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    Insurance News

    APRA's New Capital Treatment Reforms for Longevity Products
    APRA's New Capital Treatment Reforms for Longevity Products
    10 Jun 2026: Paige Estritori
    The Australian Prudential Regulation Authority (APRA) has announced significant reforms to the capital treatment of longevity products, including annuities, aimed at bolstering the sustainability and affordability of retirement income products. These changes are set to take effect from 1 July 2026. - read more
    Rising Delays in Income Protection and TPD Claims Processing
    Rising Delays in Income Protection and TPD Claims Processing
    10 Jun 2026: Paige Estritori
    Recent findings from the Life Insurance Code Compliance Committee (Life CCC) have revealed a significant increase in delays related to income protection and Total and Permanent Disability (TPD) claims processing. Violations of the industry's standards on timely income protection payments have surged by 67% in the 2024-25 period, raising concerns about the efficiency and reliability of insurers in supporting claimants during critical times. - read more
    nib and NobleOak Join Forces to Launch New Life Insurance Offerings
    nib and NobleOak Join Forces to Launch New Life Insurance Offerings
    10 Jun 2026: Paige Estritori
    In a significant development for the Australian life insurance market, health fund nib has partnered with NobleOak Life to introduce a suite of new life insurance products. This collaboration aims to provide Australians with enhanced financial protection options, addressing the evolving needs of individuals and businesses alike. - read more
    Significant Delays in Income Protection and TPD Claims Raise Industry Concerns
    Significant Delays in Income Protection and TPD Claims Raise Industry Concerns
    10 Jun 2026: Paige Estritori
    Recent findings from the Life Insurance Code Compliance Committee (Life CCC) have highlighted a concerning trend in the Australian life insurance industry: a significant increase in delays for income protection and Total and Permanent Disability (TPD) claim payments. In the financial year 2024-25, violations of the industry's code regarding timely income protection payments surged by 67% compared to the previous year, affecting a substantial number of policyholders. - read more
    Innovative TPD Insurance Products Aim to Improve Affordability
    Innovative TPD Insurance Products Aim to Improve Affordability
    10 Jun 2026: Paige Estritori
    In response to mounting sustainability pressures and the increasing prevalence of mental health-related claims, several life insurers have introduced innovative Total and Permanent Disability (TPD) insurance products designed to enhance affordability and long-term viability. These developments were highlighted during a panel discussion at the recent Entireti Risk Summit Roadshow events, where insurers outlined their latest product offerings aimed at addressing these critical issues. - read more
    Car Insurance Articles

    Comprehensive Car Insurance: Is It Worth the Investment?
    Comprehensive Car Insurance: Is It Worth the Investment?
    When you're a new driver in Australia, understanding car insurance can be a bit overwhelming. - 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
    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
    The Art of Comparing Car Insurance Quotes for Max Savings in Australia
    The Art of Comparing Car Insurance Quotes for Max Savings in Australia
    Car insurance is a critical component of responsible vehicle ownership in Australia. With roads bustling with diverse traffic, from urban highways to outback tracks, safeguarding your journey becomes indispensable. However, the complex world of car insurance can bewilder even the most astute driver. This article embarks on a quest to demystify the process of comparing car insurance quotes, aiming for not just coverage, but substantial savings too. - read more
    Are Extras Worth the Investment? Unpacking Car Insurance Add-Ons
    Are Extras Worth the Investment? Unpacking Car Insurance Add-Ons
    Car insurance is an essential part of owning a vehicle in Australia, providing financial protection and peace of mind. Standard coverage typically includes protection against collision damage, theft, and various liabilities. However, the world of car insurance doesn’t stop here; enter the realm of 'extras' - additional options that go beyond the basics. - read more

    Knowledgebase
    Aggregate Limit:
    The maximum amount an insurer will pay for all covered losses during a policy period.