With average insurance premiums up 28% in the past year, there’s growing pressure on the insurance industry to rethink its opposition to a government-owned and run disaster reinsurance pool.
- Research Fellow, The University of Queensland
The less we are insured, the higher the premiums, the more the government has to help, and the less are insured. A model used overseas points to a way out.
Wandering around Australia, you might want to watch your step — the country currently has more than 50,000 abandoned mines. Some represent a significant threat from contamination; others may pose safety…
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