That assessment aligns with findings from APRA’s Insurance Climate Vulnerability Assessment (CVA), published in March 2026. Working with Australia’s five largest general insurers – Allianz, Hollard, IAG, QBE, and Suncorp – APRA found that around 15% of Australian households are currently estimated to be uninsured. Under both of its modelled climate scenarios, that figure could reach around 25% by 2050 – an additional one million households without protection.
