Tue, 17th Mar 2026

This week's episode from Financial Services Online, hosted by Paige Estritori, discusses major updates in Australia's insurance sector. Highlights include CHU's enhanced residential strata insurance policy, offering added features for property owners, such as Lot Owner Contents Insurance and standard Office Bearers Liability cover. The updates follow CHU's 2025 State of the Strata Market report which shows a modest 2.8% rise in strata insurance premiums despite climate challenges. There's also mention of the Insurance Council of Australia's push for Victoria's strata legislation reforms due to escalating insurance premiums resulting from poor governance. In more news, the general insurance sector witnessed a high return on equity last financial year, however, experts predict it will drop to 13% this financial year due to moderated premium growth - a typical industry cycle. The key takeaway is the importance of strategic adaptability in the insurance industry.n