Cyber Insurance Online :: News
SHARE

Share this news item!

Insights from CHU's 2025 Strata Market Report

Exploring Key Trends and Challenges in the Australian Strata Industry

Insights from CHU's 2025 Strata Market Report?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

CHU, Australia's leading strata insurance underwriting agency, has released its 2025 State of the Strata Market report, providing a comprehensive analysis of the current trends and challenges within the strata industry.
The report offers valuable insights into premium trends, climate-related risks, regulatory developments, and emerging sector challenges.

One of the key findings is the stability of strata insurance premiums. In the year leading up to June 2025, premiums increased by a modest 2.8%, averaging $981 per lot annually. This is in stark contrast to house insurance premiums, which surged by 14% during the same period. The report attributes this stability to the collective nature of strata properties, which can distribute risk more effectively than standalone houses.

However, the report also highlights the growing impact of climate-related events on the strata sector. The first half of 2025 saw a series of significant weather events, including Tropical Cyclone Zelia and widespread flooding across multiple states. These events underscore the need for strata communities to enhance their resilience and implement effective risk mitigation strategies.

Regulatory reforms are another focal point of the report. Several states have introduced measures aimed at improving transparency and accountability within the strata sector. For instance, New South Wales has implemented stricter disclosure requirements for strata managers, while Western Australia is moving towards professionalisation of strata management with proposed Certificate IV qualifications and defined role structures. These reforms are designed to enhance consumer protection and ensure higher standards of service within the industry.

Looking ahead, the report anticipates that affordability, climate resilience, and regulatory compliance will remain central themes for the strata sector. With major reforms scheduled in various states and ongoing assessments of climate-related risks, the industry is poised for continued evolution. Strata communities are encouraged to stay informed and proactive in adapting to these changes to ensure the long-term sustainability and resilience of their properties.

Published:Thursday, 12th Mar 2026
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Insurance News

The Financial Perils of Travelling Uninsured: A Wake-Up Call for Australians
The Financial Perils of Travelling Uninsured: A Wake-Up Call for Australians
12 Mar 2026: Paige Estritori
Recent research has unveiled a concerning trend: 14% of Australian travellers embark on international journeys without any form of travel insurance. This statistic is even more alarming among younger travellers under 30, with nearly one in four opting to travel uninsured. Such decisions expose individuals to significant financial risks, especially when unforeseen events occur abroad. - read more
IAG CEO Predicts Ongoing Insurance Premium Rises
IAG CEO Predicts Ongoing Insurance Premium Rises
12 Mar 2026: Paige Estritori
Insurance Australia Group (IAG) has reported a significant 91% increase in net profit for the first half of the 2025 financial year, reaching $778 million. This surge is largely attributed to favourable weather conditions and a reduction in claims. Despite this positive financial performance, IAG's CEO, Nick Hawkins, has indicated that insurance premiums are expected to continue rising, albeit at a slower pace than in previous years. - read more
APRA Data Reveals Steady Performance in General Insurance Intermediaries
APRA Data Reveals Steady Performance in General Insurance Intermediaries
12 Mar 2026: Paige Estritori
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. - read more
Café's Storm Damage Claim Reduced Due to Underinsurance
Café's Storm Damage Claim Reduced Due to Underinsurance
12 Mar 2026: Paige Estritori
In a recent case, a café and catering business faced significant financial challenges after a storm forced its closure. The establishment ceased operations on August 28, 2024, and resumed on January 24, 2025, following repairs approved by their insurer, Suncorp. The insurer compensated the business with $280,570 for a year's gross profit loss and an additional $26,863 for increased operational costs. - read more
Insurer Ordered to Pay Arson Claim Despite Director's Past Convictions
Insurer Ordered to Pay Arson Claim Despite Director's Past Convictions
12 Mar 2026: Paige Estritori
A recent ruling by the Australian Financial Complaints Authority (AFCA) has significant implications for restaurant owners and their insurance policies. An insurer was ordered to pay an arson claim it had initially denied, citing the restaurant's sole director's failure to disclose his criminal history during the policy's inception. - read more


Cyber Insurance Articles

Cyber Insurance Claims: What Small Business Owners Need to Know
Cyber Insurance Claims: What Small Business Owners Need to Know
Cybersecurity incidents are a growing concern for small businesses. These incidents can have disastrous consequences on the affected businesses and their customers. Cyber insurance policies provide a form of financial protection for small businesses in the event of a cyber-attack. This article will provide an overview of cyber insurance claims and its importance for small business owners. - read more
Understanding Cyber Threats and How They Affect Your Finances
Understanding Cyber Threats and How They Affect Your Finances
Cyber threats refer to malicious acts that seek to damage data, steal information, or disrupt digital operations. These threats can come in various forms, such as malware, phishing attacks, ransomware, and more. - read more
Cyber Security Essentials: Steps to Secure Your Online Business in Australia
Cyber Security Essentials: Steps to Secure Your Online Business in Australia
As the digital economy flourishes, Australian businesses are enjoying the fruits of their own cyber-infrastructure but are also becoming increasingly susceptible to cyber threats. The era of the internet has ushered in a wave of new opportunities, yet it also demands vigilance in the face of growing cyber risks. With cyberattacks becoming more sophisticated and frequent, the imperative for robust cyber security measures has never been more pronounced. - read more
The Essential Guide to Cyber Insurance for Australian Small Businesses
The Essential Guide to Cyber Insurance for Australian Small Businesses
In the digital age, Australian small businesses find themselves navigating a world where online presence isn't just an advantage, it’s a necessity. With this increased online activity comes heightened vulnerability to cyber threats, making the protection of digital assets an urgent priority. - read more
The Essential Guide to Cyber Insurance for Australian Businesses
The Essential Guide to Cyber Insurance for Australian Businesses
Cyber insurance is a type of insurance designed to protect businesses from internet-based risks and, more generally, from risks relating to information technology infrastructure and activities. It covers losses related to data breaches, cyber extortion, and other kinds of cyber attacks. - read more


Your free Cyber insurance quote comparison starts here!
First Name:
Postcode:

All quotes are provided free and without obligation by a Specialist from our National Broker referral panel. See our Privacy Statement for more details.


Knowledgebase
Insurance Underwriter:
An insurance company, a financial institution that sells insurance.