Sat, 5th Jul 2025

In this week's installment of Financial Services Online, we discuss major financial news from across Australia. Key subjects include a Sydney hospitality company's lost claim with insurer Suncorp over asbestos-contaminated mulch, and a breakthrough injury claim with QBE set to cover dog walking services for a car crash victim suffering from PTSD. The episode continues with the challenge faced by Australian insurers over steep costs amounting to $1.83 billion due to severe weather events, and the substantial number of claims reported by the Insurance Council of Australia. Lastly, the show explores ASX-listed life insurer ClearView's strategic changes with the new appointment of Peter Tilocca as the Head of Underwriting, aimed at improving clarity and cutting down on medical prerequisites for coverage. The host, Paige Estritori, underlines the importance of staying insured and informed.