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Sat, 13th Sep 2025

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Sat, 13th Sep 2025" was published on September 12, 2025.

September 12, 2025 · Insurance News Wrap

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In this week's episode of Financial Services Online's Insurance News Wrap, Paige Estritori highlights the rising importance of cyber security and insurance, driven by high-stakes risks and recent cyberattacks on firms such as Fortnum Private Wealth. Cyber insurance is deemed a necessity and calls have been made for regular reviews of policies and increased employee awareness. Globally, the Swiss Re Institute predicts a surge in property and casualty insurance premiums in line with GDP growth, largely due to factors such as natural disaster losses. This could lead to a market value boom of 4.3 trillion USD by 2040. Back in Australia, the Insurance Council intensifies support for New South Wales flood victims. Finally, a discussion on a landmark ruling that supports an Australian motor insurance policyholder against fraud allegations reinforces the need for fairness in claim assessments.

In this week's episode of Financial Services Online's Insurance News Wrap, Paige Estritori highlights the rising importance of cyber security and insurance, driven by high-stakes risks and recent cyberattacks on firms such as Fortnum Private Wealth. Cyber insurance is deemed a necessity and calls have been made for regular reviews of policies and increased employee awareness. Globally, the Swiss Re Institute predicts a surge in property and casualty insurance premiums in line with GDP growth, largely due to factors such as natural disaster losses. This could lead to a market value boom of 4.3 trillion USD by 2040. Back in Australia, the Insurance Council intensifies support for New South Wales flood victims. Finally, a discussion on a landmark ruling that supports an Australian motor insurance policyholder against fraud allegations reinforces the need for fairness in claim assessments.

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