Wed, 17th Jun 2026

Thu, 18th Jun 2026

This podcast episode discusses significant recent events in the Australian insurance industry. It covers NRMA's impending exit from the farm insurance market urging farmers to reassess their coverage with new providers; Sterling Insurance's new professional indemnity binding authority with Lloyd's, providing Australian brokers more control over products and prices for specialised risk sectors; Australian insurtech firm Cohabit's novel digital platform aiming to simplify strata insurance management with transparency and efficiency; and Suncorp's new $2.4 billion strategic reinsurance agreement strengthening its financial resilience against natural hazard costs. The podcast cautions listeners to stay informed as these developments impact different sectors of the insurance landscape.

Wed, 17th Jun 2026

This episode of 'Weekly Insurance News Wrap' presented by Paige Estritori involves key developments within Australia's insurance sector. Major points include NRMA's decision to exit the farm insurance market and the implications for Australian farmers, especially the need to align with providers focused on agricultural coverage. Sterling Insurance has expanded its professional indemnity offerings with a new binding authority from Lloyd's, and enhanced its Australian underwriting team with additions in Brisbane and Western Australia. Insurtech firm Cohabit has introduced a digital platform to streamline insurance management for strata schemes. Lastly, Suncorp has secured a solid $2.4 billion, five-year reinsurance agreement to tackle rising costs of natural hazards, underlining its dedication to effective risk management.

Mon, 15th Jun 2026

In the podcast, Paige Estritori discusses key developments in Australia's insurance industry. Sterling Insurance has secured a professional indemnity binding authority with Lloyd's, offering better control over products and prices to brokers and expanding to cover sectors like design, construction, and training providers. Insurtech firm Cohabit launched a digital platform to manage strata insurance and provide property owners with a tool to compare insurance options. In another move, Suncorp has strengthened its financial standing by securing a $2.4 billion reinsurance deal to help mitigate rising costs of natural hazards. Lastly, the Australian Prudential Regulation Authority notices a surge in public liability insurance premiums, affecting small to medium enterprises and prompting a call for cost review.n

Sun, 14th Jun 2026

In this week's Insurance News Wrap, we discuss the Australian Government's new $27 million Drought Resilience Fund aimed at mitigating future drought impacts and enhancing regional community support. This encompassed cultivation of drought-resistant crops, water-secure infrastructures, and mental health services. Elsewhere, Insurance Australia Group (IAG) announced the successful integration of RACQ Insurance into its reinsurance program and settled a significant $4 billion lawsuit with Greensill Bank. The merger has increased IAG's ceded proportion, and the lawsuit settlement spares more extensive complications. Lastly, a case involving the Australian Financial Complaints Authority underlined the importance of understanding life insurance policies and premium structures, and also resulted in a compensation fee of $750 due to administrative errors. The need for comprehensive financial planning is emphasized, alongside engaging with reliable insurers to guard against unpredictable issues.n

Sat, 13th Jun 2026

In this week's Insurance News Wrap, we touch upon how changes in the superannuation insurance landscape will impact AFL players, with Zurich Insurance excluding traumatic head injury claims from their coverage. We also discuss the Australian Prudential Regulation Authority's (APRA) reforms to improve the sustainability and affordability of longevity products such as annuities. On another note, we highlight a new collaboration between nib and NobleOak Life intending to address Australians' evolving financial protection needs with a range of life insurance products. Finally, we converse over the Council of Australian Life Insurers' (CALI) proposition for an exemption concerning lead generation activities for life insurers. Stay tuned for the latest insurance news at Financial Services Online.