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    Insurance News

    NorthStandard's 5% P&I Premium Increase: What It Means for Marine Insurers
    NorthStandard's 5% P&I Premium Increase: What It Means for Marine Insurers
    27 May 2026: Paige Estritori
    NorthStandard, a prominent global marine insurer, has announced a 5% increase in Protection and Indemnity (P&I) premiums, effective from 20 February 2026. This decision reflects the company's response to ongoing market unpredictability and associated risks. - read more
    High Court Decision Eliminates Liability Cap for Wreck Removal Claims
    High Court Decision Eliminates Liability Cap for Wreck Removal Claims
    27 May 2026: Paige Estritori
    In a landmark decision, Australia's High Court has unanimously ruled that Protection and Indemnity (P&I) insurers cannot limit their liability for wreck removal and pollution clean-up claims. This ruling emerged from the case involving Standard Club UK Ltd, the P&I insurer for CSL Australia, following a 2022 collision at the Port of Devonport, Tasmania. - read more
    Cyclone Narelle's Impact on Marine Insurance in Northern Australia
    Cyclone Narelle's Impact on Marine Insurance in Northern Australia
    27 May 2026: Paige Estritori
    Severe Tropical Cyclone Narelle, which struck Northern Australia in March 2026, has brought to the forefront the escalating challenges in securing marine hull insurance in regions like Northern Queensland and Western Australia. The cyclone's path, impacting both the Northern Territory and the northwest of Western Australia, exemplifies the increasing volatility of weather patterns and their profound implications for the marine insurance sector. - read more
    Vero's 2026 SME Insurance Index Uncovers Critical Risk Management Gaps in Australian Small Businesses
    Vero's 2026 SME Insurance Index Uncovers Critical Risk Management Gaps in Australian Small Businesses
    27 May 2026: Paige Estritori
    Vero's recently released 2026 SME Insurance Index has brought to light significant disparities in risk management practices between small and large Australian businesses. The survey, encompassing over 1,500 enterprises, underscores the pressing need for enhanced risk strategies among small and micro businesses to bolster their resilience in an increasingly volatile economic landscape. - read more
    Australian Commercial Insurance Market Maintains Soft Conditions Through First Half of 2026
    Australian Commercial Insurance Market Maintains Soft Conditions Through First Half of 2026
    27 May 2026: Paige Estritori
    The Australian commercial insurance landscape has sustained its soft market conditions through the first half of 2026, characterised by competitive pricing, expanded underwriting capacity, and heightened competition among insurers. This environment presents both opportunities and considerations for businesses seeking to optimise their insurance portfolios. - read more
    Health Insurance Articles

    Insider Secrets to Finding Cost-Efficient Health Insurance
    Insider Secrets to Finding Cost-Efficient Health Insurance
    Health insurance in Australia is a crucial aspect of ensuring you and your family receive the medical care needed without facing exorbitant costs. The healthcare system, consisting of both public and private sectors, offers various options to suit different needs and budgets. While the public sector (Medicare) provides essential services, private health insurance offers additional benefits such as faster access to services, choice of doctor, and coverage for services not included in Medicare. - read more
    The Role of Health Insurance in Supporting Preventive Care
    The Role of Health Insurance in Supporting Preventive Care
    Preventive healthcare refers to measures taken to prevent diseases, rather than treating them after they occur. This includes actions like regular health screenings, vaccinations, and adopting healthy lifestyle practices. - read more
    What to Look for in Basic Health Insurance Cover
    What to Look for in Basic Health Insurance Cover
    Welcome to our discussion on basic health insurance cover, a topic that is crucial yet often overlooked in the hustle and bustle of everyday life. Navigating the world of health insurance can be daunting, but understanding your options is vital for peace of mind and financial stability. - 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
    Health Fund Rebates 101: What Every Australian Needs to Know
    Health Fund Rebates 101: What Every Australian Needs to Know
    Exploring the realm of health insurance can be like navigating a labyrinth, replete with complex terms and varying policies. Among these, health fund rebates emerge as a crucial element, particularly for young Australians embarking on their journey of health coverage. Fund rebates can significantly lighten the financial burden, transforming the quest for health insurance from daunting to empowering. - read more

    Knowledgebase
    Insurance Deductible:
    That part of an insurance claim that must be paid by an insured person before the the balance is paid by the insurer.