The Financial Supervisory Commission has instructed insurers to prepare for typhoon-related claims and support affected customers as Typhoon Champi prompts precautionary closures across the island.
The council is urging the next government to back resilience infrastructure, stronger land-use planning and long-term funding to reduce natural hazard risks and protect insurance affordability.
The parties will also cooperate to support risk pooling across emerging regions, while undertaking advocacy and policy initiatives to strengthen financial resilience and address insurance protection gaps....
The executive will spearhead IBISA's growth strategy in India, targeting opportunities across lending, SMEs, renewable energy and other climate-exposed sectors.
The decision follows opposition from Queensland councils, with further changes aimed at preserving access to recovery assistance and easing funding eligibility.
