Liability Insurance :: News
SHARE

Share this news item!

Australian Insurers See Profit Surge in Q3 2025

Premium Increases and Lower Claims Drive Financial Gains

Australian Insurers See Profit Surge in Q3 2025?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.

In the third quarter of 2025, Australian general insurers reported a significant after-tax profit of nearly AUD 2.3 billion, marking an increase from approximately AUD 2.1 billion in the same period of 2024.
This uptick reflects a combination of rising premium revenues and a reduction in claims, contributing to the industry's robust financial performance.

The net combined operating ratio improved to 82% from 85%, indicating enhanced operational efficiency. Total insurance revenue also saw an increase, reaching AUD 20.1 billion, up from AUD 19.2 billion in the corresponding quarter of the previous year.

For home services business owners, these developments underscore the importance of staying informed about industry trends. The rise in insurer profits may lead to further premium adjustments, affecting the cost of business insurance. It's crucial for business owners to regularly review their insurance policies to ensure they have adequate coverage that aligns with their operational needs and financial capabilities.

Additionally, the improved financial health of insurers could result in more competitive offerings and potentially better terms for policyholders. Engaging with insurance providers to discuss coverage options and staying abreast of market changes can help business owners make informed decisions to protect their enterprises effectively.

Published:Wednesday, 14th Jan 2026
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Insurance News

ICA Advocates for Strata Law Reforms to Address Rising Insurance Costs in Victoria
ICA Advocates for Strata Law Reforms to Address Rising Insurance Costs in Victoria
03 Mar 2026: Paige Estritori
The Insurance Council of Australia (ICA) has recently called for substantial reforms to Victoria's strata legislation, citing a direct correlation between inadequate governance and escalating insurance premiums for residents. With approximately one in five Victorians residing in strata-titled properties, the need for effective management and oversight has become increasingly critical. - read more
CHU's 2025 Report Shows Stability in Strata Insurance Premiums Amid Climate and Regulatory Shifts
CHU's 2025 Report Shows Stability in Strata Insurance Premiums Amid Climate and Regulatory Shifts
03 Mar 2026: Paige Estritori
CHU, Australia's leading strata insurance underwriting agency, has released its 2025 State of the Strata Market report, providing a comprehensive analysis of the current state of the industry. The report offers valuable insights into premium movements, the impact of weather events, regulatory developments, and emerging risks affecting strata insurance. - read more
PICA Group Highlights Potential Risks to Strata Industry Viability
PICA Group Highlights Potential Risks to Strata Industry Viability
03 Mar 2026: Paige Estritori
Bobby Lehane, CEO of PICA Group, has issued a cautionary statement regarding the future of the strata management sector in Australia. He emphasized that eliminating insurance commissions could pose a significant threat to the industry's viability, drawing parallels to the challenges faced by the aged care sector. - read more
Significant Increase in Private Health Insurance Premiums Announced for 2026
Significant Increase in Private Health Insurance Premiums Announced for 2026
03 Mar 2026: Paige Estritori
Australian private health insurance premiums are set to rise by an average of 4.41% from April 2026, marking the most substantial increase since 2017. This adjustment reflects the escalating costs associated with medical and hospital services, which have risen by 5% over the past financial year. - read more


Business Insurance Articles

How to Lower Public Liability Insurance Premiums Without Sacrificing Coverage
How to Lower Public Liability Insurance Premiums Without Sacrificing Coverage
In the ever-evolving landscape of Australian commerce, business insurance stands as a crucial bulwark, safeguarding enterprises against unforeseen financial perils. Recognizing this, our in-depth exploration begins with an overview of the monumental role business insurance plays for Australian companies, both large and small. It's a cornerstone for risk management, providing business owners with peace of mind as they navigate the intricacies of their industries. - read more
How to Assess Your Risk Exposure and Select the Right Indemnity Coverage
How to Assess Your Risk Exposure and Select the Right Indemnity Coverage
Professional indemnity insurance stands as a pivotal safeguard for Australian professionals navigating the intricacies of liability in their work life. This form of insurance is designed to protect professionals against legal costs and claims for damages arising from acts, omissions, or breaches of professional duty in the course of their practice. Whether it's due to an honest mistake or an unforeseen error, the ramifications of such professional oversights can be financially crippling. - read more
The Top 5 Risks Small Businesses Face and How to Mitigate Them
The Top 5 Risks Small Businesses Face and How to Mitigate Them
Running a small business can be both rewarding and challenging. One of the key challenges is the variety of risks that can arise unexpectedly. These risks can range from financial uncertainties to operational hiccups, each potentially impacting your business's success. Understanding these risks and preparing for them is crucial for the longevity and sustainability of any small enterprise. - read more
The Essential Guide to Liability Insurance for Freelancers
The Essential Guide to Liability Insurance for Freelancers
Liability insurance is a type of coverage designed to protect you from claims arising out of injuries or damages to other people or property. For freelancers, who often juggle multiple projects and clients, liability insurance can offer a safety net that reduces financial risk and instability. - read more


Start Here !
Start here!
Cover Amount:
Postcode:

All quotes are provided free and without obligation by a specialist from our national broker referral panel. See our privacy statement for more details.


Knowledgebase
Insurance Deductible:
That part of an insurance claim that must be paid by an insured person before the the balance is paid by the insurer.