The flooding catastrophe and the expected impact on premiums is among topics discussed on the latest episode of the Insurance News podcast.

KPMG has also highlighted in a report that while the general insurance industry made a strong financial comeback last year, climate change and compounding effects on the severity and frequency of natural disasters will be among challenges lying ahead.

Other topics examined by the podcast panel include mitigation funding in Queensland and the looming federal election, as well as the latest on business interruption test case impacts.

This week’s edition of INsight, hosted by Insurance News Managing Director Andrew Silcox, features the observations of Insurance News Publisher Terry McMullan, Deputy Editor Wendy Pugh and Senior Journalist Bernice Han.

The panel also looks at pressures facing the UK insurance industry, and whether there are lessons from there for the local market.

You can find previous episodes of INsight published here.