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Dec 03, 2021

Draft laws out on cyclone reinsurance pool

Draft laws out on cyclone reinsurance pool

The Federal Government has taken the next step to establish a reinsurance pool for cyclones and related flood damage, releasing draft legislation for the measure. Federal Member for Leichhardt Warren Entsch said legislation would be introduced into parliament in the first sitting weeks of 2022 following the public consultation period. “The pool will improve the…

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