“Our analysis shows the pool is lowering premiums of policyholders who live in areas with higher cyclone risk, as it was designed to do. However for many consumers in northern Australia, high cyclone ...

The Insurance Council of Australia (ICA) has called for a greater emphasis on risk mitigation and climate resilience as the federal government undertakes its first statutory review of the Cyclone ...

The federal government has put the insurance industry on notice, announcing its industry probe will now include hearings in FNQ in the wake of cyclonic storms over summer. Speaking after an insurance ...

A report from the Australian Competition and Consumer Commission says the Cyclone Reinsurance Pool risks worsening affordability in some scenarios and may not deliver forecast cost reductions. The ...

Don't miss out on the headlines from Townsville. Followed categories will be added to My News. The $10bn-a-year federally-backed scheme is supposed to allow insurers to offset some cyclone-related ...

It could take up to 12 months before households see savings from a federal government initiative to subsidise home insurance costs in cyclone-prone areas. Home owners in WA's north pay four times more ...

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.