APRA Data Reveals Steady Performance in General Insurance Intermediaries
APRA Data Reveals Steady Performance in General Insurance Intermediaries
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The Australian Prudential Regulation Authority (APRA) has released its latest bi-annual report on intermediated general insurance, providing insights into market activity for the six months ending June 2025.
The data indicates a stable performance among general insurance intermediaries, with total premiums invoiced through intermediaries reaching $21.5 billion.
Of this, $17.6 billion was placed with APRA-authorized general insurers, $2.6 billion with Lloyd’s underwriters, and $1.3 billion with unauthorized foreign insurers.
While these figures reflect a slight decrease from the previous half-year, when total premiums invoiced stood at $22.3 billion, the number of intermediaries participating in the market increased to 1,740, up from 1,717 in December 2024. This suggests a resilient and competitive intermediary sector within Australia's general insurance market.
For real estate professionals, understanding the dynamics of the insurance intermediary market is essential. Intermediaries play a crucial role in facilitating access to tailored insurance products that meet the specific needs of real estate agents, property managers, and agency owners. Engaging with knowledgeable intermediaries can help navigate the complexities of insurance coverage, ensuring adequate protection against potential risks associated with the real estate industry.
Published:Thursday, 12th Mar 2026 Source: Paige Estritori
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Claim: A formal request made by the policyholder to the insurance company for payment of a loss covered by the insurance policy.
