Daily

Insurers and brokers to address ESL inquiry

03 September 2026

A NSW parliamentary inquiry into removing the emergency services levy will hold hearings next week, with the Insurance Council of Australia and the National Insurance Brokers Association among groups appearing...

Soft reinsurance prices tipped to persist

03 September 2026

Reinsurers’ pricing in Australia and other major Asia-Pacific markets is expected to remain weak in the near term, maintaining pressure on their underwriting margins, according to Fitch Ratings...

Nation reaches ‘tipping point for EV adoption’

02 September 2026

More Australians are considering buying electric vehicles but concerns about battery life, charging access and repairs remain barriers to wider adoption, research from NRMA Insurance has found...

Consumer groups weigh in on ASIC cash settlement probe

01 September 2026

Consumer advocates have backed the corporate regulator’s push for improved cash settlement practices after a review found the payouts may result in unfair outcomes for home insurance claimants, especially after disasters...

Homeowner loses dispute over 100% premium rise

01 September 2026

Allianz was entitled to slash its price cap setting and significantly increase a home cover customer’s premium after he made a claim, the industry ombudsman has ruled...

Industry in ‘pretty good shape’ despite profit dip

27 August 2026

The general insurance industry made $2.25 billion after-tax profit from continuing operations in the June quarter, down from about $2.36 billion a year earlier, according to Australian Prudential Regulation Authority data released today...