CHU's 2025 Report Highlights Stability in Strata Insurance Premiums

CHU attributes this relative stability to the unique risk profiles associated with strata properties compared to standalone houses. Factors such as shared maintenance responsibilities and structural differences contribute to the more controlled premium adjustments in the strata sector.

Despite the challenges posed by recent weather events, including cyclones and widespread flooding, the strata insurance market has demonstrated resilience. The Australian Reinsurance Pool Corporation's (ARPC) September 2025 review confirmed that premiums for strata properties would remain unchanged, affirming the adequacy of current pricing structures.

Regulatory developments have also played a role in shaping the strata insurance landscape. Reviews in New South Wales, Western Australia, and the Australian Capital Territory are introducing new requirements aimed at enhancing transparency, consumer protection, and professional standards within the industry.

For strata property owners, this report offers reassurance that, despite external pressures, the affordability of strata insurance remains intact. It underscores the importance of proactive property management and staying informed about industry trends to ensure continued financial stability and compliance with evolving regulations.