Published
On 22 July 2025, the ACCC released its fourth report as required under the Competition and Consumer (Prices Monitoring—General Insurance Policies) Direction 2022.
The report finds that the government’s cyclone reinsurance pool has moderated rises in insurance premiums for Australian households and small businesses facing medium to high risk of cyclone. Consistent with its intent, the benefits of the pool have been more pronounced in the highest cyclone risk areas, with some policyholders receiving large premium reductions. We also found that premiums remain very high for many consumers and are generally rising in most parts of the country and concerns around affordability remain.
This is the first monitoring report that assesses the pool with all eligible insurers participating in it. All large insurers have now been covered by the pool for at least 12 months. With a greater proportion of customers of large insurers now experiencing ‘post-pool pricing’, we now have a more complete picture of the potential of the pool to achieve its intended outcomes.
In this report we provide, for the first time, an additional data appendix. This data appendix sets out descriptive statistics and additional measures on a national basis for insurance premiums, insurer costs and profitability. These include inflation-adjusted figures for year-to-year premium and costs trends. We have also provided an additional supplementary spreadsheet which provides the information shown in Figure 5.1 of Chapter 5.
Supplementary data
Supplementary spreadsheet with data for Figure 5.1 - Insurance monitoring report 2025 ( XLSX 24.26 KB )
For more information view the Insurance monitoring page.