List of Insurance Companies in Australia

Insurance market in Australia comprises three segments: general insurance, health insurance and life insurance. Australia’s general insurance industry is expected to grow from A$76 billion in 2020 to A$98 billion in 2025, based on gross written premiums, according to a data analytics and consulting company GlobalData plc. QBE Insurance Group is the largest insurer in Australia with gross earned premium of A$19.1 billion in 2020. Insurance Australia Group (IAG) and Suncorp are the country’s second and third largest insurers with A$12 billion and A$9.8 billion in gross earned premiums, respectively. Following is a list of insurance companies operating in Australia.

General Insurance Companies

Insurance Australia Group, headquartered in Sydney, is Australia’s largest general insurance company with $14.7 billion of gross written premium (GWP) per annum. It sells insurance under many brands including NRMA, SGIO, SGIC, CGU, RACV, Swann and WFI, among others. The Group is also the largest general insurance company in New Zealand. It is listed on the Australian Securities Exchange.

AAI Limited, trading as Vero Insurance, is one of Australia's largest insurers. It provides insurance products to businesses of all sizes. It offers SME business packages, property, commercial motor, liability, workers compensation, aviation and marine insurance, engineering & equipment breakdown insurance, recreational vehicle insurance and more. The company offers its products only through brokers and authorised agents. Vero no longer offer car, home and landlord for new personal insurance policies.

Chubb Insurance Australia, provides customized insurance solutions to individuals and businesses in Australia. The offerings include commercial, property and casualty, group personal accident and business travel insurance as well as reinsurance. Chubb has been helping Australians for over 100 years. Based in Sydney, the company has six branch locations in Australia.

Achmea Australia offers farm insurance products including broadacre, livestock and stud stock insurance. The company sells insurance through farm insurance specialists located throughout rural Australia.

AIG Australia provides a wide suite of products and services, including traditional insurance and highly specialized solutions. With offices in Melbourne, Sydney, Perth and Brisbane, the company has been present in Australia since 1957.

Atradius is one of the leading credit insurers in Australia. The company’s products include credit insurance, debt collections and tailored solutions. Atradius has a team of approximately 70 people including underwriters, account managers and collections specialists.

Adica (Aioi Nissay Dowa Insurance Company Australia Pty Ltd) provides motor vehicle specific insurance products under the Toyota Insurance, Lexus Insurance and PowerTorque Insurance brands. Adica is a subsidiary of MS&AD Insurance Group Holdings Inc, one of Japan’s leading non-life insurance companies.

Allianz Australia Limited (previously known as Manufacturers Mutual Insurance Ltd) has been present in Australia since 1914. It serves over three million Australians and offers a broad suite of products and services including car, CTP, home, life, travel and leisure insurance as well as business and workers compensation insurance. In 2021, Allianz Australia purchased Westpac’s general insurance arm.

Allied World Assurance Company Holdings, based in Bermuda, is a global provider of insurance and reinsurance services. It offers general insurance products to Australian customers, including property & casualty, construction & engineering, professional lines, healthcare liability and marine insurance.

Ansvar Insurance Ltd, launched in Australia in 1961, provides general insurance products for the care, community, education, faith, heritage and commercial property owner sectors in the country.

ANZ Lenders Mortgage Insurance Pty

Aspen Insurance UK

AssetInsure Pty

Auto & General Insurance Company

Avant Insurance

Avea Insurance

AXA Corporate Solutions Assurance

Barristers' Sickness and Accident Fund Pty

Berkley Insurance Company

Berkshire Hathaway Specialty Insurance Company

BHP Billiton Marine & General Insurances Pty

Calliden Insurance

Catholic Church Insurance

CGU Insurance

CGU-VACC Insurance

Chubb Insurance Company of Australia

CIC Allianz Insurance

Compagnie Francaise D'Assurance Pour Le Commerce Exterieur (trading as Coface Australia)

Commonwealth Insurance

Credicorp Insurance Pty

Domestic & General Insurance PLC

Employers Mutual

Factory Mutual Insurance Company

First American Title Insurance Company of Australia

General Reinsurance Australia Ltd

Genworth Financial Mortgage Insurance Pty

Great Lakes Reinsurance (UK) SE

Guild Insurance

Hallmark General Insurance Company Ltd

Hannover Rück SE

HBF Insurance Pty Ltd

HDI Global SE

Hollard Insurance Company Pty

Hospitality Employers Mutual

HSB Engineering Insurance

IAG Re Australia

Insurance Australia

Insurance Manufacturers of Australia Pty

International Insurance Company of Hannover SE

LFI Group Pty Ltd

LawCover Insurance Pty

Liberty Mutual Insurance Company

MDA National Insurance Pty Ltd

Medical Insurance Australia Pty

MIPS Insurance Pty Ltd

Mitsui Sumitomo Insurance Company

Munchener Ruckversicherungs-Gesellschaft (Munich Reinsurance Company)

Mutual Community General Insurance Pty

OnePath General Insurance Pty

Optus Insurance Services Pty

Pacific International Insurance Pty

Progressive Direct Insurance Company

QBE Insurance (Australia)

QBE Insurance (International)

QBE Lenders' Mortgage Insurance

Royal Automobile Association of South Australia (RAA)

RAC Insurance Proprietary

RACQ Insurance

RACT Insurance Pty. Ltd

RealCover Insurances Pty

SCOR Reinsurance Asia Pacific Pte

Sompo Japan Nipponkoa Insurance Inc

Southern Cross Benefits

Sovereign Insurance Australia Pty

St Andrew's Insurance (Australia) Pty

StateCover Mutual

Stewart Title

Sunderland Marine Insurance Company

Swann Insurance (Aust) Pty Ltd

Swiss Reinsurance Company Ltd

Swiss Re International SE

The New India Assurance Co.

Tokio Marine & Nichido Fire Insurance Co.

Tokio Millennium Re AG

Transatlantic Reinsurance Company

TT Club Mutual Insurance

Virginia Surety Company, Inc

WFI Insurance

Westpac General Insurance

Westpac Lenders Mortgage Insurance

W.R. Berkley Insurance (Europe), (trading as W.R. Berkley Insurance Australia)

XL Insurance Company SE

Youi Pty Ltd

Zurich Australian Insurance

Life Insurance Providers

AIA Australia

Allianz Australia

AMP Life

Challenger Life Company

ClearView Life Assurance

Colonial Mutual Life Assurance Society

Combined Life Insurance Company of Australia

General Reinsurance Life Australia

Hallmark Life Insurance Company

Hannover Life Re of Australasia

HCF Life Insurance Company Pty

Macquarie Life

MetLife Insurance


Munich Reinsurance Company of Australasia

OnePath Life

Pacific Life Re (Australia) Pty

QBE Life (Australia)

RGA Reinsurance Company of Australia

SCOR Global Life Australia Pty

St Andrew's Life Insurance Pty

St. George Life

Suncorp Life & Superannuation

Swiss Re Life & Health Australia

TAL Life

The National Mutual Life Association of Australasia

Westpac Life Insurance Services

Zurich Australia