Federal government announces reinsurance pool to cover cyclone damage in northern Australia

The Morrison Government announced the establishment of a $10 billion Reinsurance Pool and $40 million Strata Title Resilience Pilot Program. SCA has long advocated for the establishment of a reinsurance pool and is actively engaged with the Federal Treasury working on the design and delivery of each program.

Content retrieved from: https://www.abc.net.au/news/2021-05-03/federal-government-reinsurance-pool-northern-australia/100113554.