JetSki Insurance Online :: News
SHARE

Share this news item!

APRA Highlights Increase in Intermediated General Insurance Premiums

Understanding the Growth in Australia's Insurance Sector

APRA Highlights Increase in Intermediated General Insurance Premiums?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

The Australian Prudential Regulation Authority (APRA) has released its latest statistics, indicating a notable increase in general insurance premiums placed through intermediaries.
This trend reflects the dynamic nature of Australia's insurance landscape and offers insights into the sector's current trajectory.

**Key Findings from APRA's Report**
In the six months leading up to December 31, 2025, the total intermediated premium invoiced reached $22.97 billion. This marks an increase from $21.59 billion in the preceding six months and $22.28 billion in the corresponding period of the previous year. Notably, $18.87 billion of this total was placed with APRA-authorised general insurers, up from $17.66 billion in the prior half-year and $17.97 billion a year earlier.

**Implications for the Insurance Industry**
This upward trend suggests a growing reliance on intermediaries for insurance placements, potentially due to their expertise in navigating complex policies and securing optimal coverage for clients. For insurers, this underscores the importance of fostering strong relationships with intermediaries to tap into this expanding market segment.

**Considerations for Home-Based Business Owners**
For home-based business owners, understanding the role of intermediaries can be crucial. Intermediaries can provide tailored advice, helping businesses identify appropriate coverage options and ensuring compliance with Australian insurance regulations. Engaging with knowledgeable intermediaries may alleviate some of the uncertainties associated with selecting suitable insurance policies.

In conclusion, APRA's latest data highlights a positive trend in the Australian insurance sector, emphasizing the growing significance of intermediaries in facilitating insurance placements. Home-based business owners should consider leveraging these professionals to navigate the complexities of insurance coverage effectively.

Published:Sunday, 12th Apr 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Insurance News

Understanding the Rise in Strata Insurance Premiums Amid Climate Challenges
Understanding the Rise in Strata Insurance Premiums Amid Climate Challenges
12 Apr 2026: Paige Estritori
In recent years, Australia's strata insurance market has experienced notable shifts, primarily driven by escalating climate risks and increasing claims costs. As we move through 2026, these factors continue to influence premium rates and underwriting practices, presenting challenges for owners corporations and strata managers. - read more
Deloitte's Vision: Navigating Australia's Insurance Landscape in 2026
Deloitte's Vision: Navigating Australia's Insurance Landscape in 2026
12 Apr 2026: Paige Estritori
As the Australian insurance sector approaches 2026, Deloitte has released a comprehensive report detailing eight pivotal predictions that are set to reshape the industry. These insights provide a roadmap for insurers to adapt and thrive amidst evolving challenges and opportunities. - read more
APRA Highlights Increase in Intermediated General Insurance Premiums
APRA Highlights Increase in Intermediated General Insurance Premiums
12 Apr 2026: Paige Estritori
The Australian Prudential Regulation Authority (APRA) has released its latest statistics, indicating a notable increase in general insurance premiums placed through intermediaries. This trend reflects the dynamic nature of Australia's insurance landscape and offers insights into the sector's current trajectory. - read more
Deloitte's Forecast: Key Insurance Trends for Australia in 2026
Deloitte's Forecast: Key Insurance Trends for Australia in 2026
12 Apr 2026: Paige Estritori
As the Australian insurance landscape continues to evolve, Deloitte has released its 2026 Insurance Predictions, highlighting pivotal trends that are set to reshape the industry. These insights are particularly relevant for self-employed professionals seeking to understand how these changes may impact their coverage options and risk management strategies. - read more
Strengthening Australia's Fuel Security: Government Empowers Export Finance Australia
Strengthening Australia's Fuel Security: Government Empowers Export Finance Australia
12 Apr 2026: Paige Estritori
In a strategic move to bolster national fuel security, the Australian government has announced amendments to the Export Finance and Insurance Corporation Act. These changes grant Export Finance Australia (EFA) enhanced authority to underwrite additional cargoes of critical imports, including fuel and fertiliser, addressing challenges posed by escalating risk premiums that have been affecting independent importers. - read more


Jetski Insurance Articles

Common Misconceptions About Jet Ski Insurance Debunked
Common Misconceptions About Jet Ski Insurance Debunked
Jet skiing is an exhilarating water sport that offers thrills and adventures. However, like any other activity involving high speeds and open waters, it comes with its own set of risks. - read more
Winterizing Your Jet Ski: Essential Maintenance Tips
Winterizing Your Jet Ski: Essential Maintenance Tips
Owning a jet ski is an exhilarating experience, providing endless fun on the water during the warmer months. However, as temperatures drop, it's crucial to prepare your jet ski for winter storage. Proper winterizing can extend the life of your machine and ensure it's ready for the next season. - read more
Essential Tips for Choosing the Right Jet Ski Insurance Plan in Australia
Essential Tips for Choosing the Right Jet Ski Insurance Plan in Australia
For many Australians, a jet ski is a source of exhilarating aquatic adventures and cherished memories with family and friends. As much as jet ski ownership brings joy and excitement, it carries inherent risks and responsibilities. One crucial aspect of responsible ownership is ensuring that you are adequately protected with the right jet ski insurance coverage. - 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
How to Choose the Best Jet Ski Insurance Policy for Your Needs
How to Choose the Best Jet Ski Insurance Policy for Your Needs
Owning a jet ski is exciting and offers countless hours of fun on the water. However, with the thrill comes the responsibility of ensuring your jet ski is protected. This is where having the right jet ski insurance becomes crucial. - read more

Knowledgebase
Depreciation:
The reduction in the value of an asset over time, used in insurance to calculate the actual cash value of property.