There is a 70% chance El Niño develops in 2023; its cooler average sea temperatures are expected to fuel severe weather, including droughts and wildfires.
A new report, commissioned by CHOICE in conjunction with the Australian Climate Council, highlights the urgent need for insurance reform to protect consumers from being left underinsured and priced out...
Investments led to wider operating deficit, but Fitch maintained rating due to reduction in underwriting deficit, strong capital, and continued support from its parent company.
