It could take up to 12 months before households see savings from a federal government initiative to subsidise home insurance costs in cyclone-prone areas. Home owners in WA's north pay four times more ...

The Australian Government’s cyclone reinsurance pool has lowered insurance premiums for customers facing medium to high risk of cyclone, the ACCC’s fourth insurance monitoring report has found.

A report from the Australian Competition and Consumer Commission says the Cyclone Reinsurance Pool risks worsening affordability in some scenarios and may not deliver forecast cost reductions. The ...

Experts say the cyclone reinsurance pool isn’t working fast enough, and changes are needed to rescue the region from extreme costs. See how. The cyclone pool commenced operations on July 1, 2022, ...

It was touted as a way to fix huge insurance price hikes for at risk homewoners but the flagship cyclone reinsurance policy has failed to attract a single insurer. A report from the Australian ...

Townsville Enterprise Limited, which advocates for North Queensland businesses, was excited about the scheme when it was announced. However, the agency has pulled a public about-face after significant ...