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Insurance News from Life Insurance Online

Life Insurance Online is pleased to present the latest financial news headlines.

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News items on this page are prepared by our editorial team as summaries of publicly available news reports and official announcements. See linked news sources where available. The following news items are for informational purposes only and are not independent journalism.

Insurance News

ACCC Intensifies Review of IAG's Proposed RAC Insurance Acquisition
ACCC Intensifies Review of IAG's Proposed RAC Insurance Acquisition
05 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, moving the process to a Phase 2 review. This decision reflects concerns that the merger could significantly reduce competition within Western Australia's insurance sector. - read more
ACCC Evaluates Swiss Re's Acquisition of QBE's Trade Credit & Surety Business
ACCC Evaluates Swiss Re's Acquisition of QBE's Trade Credit & Surety Business
05 May 2026: Paige Estritori
Swiss Re International SE's proposal to acquire specific assets from QBE Insurance Holdings, particularly its Trade Credit & Surety business, is currently under review by the Australian Competition and Consumer Commission (ACCC). This evaluation aims to determine the acquisition's potential effects on competition within Australia's insurance sector. - read more
Suncorp Demonstrates Resilience Amid Escalating Natural Hazard Expenses
Suncorp Demonstrates Resilience Amid Escalating Natural Hazard Expenses
05 May 2026: Paige Estritori
Suncorp Group has reported a substantial increase in natural hazard costs for the first half of the 2026 financial year, with expenses rising to AU$1.319 billion from AU$503 million in the corresponding period of the previous year. Despite this significant escalation, the company maintains a strong capital position and a resilient underlying business. - read more
Mirabelle Unveils Lloyd's-Backed Insurance for Renewable Energy Projects
Mirabelle Unveils Lloyd's-Backed Insurance for Renewable Energy Projects
05 May 2026: Paige Estritori
Mirabelle Underwriting has recently introduced a new insurance product specifically designed for renewable energy operations in Australia. This initiative is backed by Lloyd's capacity, ensuring robust support for the burgeoning green energy sector. - read more
NSW Government Proposes Reforms to Strengthen Construction Industry Standards
NSW Government Proposes Reforms to Strengthen Construction Industry Standards
05 May 2026: Paige Estritori
The New South Wales Government has introduced the Fair Trading and Building Legislation Amendment Bill 2026, a legislative initiative designed to bolster consumer protections and elevate standards within the construction industry. - read more
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Life Insurance Articles

Protecting Your Loved Ones: The Role of Life Insurance in Estate Planning
Protecting Your Loved Ones: The Role of Life Insurance in Estate Planning
Estate planning is a process that involves the management and distribution of an individual's assets and responsibilities in the event of their passing or incapacitation. It is an essential part of financial planning that ensures your assets are managed according to your desires and your loved ones are taken care of. - read more
Understanding Life Insurance Needs: A Guide for Australian Families
Understanding Life Insurance Needs: A Guide for Australian Families
Life insurance is a financial product designed to provide peace of mind by offering a safety net for your loved ones in the event of your passing. The primary purpose of life insurance is to ensure that your family is financially protected, allowing them to maintain their standard of living even without your income. - read more
The Impact of Health and Medical History on Insurance Premiums
The Impact of Health and Medical History on Insurance Premiums
Life insurance is a critical component of a sound financial plan. It provides financial security and peace of mind to you and your loved ones, ensuring that they are taken care of in the event of your untimely death. - read more
Life Insurance Essentials: Protecting Your Growing Aussie Family
Life Insurance Essentials: Protecting Your Growing Aussie Family
Life insurance remains one of the most crucial considerations for new parents aspiring to provide a secure future for their growing families. The arrival of a child marks a transformative moment, redefining priorities and responsibilities. At its core, life insurance is a safety net, designed to offer financial protection and stability to loved ones in the event of an unforeseen tragedy. - read more
Covering the Unexpected: A Guide to Trauma Insurance for Australian Families
Covering the Unexpected: A Guide to Trauma Insurance for Australian Families
Trauma insurance, also known as critical illness insurance, is a type of coverage that provides a lump sum payment in the event that the insured suffers from a critical illness or injury. Unlike health insurance, which covers medical expenses, trauma insurance is designed to provide financial protection by helping to cover the additional costs associated with recovery from a severe illness or injury. - read more

Knowledgebase
Liability Insurance:
A type of insurance that provides protection against claims resulting from injuries and damage to people and/or property.

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