Australian gov publishes draft legislation for A$10bn cyclone reinsurance pool

Australia has moved a step closer to forming a new state-backed A$10bn ($7.1bn) cyclone and related flood reinsurance pool after the country’s government released a draft bill and explanatory memorandum ahead of its expected launch on 1 July 2022.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@wbmediagroup.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com