Australia: Draft legislation on ban on genetic testing for life insurance released

Published on September 26, 2025
Australia has released the draft legislation for the ban on genetic testing for underwriting life insurance policies.
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US P&C insurers post record $89bn investment income in 2024: AM Best

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The US property and casualty (P&C) insurance industry generated a record $89 billion in investment income in 2024, marking a 20% year-over-year increase, according to AM Best.The firm reported that the growth was fuelled by higher interest rates, stronger returns from bonds, and increased contributions from cash and short-term holdings.AM Best noted that the Federal Reserve’s 425 basis point rate

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