Fri, 15th May 2026
from Insurance News Wrap Hosted by Paige Estritori
This week's episode covers the ACCC's review of Insurance Australia Group's proposed acquisition of RAC Insurance, which could affect competition and pricing in Western Australia's insurance market. The podcast also discusses the concerns of Australian insurers regarding premium affordability, in light of increased claims costs and climate event-related losses. Adaptations by insurers such as adjusting coverage limits and enhancing risk assessments are highlighted. The release of the Life Insurance Claims and Disputes Statistics for 2025 by the APR and ASIC is also covered, underlining transparency and accountability in the sector. Lastly, the impact of recent bushfires in Victoria on insurance premiums is addressed, noting the importance of maintaining property safety and staying informed about insurance coverage. To keep up with financial industry trends, listeners are directed to the financialservicesonline.com.au website.
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