skip to main content

The Wealth Report: Australia

Closing the protection gap in a time of increasing risk.

premium home living home
OVERVIEW

Interested to know what keeps high-net-worth Australians up at night, who they turn to for advice and how they view their wealth?

The Chubb Wealth Report reveals the growing gap between what people value and how they choose to protect it. To showcase the findings, we’ve put together this report.

Read some of the compelling findings below to better understand what matters to wealthy individuals or download the full report.

hanging up art

Risks to future wealth

70% of respondents identified damage to their property from weather and climate change as one of the biggest risks to their wealth and lifestyle – ahead of the impact of inflation (62%).

Angela Capponi
Angela Capponi
Head of International Personal Lines (IPL) for Australia and New Zealand

“There is a growing appetite among wealthy Australians for specialised homeowners’ insurance that extends beyond traditional home and contents and personal liability to include family protection, encompassing coverage for cyber extortion, home invasions and aggravated assault coverage.”

Insights

Unprecedented insights and trends of successful Australians

The report examines the growing gap between what people value and how they choose to protect it against risks through appropriate insurance, risk management and loss control programmes.

82%

fear loss or damage from fire or travel/transportation when it comes to their collectables.

55%

are concerned about falling victim to financial fraud.

64%

say that building wealth is more challenging than ever.

70%

perceive exposure to extreme weather due to climate change as the top risk to their property or business.

more information
wealth report cover
more information

Interested in the full Wealth Report?