Thu, 5th Feb 2026

This podcast episode covers the latest happenings in the Australian insurance market. Up North, strata insurance premiums have risen significantly, and homeowners doubt the federal cyclone reinsurance pool's effectiveness. The episode mentions an 11% surge in home and content premiums and a 7% hike for strata policies. Limited competition and global pressures are forcing residents to seek overpriced offshore insurance solutions. Meanwhile, the south's premium growth is decelerating due to stabilizing inflation. Also, the market's cybersecurity readiness is under scrutiny, as Australian insurers' Preparedness Index is lower compared to global figures. Specified risks include cyber threats and artificial intelligence. A recent roundtable held in Sydney by the Insurance Council of Australia saw discussions on streamlining regulations and addressing emerging risks. These developments aim for more adaptable policies and better coverage to benefit real estate entities. Check out more news on financialservicesonline.com.au.n