In response to COVID-19, the Australian Government introduced an indefinite ban on all overseas travel in late March 2020. With major Australian airlines speculating international flights won’t resume until at least July 2021, the travel industry is likely to endure long-term ramifications. Danielle Casamento considers the impact that changing customer expectations and travel behaviours might have, and what the ‘new normal’ might be for the industry in a post-COVID-19 world.
Life Insurance and Wealth Management Practice Committee (LIWMPC) Convenor, Anton Kapel, is joined by committee member David Millar to discuss the latest news and developments from the LIWMPC. These include the committee’s structure, its response to the Hayne Royal Commission, and the challenges posed to life insurers by COVID-19.
The previous Scenario and Stress Testing Pandemic Briefing was issued as a draft in May. Since then, the Working Group has gathered feedback from Members and updated the document.
Posted 2 March 2020
Posted 6 August 2019
Posted 5 August 2019