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Insurance News
Year: Month:

HESTA Announces 12% Reduction in Insurance Fees to Benefit Members HESTA Announces 12% Reduction in Insurance Fees to Benefit Members
08 May 2026: Paige Estritori

HESTA, a prominent Australian superannuation fund, has unveiled a significant reduction in insurance fees, averaging 12% across all cover types. This change is set to take effect from 1 July 2026 and is part of a broader initiative to make insurance more accessible and affordable for its members. - read more
Suncorp's AU$2.4 Billion Reinsurance Deal Sparks 10% Share Surge Suncorp's AU$2.4 Billion Reinsurance Deal Sparks 10% Share Surge
08 May 2026: Paige Estritori

Suncorp, a leading Australian insurer, has successfully secured a substantial reinsurance arrangement valued at up to AU$2.4 billion over five years. This strategic move has positively influenced the company's fiscal 2026 growth projections, resulting in a notable 10% increase in share value. - read more
IAG Reports AU$505 Million Profit Despite Weather-Related Challenges IAG Reports AU$505 Million Profit Despite Weather-Related Challenges
08 May 2026: Paige Estritori

Insurance Australia Group (IAG), a major player in the Australian insurance market, has reported a net profit after tax of AU$505 million for the first half of the 2026 financial year. This figure represents a decline from the AU$778 million recorded in the corresponding period of the previous year, primarily due to severe weather events affecting its recently acquired RACQ Insurance (RACQI) portfolio. - read more
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Trades Insurance Articles

Top Insurance Coverage Options Every Tradesperson Should Consider
Top Insurance Coverage Options Every Tradesperson Should Consider
Whether you're a carpenter, electrician, plumber, or any other type of tradesperson, your work is essential to keeping homes and businesses running smoothly. But have you ever thought about how important insurance is for your trade business? - read more
Protecting Your Trade: Public Liability Insurance Explained
Protecting Your Trade: Public Liability Insurance Explained
Public liability insurance is designed to protect businesses and tradespeople against legal costs and compensation claims for injury or damage to property by a third party. In layman's terms, it covers you if someone sues your business for damages. - read more
How to Choose the Right Insurance for Your Trade Business
How to Choose the Right Insurance for Your Trade Business
Running a trade business in Australia comes with its own set of unique challenges and risks. Whether you're an electrician, plumber, builder, or any other type of tradesperson, protecting your livelihood is crucial. - read more
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Knowledgebase
Insurance Policy:
Broadly, the entire written contract of insurance. More narrowly, the basic written or printed document, as distinguished from the forms and endorsements added thereto.

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