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Insurance News

Suncorp's Strategic Reinsurance Move to Bolster Financial Stability
Suncorp's Strategic Reinsurance Move to Bolster Financial Stability
06 May 2026: Paige Estritori
Suncorp has recently finalised a substantial reinsurance agreement valued at AU$2.4 billion, spanning five years. This strategic move is designed to cap natural hazard costs in approximately 90% of scenarios, thereby enhancing the company's financial resilience. - read more
IAG's Steadfast Profit Targets Amidst Acquisition Challenges
IAG's Steadfast Profit Targets Amidst Acquisition Challenges
06 May 2026: Paige Estritori
Insurance Australia Group (IAG) has reported a net profit after tax of AU$505 million for the first half of the 2026 financial year, a decrease from AU$778 million in the same period of 2025. This decline is primarily attributed to the AU$174 million impact from severe weather events immediately following the acquisition of RACQ Insurance (RACQI), which occurred before the business was integrated into IAG's comprehensive reinsurance program in January 2026. - read more
ACCC's In-Depth Review of IAG's Proposed RAC Insurance Acquisition
ACCC's In-Depth Review of IAG's Proposed RAC Insurance Acquisition
06 May 2026: Paige Estritori
The Australian Competition and Consumer Commission (ACCC) has escalated its scrutiny of Insurance Australia Group's (IAG) proposed acquisition of RAC Insurance, announcing a Phase 2 review to assess potential competition concerns within Western Australia's insurance market. - read more
Bupa's 2026 Health Insurance Premiums to Rise by 4.8% from April
Bupa's 2026 Health Insurance Premiums to Rise by 4.8% from April
06 May 2026: Paige Estritori
Bupa Australia has announced a 4.8% increase in health insurance premiums, effective from April 1, 2026. This adjustment, approved by the Federal Health Minister, reflects the rising costs associated with healthcare services and the growing demand for medical treatments. - read more
Suncorp's Strategic Reinsurance Placement Spurs 10% Share Price Surge
Suncorp's Strategic Reinsurance Placement Spurs 10% Share Price Surge
06 May 2026: Paige Estritori
Suncorp has successfully secured up to AU$2.4 billion in reinsurance protection over a five-year period, leading to a significant 10% surge in its share price. This strategic move aims to cap natural hazard costs in approximately 90% of scenarios, thereby enhancing the company's fiscal 2026 growth outlook. - read more
Jetski Insurance Articles

Why Comprehensive Jet Ski Insurance Matters for Every Aussie Owner
Why Comprehensive Jet Ski Insurance Matters for Every Aussie Owner
Jet skiing is rapidly becoming one of Australia's favourite pastimes, offering adrenaline-pumping fun in the sun for adventure enthusiasts across the nation. With our beautiful coastlines and an abundance of waterways, it's no wonder more Aussies are taking to the waves on these powerful machines. Jet skis present a unique blend of excitement and freedom, making them a sought-after choice for individuals looking to make the most of the Australian lifestyle. - read more
DIY Jet Ski Maintenance: Simple Steps to Keep Your Watercraft in Top Shape
DIY Jet Ski Maintenance: Simple Steps to Keep Your Watercraft in Top Shape
The thrill of slicing through the waves on a Jet Ski holds a special allure for many Aussies. But as any seasoned rider will tell you, the key to uninterrupted fun on the water lies in consistent maintenance. Not only does this ensure your Jet Ski remains in peak condition, but it also extends its life, enhances safety, and can save you a bundle on potential repairs. - read more
The Importance of Comprehensive Coverage for JetSki Owners in Australia
The Importance of Comprehensive Coverage for JetSki Owners in Australia
JetSkis have become increasingly popular in Australia, gracing our stunning coastlines and lakes with their thrilling presence. For many, owning a JetSki represents freedom, adventure, and a gateway to unforgettable experiences on the water. - read more
10 Common Jet Ski Maintenance Mistakes and How to Avoid Them
10 Common Jet Ski Maintenance Mistakes and How to Avoid Them
Maintaining your jet ski is an essential task that goes beyond keeping it looking great; it's about ensuring its longevity and, most importantly, your safety on the water. Every enthusiast knows that the thrill of cutting through the waves comes with the responsibility of regular upkeep. Neglecting maintenance can lead to breakdowns, or worse, hazardous situations at sea that could have been easily avoided. - read more
Why Jet Ski Insurance is Crucial for Australian Enthusiasts
Why Jet Ski Insurance is Crucial for Australian Enthusiasts
Jet skiing is immensely popular in Australia, where the expansive coastlines and beautiful waterways offer the perfect setting for thrilling aquatic adventures. - read more

Knowledgebase
Term Life Insurance:
A form of life insurance that is a pure protection policy with no cash or maturity value which lasts for a specific length of time, called a term.