ASIC Identifies Emerging Risks for Australian Insurers in 2026

ASIC is monitoring major shifts across Australia's financial system, including cost-of-living pressures, higher debt levels, and geopolitical tensions contributing to market volatility. The regulator also notes that expanding private markets, rapid digitalisation, and diverging global regulatory settings are changing how financial products are distributed, governed, and supervised.

Insurers are urged to focus on conduct, resilience, and exposure to complex products to navigate these challenges effectively. Proactive risk management and adherence to regulatory standards will be crucial in maintaining stability and consumer trust in the evolving financial landscape.