
Zurich appoints Blain Waterford to lead Travel in Australia NZ
The new head joins the ANZ leadership team and will operate from Sydney.
Zurich launches 5-minute AI cyber insurance
The product automates underwriting for Australian firms via Cowbell partnership.
APRA executive director Beverley-Smith resigns for regulated entity role
The regulator said it will begin the process to appoint a permanent replacement.
Australia’s life insurance market set to hit $19.8b by 2029
Medical inflation remains one of the biggest drivers of rising claims costs.
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CEO Phlaphongphanich said the industry is measuring the wrong things.
