Australia
Australians regret delaying life insurance after major milestones
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.
Markel Insurance strengthens PFR team with Quigan appointment
Quigan will oversee underwriting strategies for new and renewal business.
Allianz Australia cements South Australia growth via RAA deal
About 300 RAA employees have joined Allianz.
APRA requires insurers to identify critical services under new CPS 230 rule
It also mandates enhanced oversight of third-party service providers.
Australian families avoid private hospital insurance use over high gap fees
17% of couples and 15% of singles reported doing the same.
NRMA Insurance tallies more claims in 2025 than all of 2024
69% of Australians are now more aware and concerned about extreme weather risks.
Over half of Australians open to switching health insurers for perks
Other popular incentives included bonus frequent flyer points.
APRA proposes capital relief to boost annuity competitiveness
Life insurers would be allowed to hold reduced capital for annuity products.
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