Need for enhanced consumer protection emphasised
Roxanne Libatique May 03, 2024Crown entity noted several light quakes that have led to over 18,000 reports
Insurers urged to work with governments, home buyers, and lenders
Economic losses plunge from a year ago
Current drought conditions recognised by government as medium-scale adverse events
Importance of insurance risk management highlighted
Impact of inflationary environment remains "very evident"
Government and insurance industry insights revealed
Move considered a "monumental leap" forward
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