Sun, 26th Apr 2026
from Insurance News Wrap Hosted by Paige Estritori
On this edition of the Weekly Insurance News Wrap, two major policy changes are discussed: the Australian Parliament's prohibition of genetic test consideration in life insurance underwriting to combat genetic discrimination and the urgent call for reforms by the Insurance Council of Australia amid rising insurance costs for small businesses. Achieving an impressive AUD 77.7 billion in total revenue, Australia's non-life insurance sector shows significant growth, despite Swiss Re Life & Health Australia temporarily suspending new life insurance operations due to concerns over economic sustainability. The episode also highlights the need for comprehensive insurance options that support business resilience, plus extensive coverage on the upcoming changes to genetic testing legislation by the Human Genetics Society of Australasia.
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