Household insurance ‘remains unprofitable’ in Northern Australia, finds the Australian Competition and Consumer Commission

30-07-2019

Household insurance ‘remains unprofitable’ in Northern Australia, finds the Australian Competition and Consumer Commission

iStock/BrianAJackson

An inquiry examining Northern Australia’s insurance market has confirmed that providing household policies in the region “remains unprofitable for insurers”.


Household insurance, North Australia, Australian Competition and Consumer Commission, Catastrophe, Losses

Intelligent Insurer