💨⛈ Update on the Cyclone Reinsurance Pool 💨⛈
My office received an update from the Australian Reinsurance Pool Corporation today.
We have achieved brilliant results here, but the fight is far from over. It is vital that insurance premiums in North Queensland are similar to those offered in the rest of Australia.
While there’s a significant predicted reduction in premiums, there is a risk that we won’t get economic development and investors in Northern Australia until we have premiums that are competitive with those down south.
Read more of my press release featuring Nick Dametto MP below:
https://www.bobkatter.com.au/cyclone-reinsurance-pool-predicts-big-savings-but-jury-still-out-on-cost-reductions
#KAP #BobKatter
Cyclone Reinsurance Pool predicts big savings but jury still out on cost reductions
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