Thu, 18th Apr 2024

18/04/2024 2 min

Listen "Thu, 18th Apr 2024"

Episode Synopsis

In this week's financial podcast, Paige Estritori shares the latest trends and news from Australia's insurance sector. Key topics include the shift towards sustainable insurance policies with insurance companies beginning to consider environmental, social, and governance factors. The Australian Prudential Regulation Authority has initiated an investigation into the impact of climate risks on the insurance industry. Rising mental health claims have begun to impact the Life insurance sector, potentially driving up premiums. Major health insurance providers are discontinuing certain Extras covers which could leave many Australians without additional benefits. In the realm of small business insurance, new products are appearing to meet the needs of growing startups and established enterprises. For more detailed insights, listeners are encouraged to visit the Financial Services Online website.n