This podcast episode covers the latest in the insurance industry. Paige Estritori discusses the Australian Securities and Investments Commission's decision to extend regulatory relief to general insurance providers, freeing them from appointing product distributors as authorised representatives until August 2030. This move aims to lessen compliance costs and bolster industry competitiveness. Cybersecurity is underscored as a growing concern, with recent attacks demonstrating the need for robust defenses and the rising necessity of cyber insurance, combined with stringent security protocols. The show also notes Swiss Re Institute's prediction of a rise in global property and casualty insurance premiums, with the market value expected to double to $US4.3 trillion by 2040. The role of innovation and Captive insurers in this growth is also highlighted.

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