Revisions to Emergency Response Law introduce stricter rules and larger penalties for handling of natural catastrophes, accidents, and public health emergencies.
Five-year program includes volatility cover from Berkshire Hathaway and Canada Life, which would see FY25 peril costs limited to AU$1.283bn in 90% of modelled scenarios.
“If you're thinking about the companies you insure... do [they] really understand their supply chains?" asked Lord Sedwill at Marsh's Rising Professionals’ Global Forum.
