Female teenagers - especially those from lower-socio economic backgrounds - and gender-diverse adolescents in Australia are significantly more likely to experience worsening mental health symptoms over their high school years according to a new study.
Around 20% of Australian families avoid using their private hospital health insurance covers due to high out-of-pocket costs according to a survey conducted by Money.com.au.
The Insurance Council of Australia (ICA) has welcomed the government of New South Wales' (NSW) renewed commitment to reforming the Emergency Services Levy (ESL).
Australia is seeing an emerging dual crisis of growing housing inequity. Rising prices relative to wages in metropolitan areas are creating intergenerational inequity, while the risk of climate-driven price declines in high-risk regions could drive geographic inequity.
Over 60% (62%) of Electric Vehicle (EVs) owners in Australia are concerned about the lack of qualified repairers in their area. Additionally, 90% of EV owners - or those intending to purchase an EV - say it's important that their insurer has access to qualified EV repairers according to a new report by NRMA Insurance.
The number of insurance claims for wild-weather related damage received by NRMA Insurance between January and May this year has surpassed the total number of wild-weather claims received by it in the full year 2024. New data released by NRMA Insurance said it received more than 32,000 claims for wild weather-related damage between January and May this year.
Australia's Cyclone Reinsurance Pool (cyclone pool) has released an updated summary following cyclone Alfred, which brought rainfall and destructive winds to communities in southeast Queensland and northern New South Wales.
The Australian Prudential Regulation Authority (APRA) has proposed to allow reduced capital requirements for annuity products in return for enhanced risk management by life insurers, including closer matching of assets and liabilities.
The Motor Trades Association of Australia (MTAA) has expressed deep disappointment at the decision by the Australian Competition and Consumer Commission (ACCC) to approve Insurance Australia Group's (IAG) acquisition of RACQ's insurance operations.
HDI Global has announced Mr Haris Michaels will take on an expanded role in Southeast Asia, and Mr Stevan Bonic has been promoted to underwriting manager engineering, Australasia.