Country Profile – Australia : Insurance Council of Australia: Fixing a market battered by calamities
Source: Asia Insurance Review | Apr 2011
In no other period in Australia’s history has this country faced such unrelenting wrath from Mother Nature. While politicians and the insurance industry bicker about the complexities, the Insurance Council of Australia’s Robert Whelan, Executive Director and CEO, has been there to gel the two viewpoints. He believes that the recent spate of natural catastrophes provides a strong impetus for major changes to the general insurance industry in Australia.
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