Listen "Fri, 26th Dec 2025"
Episode Synopsis
This episode of "Weekly Insurance News Wrap" features key developments in the insurance industry from the last week of December 2025. CHU, Australia's leading strata insurance agency, raises its insurance capacity from $300 million to $690 million, offering customers more choice, flexibility, and an efficient indicative pricing tool for brokers. Contrarily, the Construction Insurance Market Update noticed a reduction in insurance premiums, attributed to increased competition and an amplified number of insurers. On the healthcare front, insurance regulations received serious revisions with mandatory higher coverage limits for professional indemnity insurance, inclusion of telehealth services, and increased patient safety measures. However, this brought a rise in malpractice claims and subsequently, insurance costs. Therefore, the healthcare professionals are advised to review their policies frequently, improve skills, and reduce potential errors.
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