Responding to Queensland's proposal for a mutual insurer, Andrew Hall says a national flood risk pooling scheme and large-scale mitigation investment are needed to fix Australia's insurance affordability...
Dhipaya, Bangkok Insurance and Intra Insurance underwrote the Contractor All Risks (CAR) cover tied to the 14 January crane collapse which killed at least 32 people.
While global losses were below the 10-year average last year, APAC's persistent protection gap means only about US$9bn of its US$73bn losses were insured.
