Tue, 17th Sep 2024

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Tue, 17th Sep 2024" was published on September 16, 2024.

September 16, 2024 · Insurance News Wrap

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Summary

This week's edition of 'Financial Services Online's Insurance News Wrap' covers recent changes in Australia's insurance landscape. Major insurance companies are sustainability adapting underwriting, investment and risk management policies in response to climate change. Many companies are considering business interruption insurance due to the financial impact of extended lockdowns. There are potential business opportunities from breakthroughs in international trade talks, but companies are being advised to obtain necessary insurance policies. The Australian Prudential Regulation Authority (APRA) is proposing changes to insurance regulations for better financial protection. The InsurTech sector continues to grow as traditional insurers collaborate with tech-startups. An interesting trend in personal insurance is that more Australians are opting for private health insurance. The rise in battery-powered vehicles is leading to calls for reformed policies in auto insurance. Updates will be provided on these insights on financialservicesonline.com.au.

Episode Description

This week's edition of 'Financial Services Online's Insurance News Wrap' covers recent changes in Australia's insurance landscape. Major insurance companies are sustainability adapting underwriting, investment and risk management policies in response to climate change. Many companies are considering business interruption insurance due to the financial impact of extended lockdowns. There are potential business opportunities from breakthroughs in international trade talks, but companies are being advised to obtain necessary insurance policies. The Australian Prudential Regulation Authority (APRA) is proposing changes to insurance regulations for better financial protection. The InsurTech sector continues to grow as traditional insurers collaborate with tech-startups. An interesting trend in personal insurance is that more Australians are opting for private health insurance. The rise in battery-powered vehicles is leading to calls for reformed policies in auto insurance. Updates will be provided on these insights on financialservicesonline.com.au.

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