Income Protection NZ is pleased to present the latest financial news headlines.
To read an entire news item, simply click on the headline.
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.
QBE Insurance has announced significant enhancements to its commercial landlord insurance offerings, introducing new add-ons designed to provide brokers with more comprehensive tools to support their clients. These strategic enhancements aim to address the evolving needs of property investors and landlords in Australia. - read more
Hutch Underwriting has launched a new landlord insurance product tailored for the Australian market, featuring built-in cyber protection to address the growing digital risks faced by property owners. This innovative policy is available through the Steadfast Client Trading Platform and Ebix Sunrise Exchange, offering streamlined access for brokers and intermediaries. - read more
Canstar, a leading financial comparison site, has announced the winners of its 2026 Landlord Insurance Awards, recognizing providers that offer outstanding value to Australian property investors. The awards assess a range of factors, including cost, coverage options, and customer service, to help landlords make informed decisions about their insurance needs. - read more
The Australian Prudential Regulation Authority (APRA) has imposed an additional $2 million capital requirement on Sovereign Insurance Australia (SIA), citing significant deficiencies in the insurer's risk management framework and regulatory reporting practices. This action underscores the critical importance of robust risk management within the insurance industry. - read more
The Australian commercial insurance market has maintained its soft stance throughout the first half of 2026, presenting advantageous conditions for buyers. This trend is characterized by stable or declining premiums, expanded insurer capacity, and increased competition across various insurance lines. - read more
The Australian Government's 2026-27 Federal Budget, presented by Treasurer Jim Chalmers, introduces several measures with direct implications for the insurance sector. These initiatives aim to address challenges such as property insurance costs and underinsurance, while certain omissions have raised questions within the industry. - read more
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.
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Knowledgebase
Insurance Deductible: the amount that an insured is required to contribute toward an insurance claim as stipulated in an insurance policy. Otherwise known as the "policy excess".