Sat, 25th Apr 2026 - Financial Services News Wrap

What this episode covers

In this episode of Financial Services Online, host Paige Estritori discusses a new Australian law banning the use of genetic test results in life insurance underwriting in a bid to eliminate genetic discrimination. Revised risk assessment methodologies in the life insurance sector are expected as the law comes into effect on October 8th. The podcast further discusses a proposal for urgent reforms by the Insurance Council of Australia, aiming to make public liability insurance premiums more affordable for small businesses. The sector of non-life insurance reported robust growth with a total revenue of AUD 77.7 billion for the fiscal year ending June 2025. However, Swiss Re Life & Health Australia has suspended all new life insurance operations over concerns of sustainability, amidst increasing mental health-related claims.n

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When was this Financial Services News Wrap episode published?

This episode was published on April 24, 2026.

What is this episode about?

In this episode of Financial Services Online, host Paige Estritori discusses a new Australian law banning the use of genetic test results in life insurance underwriting in a bid to eliminate genetic discrimination. Revised risk assessment...

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