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Insurance News

Australian Non-Life Insurance Sector Demonstrates Robust Growth
Australian Non-Life Insurance Sector Demonstrates Robust Growth
24 Apr 2026: Paige Estritori
Australia's non-life insurance industry has showcased remarkable resilience in the face of an increasingly complex risk environment. According to a recent report by AM Best, the sector achieved a total insurance revenue of approximately AUD 77.7 billion for the fiscal year ending 30 June 2025. This performance underscores the industry's capacity to navigate volatile market conditions effectively. - read more
Australian Insurers Face AUD 4.8 Billion in Losses from 2025 Extreme Weather
Australian Insurers Face AUD 4.8 Billion in Losses from 2025 Extreme Weather
24 Apr 2026: Paige Estritori
The Insurance Council of Australia (ICA) has released new data indicating that extreme weather events in 2025 resulted in insured losses totaling AUD 4.8 billion. This figure represents a significant 727% increase compared to the previous year, underscoring the escalating impact of climate-related incidents on the insurance sector. - read more
Australian Health Insurance Premiums Set to Increase by 4.41% in 2026
Australian Health Insurance Premiums Set to Increase by 4.41% in 2026
24 Apr 2026: Paige Estritori
The Australian government has approved a 4.41% increase in health insurance premiums, set to take effect in 2026. This decision comes amid ongoing discussions about the sustainability and affordability of private health insurance in the country. - read more
Swiss Re Suspends New Life Insurance Operations in Australia
Swiss Re Suspends New Life Insurance Operations in Australia
24 Apr 2026: Paige Estritori
Swiss Re Life & Health Australia has announced a suspension of new life insurance business activities in the country, effective October 2025. This decision stems from concerns over the sustainability of Total Permanent Disability (TPD) insurance products, which have seen a significant rise in claims, particularly those related to mental health. - read more
AIA Australia Highlights Structural Shifts in Life Insurance Industry
AIA Australia Highlights Structural Shifts in Life Insurance Industry
24 Apr 2026: Paige Estritori
AIA Australia CEO Damien Mu has cautioned that the life and health insurance industries are facing structural changes driven by mounting mental health claims, rising premiums, and ongoing cost-of-living pressures. Speaking during the company's online Thrive for Life presentation, Mu highlighted that economic volatility, regulatory changes, and affordability challenges are rendering current life insurance models unsustainable. - read more
Caravan Insurance Articles

Why Eco-Friendly Caravanning is the Future of Travel
Why Eco-Friendly Caravanning is the Future of Travel
Caravanning has seen a rise in popularity across Australia, with many discovering the joys of hitting the open road and exploring the vast landscapes that the country has to offer. From coastal trips to inland adventures, caravanning provides the flexibility and freedom that many travelers are seeking. - read more
Comprehensive vs Third-Party Caravan Insurance: Which is Right for You?
Comprehensive vs Third-Party Caravan Insurance: Which is Right for You?
With the growing appeal of exploring the vast and varied landscapes of Australia, the caravanning lifestyle has seen a significant surge in popularity. The sense of freedom that comes with a home on wheels captivates adventurers and holiday-makers alike, making the choice of caravan protection through insurance an essential aspect of ensuring ongoing travel peace of mind. - read more
Insider Secrets for Affordable Caravan Travel and Insurance
Insider Secrets for Affordable Caravan Travel and Insurance
Caravanning has become an increasingly popular way for Australians to explore the vast and diverse landscapes of their country. - read more
Why You Should Shop Around: The Benefits of Caravan Insurance Comparison
Why You Should Shop Around: The Benefits of Caravan Insurance Comparison
When it comes to enjoying the great outdoors, few things offer the freedom and flexibility of a caravan. Whether you're embarking on a weekend getaway or a cross-country adventure, ensuring that your mobile home is properly insured is a critical consideration. Caravan insurance provides financial protection against a range of potential risks, from theft and accidents to natural disasters, ensuring peace of mind as you explore Australia's breathtaking landscapes. - read more
Mastering Weight Distribution for a Smooth, Safe Caravan Journey
Mastering Weight Distribution for a Smooth, Safe Caravan Journey
When embarking on journeys with a caravan in tow, understanding the concept of weight distribution is critical. This refers to how the weight of your load is spread both within the caravan and between the caravan and the towing vehicle. Ensuring this weight is evenly distributed is not just a matter of organization; it's a fundamental aspect of safe and smooth travel. - read more

Knowledgebase
Income Insurance:
Insures your income in the event of you being unable to work due to sickness or accident.