Commercial property, Data insight, Data story, Insurance pools, Market report, Nat Cat, News, Non-life, Property, Reinsurance

Australia’s Cyclone Reinsurance Pool hit 99% sum insured coverage, but count of risks covered falls

Pool expected to achieve 100% coverage by year's end, but despite positive impact, external pressures appear to be widening Australia's protection gap.

Ellis Ng

October 29, 2024

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4 min read

New Standards.New Stage.Real Recognition. Entries Closing Soon. Apply now → Entries close
25 September

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Market conditions continue to evolve as businesses review their priorities and plans for growth. The pace of change varies across the region, with local factors shaping how organisations respond.

Attention is turning to the balance between near-term opportunities and longer-term objectives. Decisions made today will help determine how businesses adapt as conditions develop.

While the outlook remains varied, the broader direction reflects a market adjusting to new demands. The implications will become clearer over time as plans move into practice.

New Standards.New Stage.Real Recognition. Entries Closing Soon. Apply now → Entries close
25 September