EPISODE · Nov 20, 2025
Fri, 21st Nov 2025
from Insurance News Wrap · host Paige Estritori
Paige Estritori presents the Weekly Insurance News Wrap on behalf of Financial Services Online from November 21, 2025. The episode highlights the Australian Financial Complaints Authority's criticism of TAL, a major life insurer, for discontinuing a policyholders benefits without prior notification. The immense financial impact of mental health claims on insurance systems, estimated at $18.5 billion yearly, is also discussed, with a call for sustainable solutions. Fitch Ratings' 2025 outlook projects a rise in Australian insurance premiums due to mounting claims and natural hazard allowances. Finally, the podcast notes a sharp increase in sales of cyber liability insurance from BizCover, reflecting the urgency of prioritising cybersecurity in the business sector. The episode encourages listeners to remain informed and reassess their financial standing regularly.
What this episode covers
Paige Estritori presents the Weekly Insurance News Wrap on behalf of Financial Services Online from November 21, 2025. The episode highlights the Australian Financial Complaints Authority's criticism of TAL, a major life insurer, for discontinuing a policyholders benefits without prior notification. The immense financial impact of mental health claims on insurance systems, estimated at $18.5 billion yearly, is also discussed, with a call for sustainable solutions. Fitch Ratings' 2025 outlook projects a rise in Australian insurance premiums due to mounting claims and natural hazard allowances. Finally, the podcast notes a sharp increase in sales of cyber liability insurance from BizCover, reflecting the urgency of prioritising cybersecurity in the business sector. The episode encourages listeners to remain informed and reassess their financial standing regularly.
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Fri, 21st Nov 2025
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