Three policies have been issued to Hoger Offshore and Marine, Vedanta Sterlite Copper and Balrampur Chini Mills, indicating early uptake by industrial and shipping‑linked corporates.
The state-run insurer is targeting five calamity-hit provinces, offering short-term liquidity to communities affected by floods, landslides, Typhoon Basyang, and El Niño.
The panel, due to report by 18 November 2026, will assess funding design options for the only remaining mainland Australian state relying on an insurance-based levy.