Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

Oct 2026

Market Profile


Australia

APRA's new regulations to aid market discipline and sustainable growth

The Australian Prudential Regulation Authority (APRA) has rolled out several targeted regulatory changes in 2026 aimed at balancing market discipline, financial safety, and sustainable growth across the insurance sector.
 

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Australia's reinsurers navigate falling prices and rising climate stress

Australia’s softer reinsurance market is giving insurers greater access to catastrophe capacity but rising weather-related losses and widening insurance affordability gaps are creating tougher underlying risks.
 

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ARPC's cyclone pool passes its first real stress test

Three years after the Australian Reinsurance Pool Corporation (ARPC) began writing cyclone risk, the scheme has faced its first real test of scale, and according to its leadership, passed it.
 


Favourable winds in general insurance and regulatory shifts in life segment define market

Even as accessibility and affordability presented challenges across Australia’s life insurance sector, the general segment enjoyed favourable winds across cyber and property. Additionally, property insurers benefitted from a benign Nat CAT year. 
 

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Siloed data unintentional, but make outsized impacts on insurers

One of the biggest gaps revealed in risk strategy was disconnected systems and data silos, causing underwriting, claims and finance departments to operate with isolated data.
 

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Climate change driven complex risk scenarios require innovative solutions

Several factors contribute to the rising risk of natural hazards in Australia, resulting in increasing insurance costs and affordability challenges for communities at large.
 

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Australia's InsurTech segment is maturing sustainably

Having moved past the initial hype and post-COVID investment booms, Australia’s InsurTech sector is now navigating technology adoption, governance structures that enable accountability and workforce development that closes the skills gap.
 

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AI continues to drive Australia's digital transformation

Digital transformation remains a focal point of Australia’s insurance landscape, from a shift between generative AI to agentic AI, and now building AI into core operations.
 

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Brokers: Admirable performance and satisfactory service keeps them relevant

Despite a few challenges like talent scarcity, climate change and competition from online platforms, Australian insurance brokers have always been up to the mark.
 

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Satellite data transforms parametric (re)insurance solutions

A pioneering building-level parametric wildfire insurance solution aims to close the protection gap among both communities affected by worsening bushfires in Australia, as well as between cedant and reinsurer.
 

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