Sun, 13th Jul 2025

In this episode of the "Weekly Insurance News Wrap," host Paige Estritori discusses key issues affecting the insurance industry in Australia and globally. The broadcast covers America's tariff strategies' potential impact on the Global property and casualty insurance market, with concerns about slower growth in insurance premiums worldwide. However, Australia's insurance sector is expected to grow, partly due to strong underwriting strategies. Domestically, static growth in Australia's retail life insurance market highlights the need for technology and training programs to improve advice quality and address underinsurance. Other topics include ASIC's challenge to a Federal Court's 'fair term' ruling about a "pre-existing condition" clause in HCF Life insurance products, and the Insurance Council of Australia's advocacy for strata law reform in the Australian Capital Territory.n