Researchers say insurers, reinsurers and governments must balance competing trade-offs around risk sharing, pricing and mitigation to sustain disaster coverage.
The reshuffle covers the board that oversees Australia's terrorism and cyclone reinsurance pools, with new and reappointed members holding terms through 2028 and 2030.
Premiums for medium-to-high risk homes dropped and quote success rates rose, but lowest-risk areas saw a 31% premium rise driven by broader market forces.
