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    Insurance News

    APRA Enforces New Licence Conditions on Fiducian
    APRA Enforces New Licence Conditions on Fiducian
    19 May 2026: Paige Estritori
    The Australian Prudential Regulation Authority (APRA) has recently imposed additional licence conditions on Fiducian Portfolio Services Limited (Fiducian) to address significant concerns regarding its investment governance frameworks and board effectiveness. This action underscores APRA's commitment to ensuring robust oversight within the superannuation sector. - read more
    Australia Bans Use of Genetic Test Results in Life Insurance Underwriting
    Australia Bans Use of Genetic Test Results in Life Insurance Underwriting
    19 May 2026: Paige Estritori
    In a landmark move, the Australian Parliament has passed legislation prohibiting life insurers from using adverse genetic test results in their underwriting processes. This reform is set to take effect on 8 October 2026, marking a significant step towards eliminating genetic discrimination in the insurance industry. - read more
    Zurich Australia Announces Acquisition of ClearView Wealth
    Zurich Australia Announces Acquisition of ClearView Wealth
    19 May 2026: Paige Estritori
    Zurich Financial Services Australia has announced its agreement to acquire ClearView Wealth for approximately A$415 million. This strategic acquisition is poised to enhance Zurich's footprint in the Australian life insurance sector, combining its robust capital foundation with ClearView's established product and advisory relationships. - read more
    APRA's Updated Capital Framework: A Boost for Longevity Products
    APRA's Updated Capital Framework: A Boost for Longevity Products
    19 May 2026: Paige Estritori
    The Australian Prudential Regulation Authority (APRA) has recently refined its capital framework for longevity products, including annuities, aiming to foster innovation and enhance financial security for retirees. This move is part of APRA's ongoing efforts to create a supportive environment for the development of products that provide Australians with stable income streams during retirement. - read more
    Regulatory Review: Life Insurers' Progress on Premium Practices
    Regulatory Review: Life Insurers' Progress on Premium Practices
    19 May 2026: Paige Estritori
    The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have provided an update on their joint review of life insurance premium practices. This review was initiated in response to concerns that frequent and substantial premium increases may not align with policy terms or policyholder expectations. - read more
    Car Insurance Articles

    Understanding Insurance Jargon: A Guide for Comparing Online Quotes
    Understanding Insurance Jargon: A Guide for Comparing Online Quotes
    Insurance jargon refers to the specialized terminology and phrases used within the insurance industry. These terms can often be confusing and complicated for those not familiar with the field. - read more
    Car Insurance Savings: Tactics Aussies Can Use for Lowering Their Premiums
    Car Insurance Savings: Tactics Aussies Can Use for Lowering Their Premiums
    Car insurance is an essential aspect of vehicle ownership for Australians, providing financial protection in case of accidents, theft, and other unforeseen events. As with any form of insurance, the premiums you pay can vary widely, so understanding the factors that influence these costs is critical. - read more
    Why Customisation Matters: Tailoring Car Insurance to Fit Your Needs
    Why Customisation Matters: Tailoring Car Insurance to Fit Your Needs
    Car insurance customisation refers to the process of tailoring an insurance policy to fit the specific needs and circumstances of an individual driver or business. Unlike standard, one-size-fits-all policies, customised car insurance allows for the inclusion and exclusion of coverage options based on the unique requirements of the insured party. - read more
    How Your Driving Habits Affect Your Car Insurance Premiums
    How Your Driving Habits Affect Your Car Insurance Premiums
    Car insurance premiums are the amounts paid regularly to maintain an active car insurance policy. These payments can be made on a monthly, quarterly, or annual basis, depending on the terms agreed upon with your insurance provider. - read more
    Don’t Let These Hidden Costs Drain Your Car Insurance Budget
    Don’t Let These Hidden Costs Drain Your Car Insurance Budget
    Car insurance is an essential expenditure for any vehicle owner, but are you truly aware of all the costs involved? Many Australians focus solely on the premiums, overlooking additional charges that can significantly impact their budget. Understanding these hidden costs is crucial to avoid an unpleasant surprise. - read more

    Knowledgebase
    Term Life Insurance:
    A life insurance that provides a cover for a specific period of time - usually one to five years or until the insured reaches age 65 or 70.