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    Insurance News

    APRA's New Capital Framework for Longevity Products
    APRA's New Capital Framework for Longevity Products
    15 May 2026: Paige Estritori
    The Australian Prudential Regulation Authority (APRA) has recently finalised amendments to its prudential standards concerning the capital treatment of longevity products, including annuities. These reforms aim to bolster the market for retirement income products, providing Australians with more robust financial security in their later years. - read more
    Swiss Re's Strategic Pause on New Life Insurance Business
    Swiss Re's Strategic Pause on New Life Insurance Business
    15 May 2026: Paige Estritori
    Swiss Re Life & Health Australia Limited has announced a temporary suspension of new life insurance business in Australia, effective from October 2025. This decision stems from growing concerns over the sustainability of Total and Permanent Disability (TPD) products within the Australian market. - read more
    Australian Life Insurers' New Mental Health Action Plan
    Australian Life Insurers' New Mental Health Action Plan
    15 May 2026: Paige Estritori
    In response to the escalating mental health crisis, Australian life insurers have committed to developing a comprehensive industry action plan aimed at supporting long-term affordability and sustainability. This initiative seeks to deliver greater clarity, fairness, and transparency for customers dealing with mental health conditions. - read more
    WA Government's Upcoming Exit from AEGIC Partnership
    WA Government's Upcoming Exit from AEGIC Partnership
    15 May 2026: Paige Estritori
    The Western Australian (WA) government has announced its intention to conclude its partnership with the Australian Export Grains Innovation Centre (AEGIC) by June 2026. This decision marks a significant shift in the state's involvement in national grain research and development initiatives. - read more
    Unified Strategy Announced for Sheepmeat and Wool Industries
    Unified Strategy Announced for Sheepmeat and Wool Industries
    15 May 2026: Paige Estritori
    Sheep Producers Australia (SPA) has unveiled plans to develop a comprehensive strategy that encompasses both the sheepmeat and wool sectors. This initiative, supported by federal funding, aims to foster collaboration and drive innovation within the Australian sheep industry. - read more
    Commercial Property Insurance Articles

    Is Commercial Property Insurance mandatory?
    Is Commercial Property Insurance mandatory?
    Commercial property insurance is a type of coverage that protects businesses and their assets from various risks. This insurance safeguards physical properties, including buildings, equipment, inventory, and other essential assets. By having commercial property insurance, businesses can mitigate losses that may occur due to unexpected events. - read more
    How Deductibles Impact Your Commercial Property Insurance Premiums
    How Deductibles Impact Your Commercial Property Insurance Premiums
    When it comes to commercial property insurance, a deductible is the amount of money a policyholder agrees to pay out-of-pocket before the insurance coverage kicks in. This can be a fixed dollar amount or a percentage of the total insured value. Understanding how deductibles work is crucial for any landlord or business owner seeking to protect their assets effectively. - read more
    Beyond the Basics: Essential Add-Ons for Comprehensive Commercial Property Insurance
    Beyond the Basics: Essential Add-Ons for Comprehensive Commercial Property Insurance
    Commercial property insurance is a vital safeguard for businesses and landlords, protecting physical assets from a variety of risks. This type of insurance covers a range of properties, from office buildings to retail spaces, ensuring that in the event of damage or loss, you have financial support to recover your investment. - read more
    The Essential Checklist for Property Investors: Filing a Claim with Confidence
    The Essential Checklist for Property Investors: Filing a Claim with Confidence
    As a property investor, having the right commercial property insurance is vital. It protects your investment against unexpected events, ensuring that your assets are safeguarded. Commercial property insurance covers a range of risks that can lead to significant financial losses, from natural disasters to theft. Understanding the nuances of this insurance is essential for making informed decisions that impact your bottom line. - read more
    Understanding Commercial Property Insurance for Multiple Locations: What Landlords Need to Know
    Understanding Commercial Property Insurance for Multiple Locations: What Landlords Need to Know
    When it comes to owning commercial properties in Australia, understanding the ins and outs of insurance is crucial. Commercial property insurance serves as a safety net, protecting your valuable assets against unforeseen events. It's designed to cover the buildings themselves, as well as any equipment, inventory, and even loss of income due to disruptions. - read more

    Knowledgebase
    Insurance:
    In law and economics, insurance is a form of risk management primarily used to hedge against the risk of potential financial loss.