EPISODE · Sep 26, 2024
Fri, 27th Sep 2024
from Insurance News Wrap · host Paige Estritori
In this week's Financial Services Online podcast, Paige Estritori covers several important topics in Australia's insurance industry. Firstly, the Federal Court's decision to dismiss group business interruption claims related to COVID-19, urging policyholders to file claims individually instead. Secondly, AAMI's Decade of Driving report highlights road safety issues, revealing that male drivers and those over 65 are involved in most accidents. Friday afternoon is the most common time for accidents, with Melbourne's Plenty Road named the most accident-prone location. Thirdly, Tower's reinsurance sector expands its catastrophe coverage, anticipating lower reinsurance costs. Lastly, Build America Mutual enters the Australian market to bolster infrastructure projects, offering affordable solutions with an expected investment increase, lowered costs, and enhanced market access.
What this episode covers
In this week's Financial Services Online podcast, Paige Estritori covers several important topics in Australia's insurance industry. Firstly, the Federal Court's decision to dismiss group business interruption claims related to COVID-19, urging policyholders to file claims individually instead. Secondly, AAMI's Decade of Driving report highlights road safety issues, revealing that male drivers and those over 65 are involved in most accidents. Friday afternoon is the most common time for accidents, with Melbourne's Plenty Road named the most accident-prone location. Thirdly, Tower's reinsurance sector expands its catastrophe coverage, anticipating lower reinsurance costs. Lastly, Build America Mutual enters the Australian market to bolster infrastructure projects, offering affordable solutions with an expected investment increase, lowered costs, and enhanced market access.
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Fri, 27th Sep 2024
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