Thu, 14th May 2026
from Insurance News Wrap Hosted by Paige Estritori
In this week's Insurance News Wrap podcast, the Australian Competition and Consumer Commission scrutinizes Insurance Australia Group's $1.3 billion acquisition of the Royal Automobile Club of Western Australia's insurance division over potential competition concerns. Meanwhile, the Australian Securities and Investments Commission urges Financial Services firms to boost their cyber resilience amid escalating AI-based threats. In partnership news, Hostplus and MetLife Australia extend their group insurance alliance until 2026, displaying a renewed dedication to delivering comprehensive insurance solutions for over 865,000 Hostplus members. Lastly, a report from the Australian Prudential Regulation Authority highlights that disability income insurance and total and permanent disablement claims constitute 88% of life insurance disputes, underscoring the need for improved transparency within policyholder-insurer communication.n
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