EPISODE · Apr 7, 2025
Tue, 8th Apr 2025
from Insurance News Wrap · host Paige Estritori
On this week's Weekly Insurance News Wrap, we discuss TAL insurance's strategic acquisition of a 15.1% stake in Challenger Limited as part of its expansion plan into the retirement sector, in response to Australia's growing ageing population. We also cover the aftermath of Ex-Tropical Cyclone Alfred, which its estimated could trigger as much as $1.7b in claims from Australia's reinsurance pool. We touch on the upcoming community consultation hosted by the Insurance Council of Australia following the recent storms in Casterton. And finally, with the federal election around the corner, we discuss ICA's call for stronger risk reduction strategies and their series of 16 proposals to enhance insurance affordability and resilience, including a proposed $30b flood defence fund. Stay informed and stay protected with Financial Services Online.
What this episode covers
On this week's Weekly Insurance News Wrap, we discuss TAL insurance's strategic acquisition of a 15.1% stake in Challenger Limited as part of its expansion plan into the retirement sector, in response to Australia's growing ageing population. We also cover the aftermath of Ex-Tropical Cyclone Alfred, which its estimated could trigger as much as $1.7b in claims from Australia's reinsurance pool. We touch on the upcoming community consultation hosted by the Insurance Council of Australia following the recent storms in Casterton. And finally, with the federal election around the corner, we discuss ICA's call for stronger risk reduction strategies and their series of 16 proposals to enhance insurance affordability and resilience, including a proposed $30b flood defence fund. Stay informed and stay protected with Financial Services Online.
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Tue, 8th Apr 2025
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