Introducing The Unshakeables, a new podcast from Chase for Business and iHeartMedia's Ruby Studio. Small businesses are the heart and soul of this country, but it takes a brave individual to start and run a company of their own. From mom-and-pop coffee shops to auto-detailing garages -- no matter the type of industry you’re in, every small business owner knows that the journey is full of the unexpected. A single moment may even change the course of your business forever. Those who stand firm ...
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Home Insurance Affordability Update
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Manage episode 374162856 series 2112798
Content provided by Actuaries Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Actuaries Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
One year on from our publication, Home Insurance Affordability and Socioeconomic Equity in a Changing Climate, home insurance affordability remains a significant concern.
To highlight and address this issue, the Institute has published new research, Home Insurance Affordability Update and Funding for Flood Costs: Affordability, Availability and Public Policy Options. Home Insurance Affordability Update examines home insurance affordability in the context of all natural perils, and found that the proportion of “affordability stressed” households – those that spend more than one month’s worth of their gross annual income on home insurance – rose from 10 to 12% in the year to 31 March 2023. These households spend on average 8.8 weeks of their income on home insurance, which is more than seven times what the average household spends.
In this episode, lead author Sharanjit Paddam and Actuaries Institute Executive General Manager of Public Policy and Professionalism explore:
…
continue reading
To highlight and address this issue, the Institute has published new research, Home Insurance Affordability Update and Funding for Flood Costs: Affordability, Availability and Public Policy Options. Home Insurance Affordability Update examines home insurance affordability in the context of all natural perils, and found that the proportion of “affordability stressed” households – those that spend more than one month’s worth of their gross annual income on home insurance – rose from 10 to 12% in the year to 31 March 2023. These households spend on average 8.8 weeks of their income on home insurance, which is more than seven times what the average household spends.
In this episode, lead author Sharanjit Paddam and Actuaries Institute Executive General Manager of Public Policy and Professionalism explore:
- The meaning of extreme affordability pressure and its drivers.
- Affordability by local government area (LGA).
- How the different types of natural perils impact insurance affordability.
- The expected impact of the Cyclone Reinsurance Pool on insurance affordability.
131 episoade
MP3•Pagina episodului
Manage episode 374162856 series 2112798
Content provided by Actuaries Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Actuaries Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
One year on from our publication, Home Insurance Affordability and Socioeconomic Equity in a Changing Climate, home insurance affordability remains a significant concern.
To highlight and address this issue, the Institute has published new research, Home Insurance Affordability Update and Funding for Flood Costs: Affordability, Availability and Public Policy Options. Home Insurance Affordability Update examines home insurance affordability in the context of all natural perils, and found that the proportion of “affordability stressed” households – those that spend more than one month’s worth of their gross annual income on home insurance – rose from 10 to 12% in the year to 31 March 2023. These households spend on average 8.8 weeks of their income on home insurance, which is more than seven times what the average household spends.
In this episode, lead author Sharanjit Paddam and Actuaries Institute Executive General Manager of Public Policy and Professionalism explore:
…
continue reading
To highlight and address this issue, the Institute has published new research, Home Insurance Affordability Update and Funding for Flood Costs: Affordability, Availability and Public Policy Options. Home Insurance Affordability Update examines home insurance affordability in the context of all natural perils, and found that the proportion of “affordability stressed” households – those that spend more than one month’s worth of their gross annual income on home insurance – rose from 10 to 12% in the year to 31 March 2023. These households spend on average 8.8 weeks of their income on home insurance, which is more than seven times what the average household spends.
In this episode, lead author Sharanjit Paddam and Actuaries Institute Executive General Manager of Public Policy and Professionalism explore:
- The meaning of extreme affordability pressure and its drivers.
- Affordability by local government area (LGA).
- How the different types of natural perils impact insurance affordability.
- The expected impact of the Cyclone Reinsurance Pool on insurance affordability.
131 episoade
Alla avsnitt
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