Fri, 20th Dec 2024 - Insurance News Wrap

What this episode covers

On this episode of the Financial Services Online podcast, Paige Estritori delivers the latest news from the insurance industry. The Insurance Council of Australia is implementing changes in response to flood inquiries, including standardized policy clauses and provisions for vulnerable customers. In the life insurance sector, a $13 billion merger between MLC Life Insurance and Resolution Life's subsidiaries results in the birth of Acenda, pending regulatory approval. The new firm, controlled by Nippon Life, is posed to become one of Australia's major insurers. Finally, Sure, a Queensland underwriting agency, brings attention to the critical gaps in insurance coverage in cyclone-risk regions. They urge homeowners to review their insurance policies amidst predictions of severe cyclones facilitated by warming oceans. Tune in for an in-depth analysis of these industry shifts.n

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Frequently Asked Questions

How long is this episode of Insurance News Wrap?

Episode duration information is not available.

When was this Insurance News Wrap episode published?

This episode was published on December 19, 2024.

What is this episode about?

On this episode of the Financial Services Online podcast, Paige Estritori delivers the latest news from the insurance industry. The Insurance Council of Australia is implementing changes in response to flood inquiries, including standardized policy...

Can I download this Insurance News Wrap episode?

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