Mon, 16th Mar 2026

In this week's Insurance News Wrap, Paige Estritori highlights CHU's State of the Strata Market report, demonstrating stability with a 2.8 percent growth in insurance premiums and effective risk management amid severe weather events. The report also emphasises the emerging threat of lithium-ion battery fires and discusses necessary adaptations. In the fitness space, AIA Australia's new partnerships with Peloton and Specialized promise discounted cycling gear and rewards for healthy living. However, the health insurance landscape is stirring, with premiums predicted to rise by 4.4 percent from April, urging Australians to revisit their coverage. Nevertheless, $4.8 billion was refunded to policyholders due to reduced healthcare access during pandemic lockdowns, signifying insurer accountability and the need for policyholders to stay informed and reassess their benefits as the post-pandemic era unfolds.