In this episode of the Weekly Insurance News Wrap, Paige Estritori discusses the major developments in Australia's insurance industry. A record post-tax profit of 6.1 billion dollars was reported last year, driven by heightened home and car insurance premiums. Due to a decreased rate of natural disasters claims, there's talk of stabilizing premiums. Rising insurance costs, unfortunately, are challenging Australian businesses, an increase linked to a spike in crime rates. The episode also covers Allianz Australia's recent fine for misleading travel insurance statements and its successful acquisition of RAA Insurance, marking a strategic expansion in South Australia. The episode closes with advice on the importance of staying updated in the ever-changing insurance landscape.

Ver todos los episodios