Australia
1 in 2 Australians seeking mental health care has no private insurance
1 in 2 Australians seeking mental health care has no private insurance
Younger Australians are most impacted, says Money.com.au.
Australia’s Rest penalised for misleading insurance comms
Rest allegedly activated insurance cover for over 2,000 members without authorization.
Insurance Council of Australia pushes for lower corporate tax rates
The council, instead, recommends creating a A$30.15b flood defence fund.
RACQ accused of sending 570,000 renewal documents with wrong premium
One case allegedly saw RACQ hiking up a customer’s premiums by 40%, said ASIC.
Insurance Council of Australia supports Treasury climate framework
It also called for guidance to cover both decarbonisation and adaptation.
Australians show stronger knowledge of home insurance excess
Versus their Canadian and American counterparts.
Insurers expected to face demand for extended statutory liability cover
Directors and officers will also face higher personal accountability.
Why Australians rely on reviews when picking a health insurer
Younger Australians are the most active in checking reviews.
Proposed net cash flow tax to raise Aussies’ insurance costs: industry body
The council suggested scrapping stamp duties on insurance, amongst others.
Aussie insurance body urges strata law reforms to counter rising premiums
Building defects cost $1.3b annually for residential apartments across Australia.
1 in 5 Australians raise health excess to pocket savings on premiums
Gen Z respondents were the most likely to raise their excess at 30%.
Australia post strong June 2025 profit surge across life, general insurance markets
Growth in the life insurance sector was significantly higher than the general market.
Why Australian parents say Gen Z least likely to contribute to insurance bills
Only 22% of parents reported that their adult dependants pay their full share.
ASIC renews retail cover exemption for wholesale insurance contracts
ASIC said the exemption reduces compliance costs.
Howden Pacific says 70% of Australian businesses underinsured
The issue is particularly severe amongst small and medium-sized enterprises.
ARPC achieves 99% positive rating on insurer relationships in survey
Insurer feedback highlighted ARPC’s strengths in open engagement.
Actuaries Institute backs APRA review of annuity capital rules
The Institute’s submission called for a more principles-based approach.
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