Mon, 8th Dec 2025

This episode of the Weekly Insurance News Wrap discussed significant shifts in Australia's insurance landscape. It notably highlighted mental health becoming the primary cause of total and permanent disability claims in Australia, seeing a staggering 700% increase in the past decade among Australians in their 30s. There was also focus on marina operators facing hardships due to soaring insurance premiums and calls for government intervention to alleviate this issue. Major corporate changes were mentioned, particularly Coast Insurance appointing Co-Chief Executive Officers as the company aims for strategic growth. Finally, insurers and policyholders are urged to consider their coverage options in light of severe storm damages, with Suncorp expecting a considerable insurance retention. The episode concluded emphasizing its commitment to keep listeners informed of evolving conditions in the sector.n