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Insurance News from Income Insurance Online

Income Insurance Online 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.

Insurance News

NSW Introduces Strata Law Reforms to Strengthen Community Protections
NSW Introduces Strata Law Reforms to Strengthen Community Protections
06 Jun 2026: Paige Estritori
The New South Wales (NSW) Government has initiated a series of reforms to modernise strata regulations, aiming to bolster transparency and accountability within strata management. These changes are designed to provide greater protection for property owners and enhance the governance standards of strata schemes. - read more
EML Group's Strategic Acquisition of Guild Insurance
EML Group's Strategic Acquisition of Guild Insurance
06 Jun 2026: Paige Estritori
In a significant move within the Australian insurance landscape, EML Group has acquired a 70% stake in Guild Insurance. This strategic partnership is poised to unlock new growth avenues and accelerate the development of technological and artificial intelligence capabilities within the industry. - read more
APRA's Enhanced Capital Requirement for Sovereign Insurance Australia
APRA's Enhanced Capital Requirement for Sovereign Insurance Australia
06 Jun 2026: Paige Estritori
The Australian Prudential Regulation Authority (APRA) has mandated an additional $2 million capital requirement for Sovereign Insurance Australia, citing significant deficiencies in the company's risk management framework and operational risk management practices. - read more
IAG's Strategic Vision: Ambition 2030 Targets $25 Billion GWP
IAG's Strategic Vision: Ambition 2030 Targets $25 Billion GWP
06 Jun 2026: Paige Estritori
Insurance Australia Group (IAG) has unveiled its 'Ambition 2030' strategy, setting a goal to achieve over $25 billion in gross written premium (GWP) by the year 2030. This ambitious plan also includes expanding its customer base to more than 11 million individuals. The announcement was made during IAG's Investor Day in Sydney, where the company outlined its refreshed long-term financial targets and strategic initiatives. - read more
Regulators Target Sustainability in TPD Insurance Products
Regulators Target Sustainability in TPD Insurance Products
06 Jun 2026: Paige Estritori
The Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) are intensifying efforts to address sustainability issues within Total and Permanent Disability (TPD) insurance products. During a recent roundtable discussion, both regulators emphasized the need for life insurers to manage challenges arising from TPD offerings across retail and group insurance channels. - 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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Life Insurance Articles

Income Protection vs. Life Insurance: What's Best for You?
Income Protection vs. Life Insurance: What's Best for You?
Financial protection is an essential aspect of sound financial planning. It ensures that you and your family are safeguarded against unexpected events that could lead to financial hardship. Two common types of financial protection are income protection insurance and life insurance. - read more
5 Key Factors to Consider When Shopping for Income Protection in Australia
5 Key Factors to Consider When Shopping for Income Protection in Australia
Welcome to our comprehensive guide on securing your financial future in Australia. In a world of uncertainties, income protection insurance plays a critical role in maintaining your financial security and peace of mind. - read more
Deciphering Your Policy: A Beginner's Guide to Insurance Terminology
Deciphering Your Policy: A Beginner's Guide to Insurance Terminology
Welcome to the world of insurance – a domain where words like 'deductible' and 'premium' can significantly impact your financial protection and peace of mind. As a beginner, grasping the basics of insurance terminology is the first step towards making informed decisions about the policies that safeguard your assets and future. In this guide, we will embark on a journey through the language of insurance, which can often seem as complex as the policies themselves. - read more
How to Compare Income Protection Insurance for Self-Employed Australians
How to Compare Income Protection Insurance for Self-Employed Australians
For self-employed Australians, the financial stability provided by consistent income is the backbone of both personal and business success. Unlike traditional employees, who might have access to sick leave or employer-sponsored disability benefits, self-employed individuals are solely responsible for their financial security in the event of illness or injury. This is where income protection insurance steps in as a crucial safeguard. - read more
Combining Financial Security and Affordability: Income Protection for Australians Explained
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Financial security is a cornerstone of peace of mind, particularly when life is known for its unpredictability. This introductory section sheds light on the vital nature of income protection insurance and its role in safeguarding Australians' financial well-being. Ensuring continual financial inflow during times of illness or injury not only offers stability but also protects one's standard of living. - read more

Knowledgebase
Liability Insurance:
Insurance that provides protection from claims arising from injuries or damage to other people or property