The government’s reinsurance pool bill could see premiums slashed, but details still scant

Business and community leaders have welcomed proposed legislation aimed at slashing the cost of home insurance for thousands of households in cyclone-prone parts of Australia, but say they are still in the dark about the details. Key points: The reinsurance pool is designed to reduce the cost of home insurance premiums by 46 per cent … Read more

Floods in London: Homes Vulnerable to Floods – Is Yours Protected?

L ondoners are twice as likely to have their homes affected by floods caused by climate change than the national average, according to new figures. Homeowners in the capital face higher insurance premiums that provide more money for flood or repair protection and may find that their properties are “virtually unsaleable”, research from The Climate … Read more