This episode of the Weekly Insurance News Wrap discusses key issues in the Australian insurance industry. The Australian Chamber of Commerce and Industry, alongside the Insurance Council of Australia, are expressing concern over climbing insurance premiums impacting small to medium-sized businesses. They suggest actions such as scrapping insurance taxes, reviewing costs, and developing new products for SMEs. The country's largest insurer, QBE Insurance Group, experiences a dip in premium rate growth, though seeks profitability in the 2026 fiscal year. Meanwhile, Swedish firm EQT contemplates a substantial transaction with AUB Group, signifying a growing global interest in Australia's insurance market. Despite these dynamics, general insurers report a decade-high return on equity. The episode ends with a reminder to consumers to stay proactive, and monitor their insurance policies and market trends regularly.n

Ver todos los episodios