Tue, 15th Jul 2025

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Tue, 15th Jul 2025" was published on July 14, 2025.

July 14, 2025 · Insurance News Wrap

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Summary

This week's Weekly Insurance News Wrap covers significant occurrences in the insurance industry. A landmark ruling in West Australia has set a potential new standard for handling negligence cases, as City of Joondalup won against allegations over a local e-scooter accident. Additionally, a sharp rise in mental health-related Total and Permanent Disability claims has been noted by the Council of Australian Life Insurers, causing alarm for the growing number of Australians leaving work due to mental health issues. Also discussed is the global slowdown in property and casualty premiums as revealed by Swiss Res Sigma report, with the Australian market showing promising resilience. Lastly, concerns are raised about stagnation in Australia's Life Insurance Advice sector in spite of its considerable annual revenue, emphasizing the need for expanded risk advice and optimized use of technology.n

Episode Description

This week's Weekly Insurance News Wrap covers significant occurrences in the insurance industry. A landmark ruling in West Australia has set a potential new standard for handling negligence cases, as City of Joondalup won against allegations over a local e-scooter accident. Additionally, a sharp rise in mental health-related Total and Permanent Disability claims has been noted by the Council of Australian Life Insurers, causing alarm for the growing number of Australians leaving work due to mental health issues. Also discussed is the global slowdown in property and casualty premiums as revealed by Swiss Res Sigma report, with the Australian market showing promising resilience. Lastly, concerns are raised about stagnation in Australia's Life Insurance Advice sector in spite of its considerable annual revenue, emphasizing the need for expanded risk advice and optimized use of technology.n

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