Australian Local Government Association calls for significant increase in Disaster Ready Fund

ALGA suggests increasing annual DRF allocation to AU$450m (US$297m), echoing calls from the industry for more long term solutions to insurance affordability.

Share

Australian local government association calls for significant increase in disaster ready fund

THIS PREMIUM INSIGHT IS FOR SUBSCRIBERS ONLY.

Stay ahead with precise, independent journalism of APAC's insurance markets.

Unlocked access today:

Already subscribed? Log in here

Read next

two-years-on-key-points-of-discussion-remain-for-australian-cyclone-reinsurance-pool
asian-nat-cat-insurance-protection-gap-double-latin-americas
growth-in-sme-cyber-risks-calls-for-adjustments-in-cat-models-guy-carpenter
updated-australian-rainfall-anp-runoff-guidelines-forces-flood-risk-rethink
koreas-life-and-non-life-segments-see-contrasting-net-income-results-in-1h-2024
hong-kongs-direct-general-insurance-underwriting-profit-doubles-in-q2-2024
reinsurers-achieve-highest-returns-on-equity-in-over-a-decade
asia-pacific-insurers-urged-to-improve-data-gaps-to-improve-nat-cat-risk-pricing
hard-reinsurance-market-to-remain-for-at-least-two-more-years-am-best
number-of-insurance-affordability-stressed-households-in-australia-rose-30-in-last-year-actuaries-institute

Share this article