Listen "Fri, 23rd Aug 2024"
Episode Synopsis
This podcast summary covers the major insurance news for Australians shared by Paige Estritori for Financial Services Online on August 23, 2024. Essential travel news updates include changes to entry regulations for Australians visiting Europe, with new ETIAS authorization requirements. A concerning report reveals a 73% rise in extreme weather-related insurance claims in Australia, requiring government intervention to ensure a resilient insurance sector. The Australian Prudential Regulation Authority stress the need for innovative longevity solutions to address longevity risks. Challenges and potential of artificial intelligence integration in the insurance industry are tackled. Remember to visit financialservicesonline.com.au for your up-to-date Australian insurance policies and more.
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