Australia
8 in 10 Australians back private health insurance reform
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.
AUB Group ends takeover talks as consortium withdraws offer
The consortium backed out of its A$45 per share binding proposal.
Australian health insurers see record high hospital claims
A total of 453,259 high claims—or those higher than A$10,000— were paid out during the year.
Australian superannauation fund fined $15.34m for delays
The penalty exceeds United Super's reported revenue in the 2024 financial year.
Health insurance premiums in Australia are set to rise about 4% in 2026
A premium increase in this range would add around $82.6 to $93.6 a year for singles.
Why 4.5 million Australians skip insurance claims over premiums
The most commonly skipped claims were for home and car insurance.
Australia’s non-life insurers sustain profit with firm reinsurance terms
The sector also remains dominated by IAG, Suncorp, QBE and Allianz.
Australia’s insurance market softens as competition intensifies
The property sector is seeing an influx of local and international capacity.
Canopius bolsters APAC operations with new leadership hires
Both will be based in Sydney.
Property and health lines drive Asia’s insurance growth trends
Property insurance remains a major segment in Singapore.
Swiss Re Life & Health to pause new business in Australia
The move comes amidst growing concern over rising TPD claims.
Commentary
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