Australian home insurance premiums jump 28% YoY

Share!

Reinsurance News - Aug 14, 2023

According to new research released by the Actuaries Institute, Australian home insurance premiums have jumped by 28% in the past year, the largest increase in two decades, driven by inflation, natural disasters, reinsurance costs, and climate change. The research by the Actuaries Institute found tha...

Read Full Article

Recommended Articles

Capgemini report finds physical AI expected to scale within five years despite deployment barriers

Posted: Apr 16, 2026

Capgemini Research Institute, the research division of the Capgemini, has published the report Physi...

Beazley plans new Marine War insurance consortium to expand market capacity

Posted: Apr 16, 2026

Beazley, a large specialist insurer, has announced plans to establish a new Marine War insurance con...

Marsh CEO Doyle ‘pleased’ with Guy Carpenter’s execution in Q1’26 in spite of headwinds

Posted: Apr 16, 2026

John Doyle, President and Chief Executive Officer (CEO) of global insurance and reinsurance broking...