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Insurance News

Navigating Rising Premiums: Challenges for Australian Insurers
Navigating Rising Premiums: Challenges for Australian Insurers
07 May 2026: Paige Estritori
The Australian insurance sector is currently confronting significant challenges, with premium affordability emerging as a primary concern. This issue has ascended to the forefront, surpassing other pressing matters such as cyber risks and workforce shortages. The escalation in premiums is largely attributed to a combination of rising inflation, increased climate-related losses, and stringent regulatory pressures. - read more
ACCC Halts IAG's Bid to Acquire RAC Insurance
ACCC Halts IAG's Bid to Acquire RAC Insurance
07 May 2026: Paige Estritori
The Australian Competition and Consumer Commission (ACCC) has recently intervened to block Insurance Australia Group's (IAG) proposed acquisition of RAC Insurance. This decision underscores the regulator's commitment to maintaining competitive dynamics within the Australian insurance market. - read more
Australian Insurers Respond to Cost Increases Amid Middle East Conflict
Australian Insurers Respond to Cost Increases Amid Middle East Conflict
07 May 2026: Paige Estritori
The ongoing conflict in the Middle East has had far-reaching economic repercussions, including significant impacts on the Australian insurance industry. Insurers are now grappling with rising costs due to disrupted supply chains, increased fuel prices, and heightened material expenses. In response, the Insurance Council of Australia (ICA) has initiated measures to support customers during this challenging period. - read more
Hostplus and MetLife Australia Strengthen Ties with Extended Partnership
Hostplus and MetLife Australia Strengthen Ties with Extended Partnership
07 May 2026: Paige Estritori
Hostplus, a prominent Australian superannuation fund, has announced the extension of its group insurance partnership with MetLife Australia until June 2028. This collaboration, which began in 2013, aims to provide comprehensive insurance coverage to Hostplus members, including Death, Total and Permanent Disablement (TPD), and Income Protection insurance. - read more
APRA and ASIC Publish December 2025 Life Insurance Claims and Disputes Data
APRA and ASIC Publish December 2025 Life Insurance Claims and Disputes Data
07 May 2026: Paige Estritori
The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have jointly released the Life Insurance Claims and Disputes Statistics publication, covering the period from January 1, 2025, to December 31, 2025. This comprehensive report offers valuable insights into the performance of the Australian life insurance industry over the past year. - read more
Health Insurance Articles

Understanding Health Insurance: A Starter's Guide for Young Australians
Understanding Health Insurance: A Starter's Guide for Young Australians
Embarking on the journey of understanding health insurance is a pivotal stride for young Australians. It's a proactive step that embodies responsibility for one's well-being and financial foresight. Health insurance can often seem like a complex affair reserved for a future self, but grappling with its intricacies early can be both economically savvy and health-conscious. - read more
Understanding the Basics of Australian Health Insurance
Understanding the Basics of Australian Health Insurance
Health insurance is a critical part of maintaining your well-being and financial stability. In Australia, understanding the basics of health insurance can help you make informed decisions that protect you during unforeseen medical events. - read more
How to Choose the Best Family Health Cover for Your Needs
How to Choose the Best Family Health Cover for Your Needs
With healthcare being a critical aspect of every family's well-being in Australia, securing the right family health insurance is not just a necessity but a responsibility. Recognizing the importance of this safety net is the first step towards safeguarding the future health needs of your loved ones. Balancing comprehensive coverage against affordable premiums can seem overwhelming with a multitude of plans available. - read more
The Digital Age of Health Insurance: Comparing Policies Online
The Digital Age of Health Insurance: Comparing Policies Online
The dawn of the digital age has significantly transformed the way we approach nearly every aspect of our lives, and the domain of health insurance is no exception. With the arrival of innovative digital tools, the health insurance landscape has undergone a striking evolution, allowing for unprecedented accessibility and convenience in managing healthcare coverage. - read more
The Importance of Comparing Health Insurance Extras for Maximum Savings
The Importance of Comparing Health Insurance Extras for Maximum Savings
Health insurance is more than just a precautionary measure; it's a vital component in managing both your health and financial well-being. In Australia, where healthcare costs can quickly escalate, health insurance extras serve as a buffer, ensuring that services like dental, optical, and physiotherapy remain within reach. These extras can significantly reduce the out-of-pocket expenses you might otherwise encounter for non-hospital treatments. - read more

Knowledgebase
Liability Insurance:
A type of insurance that provides protection against claims resulting from injuries and damage to people and/or property.