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.

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.