According to ABC, Insurance Australia Group says it will pay more for catastrophe insurance cover this financial year, with a total of up to $720 million reinsurance cover including for catastrophes, up from $620 million in the 2011 financial year. The company says it will have insurance protection of nearly $5 billion in 2012, including coverage for earthquakes and floods.
Please help us improve PreventionWeb by taking this brief survey. Your input will allow us to better serve the needs of the DRR community.
Country and region
Australia
Please note: Content is displayed as last posted by a PreventionWeb community member or editor. The views expressed therein are not necessarily those of UNDRR, PreventionWeb, or its sponsors. See our terms of use
Is this page useful?
Yes NoThank you. If you have 2 minutes, we would benefit from additional feedback (link opens in a new window).