Australia
1 in 5 Australians raise health excess to pocket savings on premiums
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.
Australians regret delaying life insurance after major milestones
Only 10% recommended waiting until their 50s or later.
Markel Insurance names Tim Wills head of Marine in Australia
This marks the company’s first expansion in Australia beyond the long-tail lines.
Australians assess retirement options amidst superannuation gaps
ASFA recommends $595,000 for singles and $690,000 for couples.
Insurers use real-time data to track builder performance – Expert
This comes at a time when construction sign-ups reached an all-time high.
Australians waste dental benefits by skipping no-gap cover
Using a no-gap provider twice a year could save individuals $124.78 annually.
Australia’s general insurance market to reach $93.9b by 2029
In 2025, the market is expected to reach $68b.
ASIC plans to extend digital disclosure rules for five years
Changes include simpler language, updated legal references, and better examples.
Why do Australians rank health insurance highest on financial value?
One-fifth believe extras cover offers the best return on investment.
ICA urges review of Tasmania’s plan for state-owned insurer
The ICA said the plan would shift disaster recovery costs.
Ardonagh acquires Apex Insurance to expand footprint in Asia
The acquisition adds to Ardonagh’s existing regional operations under PSC HK Insurance Group.
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