Australia
Rising dental costs prompt Australians to reconsider extras health insurance
Rising dental costs prompt Australians to reconsider extras health insurance
24% of Australians would spend more on dental care if they could afford it.
15 hours ago
60% of Australians feel financially secure, but 23% still underinsured
23% of life insurance holders said they did not believe their cover was sufficient.
19 hours ago
S&P flags distribution risk for Helia after CBA contract loss
Although Helia is expected to retain approximately 21% GWP.
5 days ago
Australia drives insurance reviews with $20m fines on compliance breaches
Recent court rulings also indicate a trend toward non-indemnification.
5 days ago
Allianz Partners launches cruise insurance with cruise line as bookings rise
Cruising now accounts for 10% of all travel amongst Australians.
5 days ago
2 in 5 Aussies with single policies rarely claim extra covers.
Couples and family policy holders are more likely to make claims on extra covers.
Pacific commercial rates down 8% in Q1 2025
Marsh recorded declines across all major lines of business.
Clearer cyber risk benchmarks for Australian SMEs pushed
The financial fallout from a single cyber event can be devastating.
Australian insurers report $6.1b profit on benign hazard period: KPMG
Profits before investment income and after taxes were $3.1b.
GCube urges insurers to close risk gap in renewable projects
Severe risks have greatly impacted the project bankability of renewables.
Hannover Life Re to acquire Swiss Re’s direct life portfolio
The transaction is expected to be completed within 18 months.
Australians spend A$138 monthly average on car insurance
A research also shows that 5% cancelled their car insurance altogether.
ClearView gains stability with pivot to core life insurance
Its exit from non-core operations will streamline its focus toward profitability.
How well do Australian’s know about tiered private hospital insurance system?
13% said the tier system is as confusing as the previous insurer-specific policies.
ICA reports 95,000 claims from Cyclone Alfred damage
The cyclone and floods have exceeded A$1.2b in insurance losses.
Pacific’s capital strength stable despite reinsurance reliance: AM Best
It’s net underwriting growth is expected to stay elevated in the medium term.
ICA calls for reforms as motor insurance premiums hit A$1,052 in 2024
Car repair bills now making up 60% of claim costs.
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Industry experts discuss how to navigate Vietnam’s challenging digital landscape at the Asia Banking and Finance and Insurance Summit.
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Is the Asian auto insurance industry ready for the cars of the future?
From traditional brokers to tech-led platforms: How B2B insurance is changing in Singapore