Australia: Victorian builders face 53% premium hike

Victorian Managed Insurance Authority said it will raise premiums due to record claims, driven by builder insolvencies, high inflation, and skilled worker shortages.

Share

Australia victorian builders face 53 premium hike
Australia victorian builders face 53 premium hike
Australia victorian builders face 53 premium hike
Get people moves , key regional updates , growth opportunities , emerging risks , data journalism , in-depth analysis , exclusive features , APAC insurance Delivered to your inbox
Get your free daily brief

Modal Title

Australia victorian builders face 53 premium hike

Key APAC insurance developments – delivered free each weekday.

THIS PREMIUM INSIGHT IS FOR SUBSCRIBERS ONLY.

Stay ahead with precise, independent journalism of APAC's insurance markets.

Unlocked access today:

Already subscribed? Log in here

Read next

howden-cuts-global-cyber-insurance-market-growth-estimate
insurers-position-for-strong-growth-in-asias-aviation-industry
japan-pi-club-records-net-surplus-of-us43m-in-fy23-boosts-reserves-by-28-9
climate-change-drives-urgent-need-for-more-granular-data
chinas-motor-insurance-segment-to-hit-us150bn-by-2028-globaldata
crypto-insurance-market-soars-on-back-of-high-asset-valuations
rate-hikes-tighter-underwriting-helping-australian-life-insurers-manage-disability-income-losses
japanese-insurers-finding-balance-between-esg-investor-pressure-and-policyholder-interests-fitch
globaldata-forecasts-9-5-annual-growth-for-philippines-gi-market-through-2028
japans-major-non-life-insurers-report-profit-surge-for-fy2024

Share this article