News - Australia: Disaster insurance and national disaster fund study

Source: Asia Insurance Review | Apr 2011

With the country left with an estimated clean-up bill of A$10 billion (US$10 billion) after recent cyclones and floods in Queensland, the government is looking into the need for a national disaster fund, and if it should provide insurance or reinsurance through some kind of national scheme.

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News - Australia: Disaster insurance and national disaster fund study

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