With Asia Pacific expected to gain nearly US$800bn in data centre investment by 2030, water stress and fire risk quality have emerged as interconnected vulnerabilities.
Four submissions covering business pack and interruption insurance, workers’ compensation, and cyber insurance have been lodged before a Parliamentary Joint Committee inquiry.
The budget outlines support for new insurance solvency rules and greater disclosure standards, but focus on growth sectors—such as low-altitude aviation and autonomous vehicles—will bring new opportunities...