Section: Electronic documentsTitle: Australia's non-life insurance segment : navigating growth in a volatile landscape / Chee Yun; Cynthia Ang and Jason HopperAuthor: Chee YunPublication: New Jersey : A.M. Best Company, 2026Physical description: 7 p.Series: (Best's Market Segment Report ; April 20, 2026)Notes: Sumario: Market Segment Report analyzing Australia's non-life insurance industry through FY2025. The report finds the segment remains dominant and resilient, supported by higher premium rates, strong investment returns, and relatively benign catastrophe losses. Top insurers delivered double-digit growth in pre-tax income, with combined ratios under 100% indicating underwriting profitability. Investment income rose amid high interest rates and strong equity performance. GWP reached AUD 81.5 billion, led by short-tail property lines, while cyber insurance continued rapid growth. Premium rate increases moderated in 2025 but affordability pressures persist, prompting government initiatives (CRP, HIP) and resilience investments. Regulatory oversight is strengthening via CPS 230 (operational risk), FAR expansion to insurers, and reinsurance framework modernization.This includes: Non-Life Insurance Remains a Dominant and Resilient Force -- Factors Driving Improved Profitability -- Investment Returns Continue to Support Insurers' Earnings -- Sustained Growth in Gross Premiums -- Upward Pressure on Premium Rates Shows Signs of Moderation -- Continued Efforts to Address Insurance Affordability -- Robust Regulatory Oversight to Support Insurance Industry ResilienceMateria / lugar / evento: Mercado de segurosProperty-casualtyPrimasCatástrofes naturalesSupervisión de segurosAustraliaOtros autores: Cynthia AngJason HopperA.M. Best CompanyOther categories: 219Rights: In Copyright (InC)
