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Emerging risks | Growth Opportunities | APAC Insurance

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Sunday, October 4, 2026

Insurance Council of Australia

sca-publishes-best-practice-guide-for-strata-insurance-disclosure
Insurance Council warns Victorian strata laws need urgent reform to tackle rising premiums
September 12 2025
Industry body says poor governance and maintenance issues are making apartment buildings uninsurable, affecting one in five Victorians.
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Stamp duty reform in Queensland tops ICA recommendations to Productivity Commission
September 8 2025
The ICA has noted that Queenslanders are projected to pay nearly A$1.7bn in stamp duty on insurance to the government in 2024-2025.
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Victoria motor theft claims hit record A$223m: Insurance Council of Australia
September 4 2025
National motor theft claims climbed 11% in volume and 20% in costs last financial year, according to ICA data.
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ICA calls for expanded cyber obligations as AI attacks threaten small business resilience
September 3 2025
The ICA has urged greater tech provider obligations, workforce exchanges, and expanded ransomware reporting to strengthen cyber resilience.
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Insurance Council of Australia warns expanded Home Guarantee Scheme will drive up prices, harm low-income buyers
August 26 2025
Modelling shows the expanded Home Guarantee Scheme will fuel demand and drive up prices, leaving many first-home buyers worse off despite limited gains in ownership.
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CSIRO, ICA stress importance of governance framework, guardrails in AI adoption for Australia's insurance sector
August 26 2025
New CSIRO-ICA report outlines AI applications for rising premiums and climate risks, but warns transformation requires consumer protection safeguards.
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Tasmania's proposed state-run insurer could shift 'significant financial risk' to taxpayers, ICA warns
July 3 2025
ICA cited the US National Flood Insurance Program, which cost the federal government US$20.52bn in unfunded ageing debt.
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Australia's insurance industry welcomes new disaster funding
June 25 2025
State and federal governments have pledged billions to support flood-hit communities and help address rising insurance costs.
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NSW floods trigger more than 7,000 insurance claims: ICA
May 29 2025
Claims continue to rise in the Mid-North Coast and Hunter regions of New South Wales.
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Flood-related claims climb to 6,000 in NSW: ICA
May 28 2025
Volume of claims jumps by over 20% in the last 24 hours.
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ICA escalates classification of NSW floods to 'Insurance Catastrophe'
May 27 2025
Insurers have received almost 5,000 claims after severe floods struck the Mid North Coast and Hunter regions in New South Wales.
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Claims lodged from flood-battered NSW rise to 4,100: ICA
May 27 2025
Majority of the claims are coming from the Mid Coast, followed by the Central Coast and Lake Macquarie.
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