New report shows improvement in accessibility, but warns 'misalignment on views of cyclone pool coverage' and building cost inflation remain key issues for affordability.
As Cyclone Jasper brews off the North Quensland coast, ACCC releases report saying premiums in North WA, North QLD, and NT went up 4%, 7%, and 13% receptively this year.
GIC Re and P&C insurers deliberate reallocating portion of 150bn rupee (US$1.8bn) terrorism pool toward mitigation of risks related to nuclear energy and sanctioned imports.
ACIL's findings suggest Australia's Reinsurance Pool is not delivering as expected with respect to consumer savings and fostering market competition; recommendations include greater transparency from...
The Australian Government introduced the AU$10bn (US$6.7bn) cyclone and flood damage reinsurance pool in July 2022 to help insurance companies manage NatCat risks.
