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    Insurance News

    Resilience in Australia's Non-Life Insurance Sector Amidst Volatile Risks
    Resilience in Australia's Non-Life Insurance Sector Amidst Volatile Risks
    13 May 2026: Paige Estritori
    Australia's non-life insurance industry has demonstrated remarkable resilience in the face of an increasingly complex and interconnected risk landscape. According to a recent report by AM Best, the sector achieved total insurance revenue of approximately AUD 77.7 billion for the fiscal year ending 30 June 2025. This performance underscores the industry's ability to navigate challenges and maintain robust growth. - read more
    IAG Enhances Risk Management by Integrating RACQ Insurance into 2026 Reinsurance Program
    IAG Enhances Risk Management by Integrating RACQ Insurance into 2026 Reinsurance Program
    13 May 2026: Paige Estritori
    Insurance Australia Group (IAG) has successfully integrated RACQ Insurance (RACQI) into its 2026 catastrophe reinsurance program. This strategic move follows IAG's acquisition of RACQI on 1 September 2025 and represents a significant step in enhancing the company's risk management framework. - read more
    Bupa Champions Disability Support Program in Queensland Following Veteran's Passing
    Bupa Champions Disability Support Program in Queensland Following Veteran's Passing
    13 May 2026: Paige Estritori
    Health insurer Bupa has extended its support to a program aimed at assisting Queenslanders with disabilities, emphasizing the importance of social connection and skill development. This initiative comes in the wake of the loss of a veteran participant, highlighting the program's significance in the community. - read more
    HESTA Announces 12% Reduction in Insurance Fees for Members
    HESTA Announces 12% Reduction in Insurance Fees for Members
    13 May 2026: Paige Estritori
    In a significant move to support its members, HESTA has announced an average 12% reduction in insurance fees across all cover types, effective from 1 July 2026. This initiative is part of a broader strategy to provide more accessible and affordable insurance coverage for its members, many of whom are professionals in the fitness industry. - read more
    AFL Players Face Loss of Insurance Coverage for Brain Injuries
    AFL Players Face Loss of Insurance Coverage for Brain Injuries
    13 May 2026: Paige Estritori
    In a recent development, AFL players have been informed that, effective May 1, 2026, their insurance coverage for brain injuries will be discontinued. This change comes after Zurich Insurance decided to exclude total and permanent disability (TPD) benefits for claims related to traumatic head injuries, concussion, Chronic Traumatic Encephalopathy (CTE), post-concussion syndrome, or any neurological impairment linked to brain injury. - read more
    Health Insurance Articles

    Keeping Your Family Protected: The Importance of Adequate Health Insurance Coverage
    Keeping Your Family Protected: The Importance of Adequate Health Insurance Coverage
    The modern Australian family faces a dynamic and ever-evolving set of health needs, with access to quality healthcare remaining a cornerstone of managing our wellbeing. As these needs shift through the different stages of life, the assurance of having a safety net in place can provide unparalleled peace of mind. It's this sense of security that makes adequate health insurance coverage indispensable in today's fast-paced society. - read more
    Don't Fall for These Health Insurance Misconceptions
    Don't Fall for These Health Insurance Misconceptions
    Private health insurance is an essential consideration for many Australians. It provides peace of mind, knowing that you and your family have access to the best possible healthcare when needed. - read more
    5 Common Mistakes to Avoid When Selecting Family Health Insurance
    5 Common Mistakes to Avoid When Selecting Family Health Insurance
    Choosing the right family health insurance can feel like navigating a maze. With so many options and factors to consider, it's no wonder many Australians find the process overwhelming. The stakes are high, as the wrong choice could not only impact your family's access to healthcare but also strain your finances. - 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
    Affordable Health Insurance: How to Find the Best Plan for You
    Affordable Health Insurance: How to Find the Best Plan for You
    Affordable health insurance refers to insurance plans that offer necessary health coverage at a price within one's financial means. These plans aim to balance cost with the quality of care, providing essential services without excessive financial burden. The goal is to make healthcare accessible to a wider population, ensuring that everyone can maintain their health without going into debt. - read more

    Knowledgebase
    Insurance Policy Excess:
    The amount you will have to contribute when you make a claim.