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Catastrophe Resilience Report 2025-26
The Insurance Council's annual Insurance Catastrophe Resilience Report uses insurer data and insights to review the last 12 months of declared events and advocate for changes to lessen the impact of future extreme weather events.
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Disaster repairs compete with new homes as rebuild costs surge
The cost of rebuilding homes after extreme weather is rising faster than inflation with the biggest increases concentrated in the materials and trades needed most after disasters, according to new analysis released today by the Insurance Council of Australia.
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Insurers to host suite of consultations for Victorian Bushfires
Insurers will again travel to parts of regional Victoria in coming weeks to meet with policyholders impacted by the severe bushfires that swept across the state in January this year.
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Insurance Council publishes Code review submissions
The Insurance Council of Australia has today published 28 submissions received as part of its review of the General Insurance Code of Practice. The Code sets standards for how insurers engage with their customers and plays a key part in consumer protection.
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APRA Governance Review Consultation Paper
The Insurance Council of Australia (Insurance Council) welcomes the opportunity to respond to the Australian Prudential Regulation Authority’s (APRA) ‘Governance Review Consultation Paper’, consulting on draft Prudential Standard CPS 510 Governance (CPS 510).
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Climate Change Authority – 2026 Annual Progress Advice Consultation Paper
The Insurance Council of Australia (Insurance Council) welcomes the opportunity to provide feedback on the Climate Change Authority's 2026 Annual Progress Advice Consultation Paper. The Insurance Council is the representative body of Australia’s general insurance industry. Our members account for approximately 90 per cent of total premium written by general insurers and reinsurers. As a foundational component of the Australian economy, the general insurance industry writes 90 million policies a year, paying out $58.9 billion in claims in 2025 – an average of $226 million every working day.
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