Скачать или смотреть Australia's Insurance Market Softens: Intense Competition Lowers Property Rates

Australia insurance market competition intensifies softening property sector
Discover how Australia's insurance market is entering a softening phase with increased competition driving down rates in property and financial lines. Insights from WTW's Global Marketplace Insights Pacific podcast reveal up to 20% rate reductions in property insurance due to influx of local and international capacity. Experts Trent Williams and Ollie Moore discuss stable deductibles, insurer profits at QBE Suncorp AIG, and expected further rate cuts through 2025. In casualty liability and financial lines like D&O and professional indemnity, buyers enjoy favorable terms but should negotiate broader coverage while checking insurer reliability. Competition remains strong into 2026 as the market balances. Learn key trends in Australia insurance market, property insurance rates, financial lines coverage, and WTW market analysis for buyers and insurers. Stay informed on insurance industry developments in Australia with this in-depth breakdown.