A shift to a broad-based property charge would lower costs for most households and businesses while expanding insurance uptake, the industry body said.
Researchers say insurers, reinsurers and governments must balance competing trade-offs around risk sharing, pricing and mitigation to sustain disaster coverage.
Aviva has appointed Jill Stewart as head of Australia for Probitas Pacific, following Max Broodryk’s decision to leave the business, the insurer said on Wednesday.
Broodryk, currently country manager...