--- title: "24530 – APN Insurance Cost Pressure Index™" url: https://australianproperty.network/apn-codex/series-20000/series-24000/series-24500/series-24530/ date: 2026-10-03 modified: 2026-10-03 lang: en author: "Nicklas Clark" description: "APN Codex Node 2453024500 Series — Climate-Risk Asset DevaluationCertified APN Insurance Cost Pressure Index™ Current Reading 62.2 Insurance premiums up 6.02% over the year Ranked against 144 quarters · as..." word_count: 823 --- # 24530 – APN Insurance Cost Pressure Index™ APN Codex Node 2453024500 Series — Climate-Risk Asset DevaluationCertified ### APN Insurance Cost Pressure Index™ Current Reading 62.2 Insurance premiums up 6.02% over the year Ranked against 144 quarters · as of the quarter ending 30 June 2026 1What It Measures The APN Insurance Cost Pressure Index™ reads how fast the price of household insurance cover is rising: the year-on-year growth in the insurance prices recorded in the Consumer Price Index. Insurance is the channel through which physical climate risk reaches households and property owners most directly, as insurers reprice cover for storm, flood and bushfire exposure. Higher readings mean insurance costs are rising faster. It is a **national time series** and a component of the APN Climate-Risk Asset Devaluation Index™ (24500). 2Construction | Input | Source | Role | | ----- | ------ | ---- | | CPI Insurance expenditure class, index numbers, weighted average of eight capital cities, original | ABS Consumer Price Index, Australia, Table 18, quarterly from September 1989 | Index | | Year-on-year growth in the index | APN calculation | Reading, 100% | The index level rises with prices generally, so the reading is its growth over the same quarter a year earlier, which also removes any seasonal pattern. The growth rate is standardised against its 2011–2025 history. 3Current Reading in Context | Measure | June quarter 2026 | Standardised | | ------- | ----------------- | ------------ | | CPI Insurance class index | 104.42 (June 2025: 98.49) | — | | Growth over the year | +6.02% | +0.1933 | | 2011–2025 average growth | 5.21% (standard deviation 4.18 points) | — | Insurance prices rose 6.02% over the year to June 2026, a little faster than their 2011–2025 average of 5.21%. 4Reading History Position · June 2026- 500100Slower premium growthFaster premium growth62.2+0.1933σ · ranked against 144 quartersShaded band: the normal range, 10 to 90APN Insurance Cost Pressure Index™ (24530) · Reading HistoryNode Z-Score by Quarter, March 2011 to June 2026+0.1933σ · position 62.2, ranked against 144 quarters**Reading, ranked quarters**Normal range (middle 80% of ranked quarters)**Current readingThe June quarter 2026 reading, +0.1933σ, ranks 62.2 against 144 quarters and sits inside the normal range of −0.9628σ to +1.0289σ. The highest ranked reading was +6.5139σ in the September quarter 2000, and the lowest −1.6799σ in the June quarter 2014. Year-on-year growth in the CPI Insurance class. Growth reached 32.45% in September 2000, beyond the chart's window. Show the data | Quarter | Reading | Basis | | ------- | ------- | ----- | | Q3 1990 | +0.4278σ | Ranked | | Q4 1990 | +0.4113σ | Ranked | | Q1 1991 | +0.2936σ | Ranked | | Q2 1991 | +0.4230σ | Ranked | | Q3 1991 | −1.2309σ | Ranked | | Q4 1991 | −0.1660σ | Ranked | | Q1 1992 | −0.2975σ | Ranked | | Q2 1992 | −0.7112σ | Ranked | | Q3 1992 | +0.2066σ | Ranked | | Q4 1992 | −1.1418σ | Ranked | | Q1 1993 | −1.2916σ | Ranked | | Q2 1993 | −1.2168σ | Ranked | | Q3 1993 | −1.0085σ | Ranked | | Q4 1993 | −0.7544σ | Ranked | | Q1 1994 | −0.0472σ | Ranked | | Q2 1994 | +0.2779σ | Ranked | | Q3 1994 | +0.6111σ | Ranked | | Q4 1994 | +0.5806σ | Ranked | | Q1 1995 | +0.2382σ | Ranked | | Q2 1995 | +0.1163σ | Ranked | | Q3 1995 | +0.3951σ | Ranked | | Q4 1995 | +0.8719σ | Ranked | | Q1 1996 | +0.8774σ | Ranked | | Q2 1996 | +0.7607σ | Ranked | | Q3 1996 | +0.1104σ | Ranked | | Q4 1996 | −0.1613σ | Ranked | | Q1 1997 | +0.0250σ | Ranked | | Q2 1997 | +0.1760σ | Ranked | | Q3 1997 | +0.1950σ | Ranked | | Q4 1997 | +0.0183σ | Ranked | | Q1 1998 | −0.2971σ | Ranked | | Q2 1998 | −0.4364σ | Ranked | | Q3 1998 | −0.2069σ | Ranked | | Q4 1998 | +0.0454σ | Ranked | | Q1 1999 | −0.2432σ | Ranked | | Q2 1999 | −0.3286σ | Ranked | | Q3 1999 | +0.0126σ | Ranked | | Q4 1999 | +1.1299σ | Ranked | | Q1 2000 | +3.4608σ | Ranked | | Q2 2000 | +6.0964σ | Ranked | | Q3 2000 | +6.5139σ | Ranked | | Q4 2000 | +4.8669σ | Ranked | | Q1 2001 | +3.0844σ | Ranked | | Q2 2001 | +1.0220σ | Ranked | | Q3 2001 | +0.4420σ | Ranked | | Q4 2001 | +0.1945σ | Ranked | | Q1 2002 | +0.4146σ | Ranked | | Q2 2002 | +0.1473σ | Ranked | | Q3 2002 | −0.1976σ | Ranked | | Q4 2002 | −0.0932σ | Ranked | | Q1 2003 | −0.7528σ | Ranked | | Q2 2003 | −0.9050σ | Ranked | | Q3 2003 | −0.8532σ | Ranked | | Q4 2003 | −0.9383σ | Ranked | | Q1 2004 | −0.7067σ | Ranked | | Q2 2004 | −0.8045σ | Ranked | | Q3 2004 | −0.9079σ | Ranked | | Q4 2004 | −0.8661σ | Ranked | | Q1 2005 | −0.9381σ | Ranked | | Q2 2005 | −0.5506σ | Ranked | | Q3 2005 | −0.5240σ | Ranked | | Q4 2005 | −0.3339σ | Ranked | | Q1 2006 | −0.2987σ | Ranked | | Q2 2006 | −0.3560σ | Ranked | | Q3 2006 | −0.1217σ | Ranked | | Q4 2006 | −0.4725σ | Ranked | | Q1 2007 | −0.6736σ | Ranked | | Q2 2007 | −0.6914σ | Ranked | | Q3 2007 | −0.9749σ | Ranked | | Q4 2007 | −0.5476σ | Ranked | | Q1 2008 | −0.0064σ | Ranked | | Q2 2008 | +0.4192σ | Ranked | | Q3 2008 | +0.9156σ | Ranked | | Q4 2008 | +1.0319σ | Ranked | | Q1 2009 | +1.2084σ | Ranked | | Q2 2009 | +0.9007σ | Ranked | | Q3 2009 | +0.8566σ | Ranked | | Q4 2009 | +0.7548σ | Ranked | | Q1 2010 | +0.4588σ | Ranked | | Q2 2010 | −0.0071σ | Ranked | | Q3 2010 | −0.2300σ | Ranked | | Q4 2010 | −0.4039σ | Ranked | | Q1 2011 | −0.5198σ | Ranked | | Q2 2011 | +0.0193σ | Ranked | | Q3 2011 | +0.2642σ | Ranked | | Q4 2011 | +0.4620σ | Ranked | | Q1 2012 | +0.5070σ | Ranked | | Q2 2012 | +0.4200σ | Ranked | | Q3 2012 | +0.3788σ | Ranked | | Q4 2012 | +0.7655σ | Ranked | | Q1 2013 | +0.9149σ | Ranked | | Q2 2013 | +0.5673σ | Ranked | | Q3 2013 | −0.2854σ | Ranked | | Q4 2013 | −0.9958σ | Ranked | | Q1 2014 | −1.3995σ | Ranked | | Q2 2014 | −1.6799σ | Ranked | | Q3 2014 | −1.3408σ | Ranked | | Q4 2014 | −1.0198σ | Ranked | | Q1 2015 | −0.9733σ | Ranked | | Q2 2015 | −0.6065σ | Ranked | | Q3 2015 | −0.5079σ | Ranked | | Q4 2015 | −0.3264σ | Ranked | | Q1 2016 | −0.0049σ | Ranked | | Q2 2016 | +0.2573σ | Ranked | | Q3 2016 | +0.5991σ | Ranked | | Q4 2016 | +0.6034σ | Ranked | | Q1 2017 | +0.3755σ | Ranked | | Q2 2017 | −0.2083σ | Ranked | | Q3 2017 | −0.3725σ | Ranked | | Q4 2017 | −0.4203σ | Ranked | | Q1 2018 | −0.4533σ | Ranked | | Q2 2018 | +0.0220σ | Ranked | | Q3 2018 | −0.2466σ | Ranked | | Q4 2018 | −0.5359σ | Ranked | | Q1 2019 | −0.7845σ | Ranked | | Q2 2019 | −0.9870σ | Ranked | | Q3 2019 | −1.0175σ | Ranked | | Q4 2019 | −1.0866σ | Ranked | | Q1 2020 | −0.8361σ | Ranked | | Q2 2020 | −0.6686σ | Ranked | | Q3 2020 | −0.6897σ | Ranked | | Q4 2020 | −0.6140σ | Ranked | | Q1 2021 | −0.6956σ | Ranked | | Q2 2021 | −0.5603σ | Ranked | | Q3 2021 | −0.3765σ | Ranked | | Q4 2021 | −0.4237σ | Ranked | | Q1 2022 | −0.2413σ | Ranked | | Q2 2022 | −0.4846σ | Ranked | | Q3 2022 | −0.2398σ | Ranked | | Q4 2022 | +0.2381σ | Ranked | | Q1 2023 | +0.8509σ | Ranked | | Q2 2023 | +2.1244σ | Ranked | | Q3 2023 | +2.2653σ | Ranked | | Q4 2023 | +2.6464σ | Ranked | | Q1 2024 | +2.6859σ | Ranked | | Q2 2024 | +2.1078σ | Ranked | | Q3 2024 | +2.1123σ | Ranked | | Q4 2024 | +1.3789σ | Ranked | | Q1 2025 | +0.5784σ | Ranked | | Q2 2025 | −0.3132σ | Ranked | | Q3 2025 | −0.6159σ | Ranked | | Q4 2025 | −0.6127σ | Ranked | | Q1 2026 | −0.2056σ | Ranked | | Q2 2026 | +0.1933σ | Ranked | 5Reading the Pattern Insurance price growth ran between 14.0% and 16.4% a year from the June quarter 2023 to the September quarter 2024, peaking at 16.44% in March 2024, the fastest since March 2001. It slowed to 2.64% in September 2025, as the index briefly fell in the June quarter 2025, and has risen in each quarter since, to 6.02% in June 2026. The highest growth on record came in 2000, when premiums rose 32.45% in the year to September, around the introduction of the GST. The lowest readings came in 2014, when the index fell slightly over the year. 6Methodology & Disclosed Caveats **All insurance classes in the CPI.** The class covers dwelling (building), home contents, comprehensive motor vehicle and compulsory third party insurance. No published index isolates home and contents insurance, so the reading includes motor insurance. Health insurance is not included. - **Premium prices, not claims.** The CPI records the price of insurance cover, collected from insurers’ quotes with quality adjustment. It does not measure insured losses or the share of homes that are uninsured. - **Climate is one driver among several.** Premiums also move with reinsurance costs, building costs and insurers’ returns. The index reads the price pressure, not its cause. - **Eight capital cities.** Regional areas, where climate exposure and premium increases can be larger, are not separately covered. 7Other Components The other components of the APN Climate-Risk Asset Devaluation Index™ (24500). [Node 24510 →APN Financial Climate Sensitivity™ (Metric)Reads Australia’s physical climate-hazard exposure from the Australian Actuaries Climate Index. Certified · position 83.1 of 178](https://australianproperty.network/apn-codex/series-20000/series-24000/series-24500/series-24510/)[Node 24520 →APN Regional Green Premium Uplift™ / Brown Discount™ (Metric)No dataset exists; not part of the index.](https://australianproperty.network/apn-codex/series-20000/series-24000/series-24500/24520-apn-regional-green-premium-uplift-brown-discount-metric/) [Parent branch →24500 — APN Climate-Risk Asset Devaluation Index™](https://australianproperty.network/apn-codex/series-20000/series-24000/series-24500/) 8Certification APN Codex Node 24530 — Certified - Certified 3 October 2026 (position 62.2 against 144 quarters, from a Z-score of +0.1933 at the quarter ending 30 June 2026; insurance price growth +6.02% over the year) - Coverage, premium-price, attribution and capital-city caveats disclosed above - Findings are presented on the basis of data and evidence alone.