In the general insurance sector, industry revenue reached $20.1 billion in the September 2025 quarter, up from $19.7 billion in June 2025 and $19.5 billion in December 2024. Insurance service expenses remained steady at $14.3 billion, while reinsurance premiums allocated for the period were $4.3 billion, with amounts recoverable from reinsurers totaling $1.3 billion. These figures indicate a stable capital position within the general insurance industry, despite the challenges posed by natural disasters and economic fluctuations.

The life insurance sector also experienced changes, with shifts in revenue and coverage trends. While specific figures were not detailed in the report, the data suggests a need for life insurers to adapt to evolving market conditions and consumer demands.

Private health insurance saw adjustments in coverage and capital, reflecting the ongoing impact of healthcare costs and regulatory changes on the sector. Insurers in this space are encouraged to monitor these trends closely to ensure they continue to meet the needs of policyholders effectively.

Overall, APRA's latest data underscores the importance for insurers across all sectors to remain agile and responsive to the evolving market dynamics, ensuring they maintain financial stability while meeting the diverse needs of Australian consumers.

Author: Paige Estritori
Published: Thursday 19th March, 2026

Please Note: If this information affects you or is relevant to your circumstances, seek advice from a licensed professional.

Share this article: