Wed, 17th Jun 2026

This episode of 'Weekly Insurance News Wrap' presented by Paige Estritori involves key developments within Australia's insurance sector. Major points include NRMA's decision to exit the farm insurance market and the implications for Australian farmers, especially the need to align with providers focused on agricultural coverage. Sterling Insurance has expanded its professional indemnity offerings with a new binding authority from Lloyd's, and enhanced its Australian underwriting team with additions in Brisbane and Western Australia. Insurtech firm Cohabit has introduced a digital platform to streamline insurance management for strata schemes. Lastly, Suncorp has secured a solid $2.4 billion, five-year reinsurance agreement to tackle rising costs of natural hazards, underlining its dedication to effective risk management.