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Corporate Risk & Insurance Update

Mathematical and Moral Gymnastics:  Government releases Natural Disaster Insurance Review Issues Paper

By Greg Moss of Gadens Lawyers, Sydney

The Natural Disaster Insurance Review panel (the review panel) released its eagerly awaited issues paper late last week, entitled Natural Disaster Insurance Review – Inquiry into flood insurance and related matters (the paper).  The paper seeks to address the availability and affordability of insurance offered by the private insurance market in the aftermath of recent storms and flooding in Queensland and Victoria. read more