Australia

Aerial view of a sunlit suburban neighborhood with tree-lined streets and houses throughout the area.

ICA home insurance standardisation plan faces pushback from industry and consumer groups

June 15 2026

Industry bodies have criticised the ICA’s proposal, warning the "flawed" changes will strip away legal protections and fuel consumer confusion.

Crowded waterfront at Sydney Harbour with the Opera House foreground and the Harbour Bridge in the distance.

APRA confirms capital reporting template for longevity products

June 12 2026

The regulator received no industry submissions on the draft template, which supports the rollout of the advanced illiquidity premium from 1 July 2026.

Harbor scene with yachts docked along a waterfront and futuristic glass buildings under a blue sky.

Australia GI rebounds in Q1 as claims ease, property losses moderate

June 12 2026

Industry underwriting profits jumped 34% year-on-year as property lines recovered from catastrophe losses, while cyber led premium growth and motor remained profitable.

Row of young corn seedlings growing in a muddy field along parallel rows.

Liberty shifts to direct underwriting model with new Australian crop product

June 12 2026

The new CropPlus product includes automatic frost cover and premium discounts for data-sharing Australian growers.

QBE names Christopher Harris independent non-executive director

June 11 2026

The QBE Capital chair and reinsurance executive will join the insurer's board, subject to regulatory approval.

Aviso Specialty launches Risk Intelligence division

June 11 2026

Nicholas Martin has been appointed to lead the new unit.

Electric vehicle charging station area with multiple AmpCharge chargers under a wooden canopy, blue-marked parking spaces, and cars in the background.

EV insurance demand surges in Australia as fuel uncertainty drives interest — NRMA

June 11 2026

Used EV searches and clearance rates remain strong, pointing to broader confidence in the shift beyond new-car buyers.

stability-returns-to-australian-property-segment-in-1-7-renewals

Middle East conflict fuelling new volatility in Australian claims costs — Crawford

June 11 2026

Higher fuel and freight costs are pushing up repair expenses and prompting contractors to change how they price and deliver claims work.

City skyline with glass skyscrapers overlaid by colorful translucent data-visualization waves, conveying analytics in an urban setting

QBE's Middle East conflict exposure estimated at US$60m as Fitch affirms ratings

June 11 2026

US$60m exposure is modest relative to QBE's earnings and capital strength, with no impact on its stable outlook.

Pile of assorted international banknotes overlapping on a surface, including dollars, euros, yuan and more currencies.

Tighter regulations push APAC insurers toward capital-light strategies — Fitch

June 11 2026

APAC life insurers are reshaping product and investment strategies as tighter solvency rules increase risk sensitivity.

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