The Panasonic Lumix GH5s has been the go-to mirrorless camera for video use over the last two years and even with the advent of newer full frame mirrorless cameras (as listed above) the GH5s still holds its own as a professional video system. There are various underwater housings available for the GH5s and with Nauticam’s newest version of the NA-GH5 you have the option of including an M28 bulkhead for use with HDMI 2.0 and the Atomos Ninja V recorder.
The A7 III, with its compact and ergonomic design, has been a very popular camera for video recording. The battery life is drastically improved compared to the previous A7 Series cameras, which was a primary complaint of Sony Alpha users and is particularly beneficial for underwater video, as it allows you to shoot for much longer without the need to open the housing. The A7 III also has dual SD card slots, which play an additional role in the maximum allotted time you can record underwater without having to open the housing. The auto-focus during video works very well.
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You may already own a waterproof camera. The latest top-end iPhones and Android phones are IP rated for submersion for short amounts of time. And the rise of quality smartphones has gone a long way in reducing the number of dedicated point-and-shoots on the market. But even if you're just taking a quick dip and want to snap a selfie, there are reasons not to take your expensive phone into the water.