Insurance Business Australia

3 days ago | insurancebusinessmag.com | Daniel Wood

Insurance News By Jun 06, 2025 Share More Australians than ever are health and fitness conscious. Reports show that the fitness business, fuelled by this cultural change, has experienced strong growth over the last decade. One industry report says half of young Australians “regularly” visit a gym or health centre. After struggling through COVID-19 pandemic closures and a tough economy, the growth prospects for gyms and fitness centres are more positive.

4 days ago | insurancebusinessmag.com | Ramon Berenguer

Guides By Jun 05, 2025 Share Updated: June 5, 2025  Tenant insurance is not legally required, but it is a type of coverage that insurance professionals would strongly recommend to renters. Not only does this type of policy offer financial protection for renters’ personal belongings, it also covers financial liability. Landlords’ insurance, meanwhile, does not extend to tenants’ personal possessions, further enhancing the need for this form of coverage.

4 days ago | insurancebusinessmag.com | Jonalyn Cueto

Insurance News By Jun 05, 2025 Share AXA Hong Kong and Macau has launched the Max Goal II Insurance Plan (Max Goal II), which features a guaranteed breakeven period of five years and a series of options for wealth distribution and inheritance. The plan is designed to provide flexible financial planning tools for policyholders and their families. According to AXA, the guaranteed cash value at the start of the policy equals 81% of the single premium.

4 days ago | insurancebusinessmag.com | Daniel Wood

Cyber By Jun 05, 2025 Share CFC Underwriting, a global agency with a focus on cyber insurance, recently wrapped its cyber roadshows in Australia. One aim of the Sydney and Melbourne events was to help brokers respond to the current cyber challenges facing SME clients. The Q&A sessions also offered insights into the top cyber concerns of local brokers.

4 days ago | insurancebusinessmag.com | Kenneth Araullo

Workers Comp By Jun 04, 2025 Share The Travelers Companies has released its 2025 Injury Impact Report, analyzing workers compensation claims filed over the past decade. Drawing from more than 2.6 million claims, the report compares data from the five years before the COVID-19 pandemic to the five years following, highlighting shifting trends in workplace injury frequency and associated costs.