Tue, 28th Oct 2025

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Tue, 28th Oct 2025" was published on October 27, 2025.

October 27, 2025 · Insurance News Wrap

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Summary

In this episode, Paige Estritori from Financial Services Online discusses key Australian insurance industry developments. The Australian Financial Complaints Authority intervened in a claim dispute between a restaurant and QBE Insurance, underlining the importance of full disclosure when applying for insurance. Despite a good financial year, Insurance Australia Group warns of higher premiums due to climate change risks and frequent natural disasters. Meanwhile, TAL, Australia's leading life insurer, reported $4.7 billion in claims with a significant proportion related to mental health. The insurer is utilizing digital solutions to aid in mental health support. Lastly, Encompass Protection earned recognition as the Best Income Protection Provider at the 2025 Money Magazine Life Insurance Awards.

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