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Insurance News

CHU Introduces Cyber Protection in Strata Insurance Policies
CHU Introduces Cyber Protection in Strata Insurance Policies
06 May 2026: Paige Estritori
In a significant move to bolster the resilience of Australian strata communities, CHU Underwriting Agencies has integrated cyber protection into its residential strata insurance policies. This enhancement specifically targets the growing risk of social engineering fraud, a form of cybercrime where malicious actors impersonate trusted contacts to manipulate payment instructions. - read more
Suncorp's Strategic Shift in Strata Insurance Classification
Suncorp's Strategic Shift in Strata Insurance Classification
06 May 2026: Paige Estritori
Suncorp, a leading Australian insurer, has strategically reclassified its strata insurance business from consumer to commercial, signalling a concerted effort to expand its footprint in the strata insurance market. This move aligns with the company's broader strategy to enhance its commercial insurance offerings and leverage synergies within its portfolio. - read more
CHU Expands Strata Insurance Capacity to Support Larger Developments
CHU Expands Strata Insurance Capacity to Support Larger Developments
06 May 2026: Paige Estritori
CHU Underwriting Agencies, Australia's largest strata insurance underwriting agency, has announced a significant increase in its single risk capacity, more than doubling it to $690 million. This substantial enhancement reflects CHU's commitment to accommodating the evolving landscape of strata developments across the nation. - read more
Suncorp's Strategic Reinsurance Move to Bolster Financial Stability
Suncorp's Strategic Reinsurance Move to Bolster Financial Stability
06 May 2026: Paige Estritori
Suncorp has recently finalised a substantial reinsurance agreement valued at AU$2.4 billion, spanning five years. This strategic move is designed to cap natural hazard costs in approximately 90% of scenarios, thereby enhancing the company's financial resilience. - read more
IAG's Steadfast Profit Targets Amidst Acquisition Challenges
IAG's Steadfast Profit Targets Amidst Acquisition Challenges
06 May 2026: Paige Estritori
Insurance Australia Group (IAG) has reported a net profit after tax of AU$505 million for the first half of the 2026 financial year, a decrease from AU$778 million in the same period of 2025. This decline is primarily attributed to the AU$174 million impact from severe weather events immediately following the acquisition of RACQ Insurance (RACQI), which occurred before the business was integrated into IAG's comprehensive reinsurance program in January 2026. - read more
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Caravan Insurance Articles

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
Roadworthy and Reliable: The Comprehensive Guide to Caravan Upkeep
Roadworthy and Reliable: The Comprehensive Guide to Caravan Upkeep
Maintaining your caravan isn't just about keeping it looking good; it's a crucial practice that ensures your safety on the road, as well as helping you protect your investment. A caravan represents a significant financial commitment, and just like any other vehicle, it requires regular care to maintain its value and functionality. - read more
Top Tips for Quick and Successful Caravan Insurance Claims
Top Tips for Quick and Successful Caravan Insurance Claims
Owning a caravan opens up a world of adventures across Australia, but it also brings certain risks. Having the right caravan insurance is essential for protecting your investment against accidents, theft, and unforeseen events. The importance of caravan insurance cannot be overstated for Australian owners, given the unique challenges presented by travel and storage conditions across various terrains and climates. - read more
Australian Caravan Owners: Understanding Your Comprehensive Cover Options
Australian Caravan Owners: Understanding Your Comprehensive Cover Options
Welcome, Australian caravan enthusiasts! Embarking on road trips and enjoying the great outdoors is an integral part of the Aussie lifestyle. Whether you're a seasoned traveller or a newcomer to the caravan community, ensuring your home on wheels is fully covered should be top of mind. - 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

Knowledgebase
Elimination Period:
The time period between an injury and the receipt of benefit payments from an insurer, particularly in disability insurance.

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