The Australian Government’s cyclone reinsurance pool has lowered insurance premiums for customers facing medium to high risk of cyclone, the ACCC’s fourth insurance monitoring report has found.
Experts say the cyclone reinsurance pool isn’t working fast enough, and changes are needed to rescue the region from extreme costs. See how. The cyclone pool commenced operations on July 1, 2022, ...
Townsville Enterprise Limited, which advocates for North Queensland businesses, was excited about the scheme when it was announced. However, the agency has pulled a public about-face after significant ...