Your insurance news briefing, every Tuesday

The weekly email covering the biggest stories across the entire Australian insurance landscape. Car insurance, CTP, home & contents, strata, life, TPD, income protection, regulatory actions, enforceable undertakings, underwriting — if it's happening in insurance, it's here. No ads, no spam.

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Cover Weekly · Tuesday, 2 June 2026

📋 APRA flags TPD sustainability concerns + insurer results roundup

APRA warns on TPD sustainability as mental health claims surge

APRA's Jane Magill told the All Actuaries Summit that TPD insurance is being tested by a sharp rise in mental health claims — now one in three claims paid, with mental health claims for people in their 30s up over 700% in the past decade.

ASIC releases updated claims handling guidance

ASIC's latest guidance on claims handling practices imposes stricter timeframes on insurers for acknowledging and resolving claims, with a focus on transparency and fair outcomes for policyholders.

Life insurance premium movements: what changed in Q1

Premium rates for retail life insurance saw modest adjustments in Q1 2026. Group insurance rates remain under pressure as reinsurers tighten terms across income protection and TPD lines.

General insurance profitability improves but cost pressures remain

Australian general insurers reported improved combined ratios in FY25 though natural catastrophe costs and rising reinsurance premiums continue to challenge underwriting profitability.

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Frequently asked

Who is this for?

Insurance professionals, brokers, financial advisers, underwriters, claims managers, and anyone who needs a quick weekly update across the entire Australian insurance industry — personal lines, commercial lines, life, and regulatory developments.

How long does it take to read?

About 5 minutes. We keep it tight — headlines, context, and what it means for the industry.

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