Domestic &
Commercial Motor
Motor insurance at a crossroads
Australia’s motor insurance market is in a strong position, with the strength is being tested by a rapidly changing vehicle fleet, repair-cost pressures and shifting customer expectations. Watch Tom Moulder explore what is driving profitability now – and why insurers will need to adapt as EVs, advanced driver assistance technologies and market competition reshape the road ahead. 
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Domestic Motor
Commercial Motor
Domestic Motor
FY2027 Outlook
Our forecasts for the year ahead
%
Change in GWP
%
Change in AWP
%
Net combined ratio
What’s driving these results?
These forecasts are underpinned by slight reductions in average premium and policy volume growth, as affordability bites after years of large premium increases, and motor vehicle parts inflation moderates.
Charts
Refer to About the data for the fine print; September 2023 quarter is excluded from 2024 figures.
*Please take care when looking at the Gross written premium chart as the APRA data was restated in the June 2026 release, so comparisons between average written premiums in 2025 and 2026 may not be valid.
**September 2025 prior release data is censored in the APRA data and is imputed here.
Commercial Motor
FY2027 Outlook
Our forecasts for the year ahead
%
Change in GWP
%
Change in AWP
%
Net combined ratio
What’s driving these results?
These forecasts are underpinned by:
Continued reductions in average written premium in line with the soft market observed over the past year
Normalisation of prior year releases, after higher than usual releases in FY2026.
Charts
Refer to About the data for the fine print; September 2023 quarter is excluded from 2024 figures.
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