Sun, 8th Feb 2026 - Insurance News Wrap

What this episode covers

In this week's Financial Services Online podcast, Paige Estritori examines emerging trends in Australia's insurance sector. A record-breaking profit record of $6.1 billion after tax was achieved by the industry in 2024, tripling the previous five-year average, driven by significant hikes in insurance premiums. However, consumer advocates are warning about growing affordability issues, particularly with home insurance premiums. Meanwhile, the insurtech sector is experiencing a decline in global funding, although AI-focused investments are on the rise. In other news, WFI Insurance and Rural Aid have partnered to support Australia's agricultural sector in the face of frequent natural disasters, pledging aid to bolster resilience and provide crisis management. While the financial landscape is evolving, staying informed and adaptable is crucial.n

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When was this Insurance News Wrap episode published?

This episode was published on February 7, 2026.

What is this episode about?

In this week's Financial Services Online podcast, Paige Estritori examines emerging trends in Australia's insurance sector. A record-breaking profit record of $6.1 billion after tax was achieved by the industry in 2024, tripling the previous...

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