Insurance Council of Australia calls for government action on Nat cat risk
A surge in disaster-related claims alongside rising inflation across Australia has driven insurance premiums higher; the ICA is urging the government to implement measures to reduce risk and maintain affordability.
![[explicit brand] logo.](https://reinasia.com/wp-content/uploads/2026/09/insured-catastrophe-losses-could-reach-us-320bn-in-peak-2026-scenario-swiss-re-1-300x169.jpg "Insured nat cat losses could reach US$320bn in peak 2026 scenario — Swiss Re")
