Partnership Insurance Solutions :: News
SHARE

Share this news item!

APRA and ASIC Publish December 2025 Life Insurance Statistics

Insights into Claims and Disputes Trends in the Australian Life Insurance Sector

APRA and ASIC Publish December 2025 Life Insurance Statistics?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.

The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have released the Life Insurance Claims and Disputes Statistics publication for the 12 months ending December 2025.
This report provides key insights into the performance and challenges within the Australian life insurance industry.

According to the data, life insurance claims for regulated funds totalled 117,219 for the year, a slight decrease of 1.2% from the previous year's 118,605 claims. Notably, Total and Permanent Disability (TPD) and Disability Income Insurance (DII) claims accounted for 64% of all claims made in 2025. These two categories were also responsible for 88% of all disputes, indicating ongoing challenges in these areas.

Disputed claims increased by 13.7% to 11,207, up from 9,851 in 2024. Of these disputes, 56% were related to group insurance within superannuation, while 33% involved individuals who had received financial advice. DII disputes were the most prevalent, with 3,194 disputes in group superannuation and 2,118 among advised individuals. TPD claims followed, with 2,913 disputes in group superannuation and 934 among advised individuals.

These statistics highlight the need for the life insurance industry to address the high incidence of disputes, particularly concerning DII and TPD products. Enhancing transparency, improving product design, and ensuring clear communication with policyholders are essential steps toward reducing disputes and building consumer trust.

For consumers, understanding the terms and conditions of life insurance policies is crucial. Seeking professional advice and regularly reviewing coverage can help ensure that policies meet individual needs and expectations.

Published:Sunday, 3rd May 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Rate this article

0 Comments

No comments yet. Be the first to share your thoughts.

Insurance News

Advancing the Life Insurance Code to Meet Modern Standards
Advancing the Life Insurance Code to Meet Modern Standards
10 Jun 2026: Paige Estritori
The Australian life insurance industry is actively supporting the evolution of the Life Insurance Code of Practice to align with regulatory changes and evolving consumer expectations. This initiative underscores the industry's dedication to maintaining trust and delivering value to policyholders. - read more
Introducing Backd: A New Approach to Life Insurance for Young Australians
Introducing Backd: A New Approach to Life Insurance for Young Australians
10 Jun 2026: Paige Estritori
In a collaborative effort to make life insurance more accessible to younger Australians, Cover Genius and TAL have launched 'Backd,' an embedded life insurance product designed to integrate seamlessly into existing platforms. - read more
Regulators Call for Action on TPD Insurance Sustainability
Regulators Call for Action on TPD Insurance Sustainability
03 Jun 2026: Paige Estritori
The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have recently convened a joint CEO roundtable to address mounting sustainability pressures in the Total and Permanent Disability (TPD) insurance market. This meeting brought together senior representatives from 19 life insurers and reinsurers, as well as officials from Treasury and the Council of Australian Life Insurers. - read more
Surge in Disputes Over TPD and Disability Insurance Claims
Surge in Disputes Over TPD and Disability Insurance Claims
03 Jun 2026: Paige Estritori
Recent data from the Australian Prudential Regulation Authority (APRA) reveals a notable rise in disputes related to Total and Permanent Disability (TPD) and disability income insurance (DII) claims. In the 12 months ending December 2025, life insurance claims for regulated funds totalled 117,219, a slight decrease from the previous year. However, the number of disputed claims increased by 13.7%, reaching 11,207 compared to 9,851 in the prior period. - read more


Life Insurance Articles

Creating a Comprehensive Risk Management Plan for Business Partnerships
Creating a Comprehensive Risk Management Plan for Business Partnerships
Risk management in the context of business partnerships involves identifying, assessing, and prioritising risks that could impact the success of a business alliance. Whether it’s financial, operational, or reputational, understanding these risks helps partners make informed decisions, safeguarding their shared interests. - read more
The Importance of Life Insurance for Business Partners
The Importance of Life Insurance for Business Partners
In the dynamic world of business, safeguarding your interests often requires more than just market acumen and financial investment. Life insurance plays a pivotal role in ensuring the continuity and stability of a business, particularly when business partnerships are involved. It serves not only as a cushion for unforeseen events but also as a strategic tool for risk management. - read more
The Hidden Risks of Neglecting Your Insurance Policy: A Partnership Perspective
The Hidden Risks of Neglecting Your Insurance Policy: A Partnership Perspective
In the fast-paced world of business, maintaining a solid insurance policy is more than just ticking a box; it's a critical component of ensuring long-term stability and success. For Australian consumers, particularly those involved in business partnerships, understanding the nuances of insurance is vital. - read more
The Key Benefits of Engaging a Broker for Business Insurance Needs
The Key Benefits of Engaging a Broker for Business Insurance Needs
In the bustling world of business, ensuring that your operations are protected against unforeseen circumstances is crucial. This article explores the significant benefits of engaging a broker for your business insurance needs. Whether you're new to business insurance or looking to enhance your current coverage, understanding how a broker can help is key. - read more

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