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INsight podcast: another insurer cuts commission as home profitability dips

Chubb has cut broker commission on its Masterpiece home product, as the prudential regulator reveals insurers are struggling again to make money on householders – and both stories are discussed in depth on the latest Insurance News podcast.

As previously reported, APRA statistics show that insurers are losing money again on the troubled line of business.

This week’s edition of INsight, hosted by Insurance News MD Andrew Silcox, features editor-in-chief John Deex, deputy editor Wendy Pugh and senior journalists Bernice Han and Miranda Maxwell.

Also discussed by the panel are the recent NSW floods and the impact on insurability, elevated winter fire risk, and rising concern about the impact of insurance costs on household budgets.

You can find the latest episode, and previous episodes of INsight, published here.