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Insurance News from Business Insurance Online

Business Insurance Online is pleased to present the latest financial news headlines.

To read an entire news item, simply click on the headline.

News items on this page are prepared by our editorial team as summaries of publicly available news reports and official announcements. See linked news sources where available. The following news items are for informational purposes only and are not independent journalism.

Insurance News

Australian Insurers Falling Behind in Cyber and AI Risk Readiness
Australian Insurers Falling Behind in Cyber and AI Risk Readiness
18 Dec 2025: Paige Estritori
In an era where digital threats are escalating, Australian insurers are reportedly less prepared to manage risks associated with cyber threats and artificial intelligence (AI) compared to their global counterparts. This insight emerges from the latest PwC Insurance Banana Skins Survey, which assesses the industry's readiness to tackle emerging challenges. - read more
Australian Insurance Market Set for Significant Growth by 2029
Australian Insurance Market Set for Significant Growth by 2029
18 Dec 2025: Paige Estritori
Australia's general insurance market is on a trajectory of steady expansion, with projections indicating that total direct written premiums (DWP) will reach $144.5 billion by 2029. This growth reflects a compound annual growth rate (CAGR) of 8.8%, as analysed by data and analytics firm GlobalData. - read more
Australian SMEs Advocate for Reforms Amid Escalating Insurance Premiums
Australian SMEs Advocate for Reforms Amid Escalating Insurance Premiums
18 Dec 2025: Paige Estritori
Small to medium enterprises (SMEs) across Australia are facing mounting financial pressures due to soaring insurance premiums. In response, the Australian Chamber of Commerce and Industry (ACCI), in collaboration with the Insurance Council of Australia, has released a report highlighting the urgent need for coordinated national reforms to address this issue. - read more
QBE Insurance Faces Market Challenges as Premium Growth Slows
QBE Insurance Faces Market Challenges as Premium Growth Slows
10 Dec 2025: Paige Estritori
QBE Insurance Group, Australia's largest insurer by market value, recently experienced a significant decline in its share price, reaching a seven-month low. This downturn is primarily attributed to a noticeable slowdown in the company's premium rate growth during the third quarter of the 2025 fiscal year. - read more
Surge in Profits for Australian Insurers Amid Rising Premiums
Surge in Profits for Australian Insurers Amid Rising Premiums
10 Dec 2025: Paige Estritori
In 2024, Australia's insurance industry reported a collective after-tax profit of $6.1 billion, a significant increase from the five-year average of $2 billion. This surge is attributed to substantial premium hikes and a relatively quiet year for natural disasters. - read more

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

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Business Insurance Articles

Cybersecurity Risk Assessment: An Essential Guide for Business Owners
Cybersecurity Risk Assessment: An Essential Guide for Business Owners
In today's digital age, cybersecurity has become a critical concern for businesses of all sizes. The increasing reliance on technology means that cyber threats are more prevalent than ever, making it essential for business owners to understand and manage these risks. - read more
Understanding Business Insurance: How to Safeguard Your Australian Small Business
Understanding Business Insurance: How to Safeguard Your Australian Small Business
Welcome to the elucidative journey through the realm of business insurance and the pivotal role it plays for small businesses in Australia. In the ever-evolving business landscape, having a solid safety net is not merely an option, but a necessity to thrive amidst unforeseen challenges. - read more
Financing Your Business: The Role of Loans and Insurances
Financing Your Business: The Role of Loans and Insurances
Starting a new business is an exciting journey filled with opportunities and challenges. One of the most critical aspects to ensure your venture's success is adequate financing. Whether you're launching a small local shop or a larger enterprise, having a solid financial foundation is essential. - read more
Common Insurance Mistakes Small Business Owners Should Avoid
Common Insurance Mistakes Small Business Owners Should Avoid
Running a small business in Australia comes with its unique set of challenges and risks. One crucial aspect that every small business owner must consider is liability insurance. Liability insurance is designed to protect businesses from various claims and lawsuits that can arise in the course of their operations. Whether it's a customer slipping and falling in a store or a disgruntled employee filing a lawsuit, having the right insurance can provide a financial safety net. - read more
How to Lower Your Insurance Costs Without Sacrificing Coverage
How to Lower Your Insurance Costs Without Sacrificing Coverage
Insurance costs can be a significant expense for businesses in Australia, and it is crucial to understand how they can affect your bottom line. With premiums on the rise, many business owners are looking for ways to cut costs while maintaining the coverage they need to protect their operations. - read more


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Insurance that provides protection from claims arising from injuries or damage to other people or property