Climate disasters making insurance unaffordable

The Australian suburbs at risk of becoming un-insurable due to climate-fuelled disasters

According to a report commissioned by the Climate Council, climate-fuelled weather disasters are leading to more Australian homes becoming uninsurable. It identified dozens of areas that are high risk across the country, with many already feeling the impacts on their premiums.

The Un-insurability Crisis Is Upon Us – 3 Possible Scenarios for What’s Next

Insurers should, through their disclosure and lobbying power, play a key role in achieving a safer and more resilient world.  Through disclosure, they can share their vast knowledge about the financial risks of a climate changed world.  Through lobbying, they can advocate for a suite of laws and policies that make the world more insurable in the face of the ever-mounting risks.

Climate disasters making insurance unaffordable

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Three of Australia's riskiest areas for property insurance are in the Hunter

Discover the at-risk electorates in the Hunter facing unaffordable insurance due to climate change. Up to 15% of properties are 'high risk', the Climate Council says.

Storms, stats and the broker difference by AEI Transport Insurance Brokers

Australia’s trucking industry is the backbone of our economy, but it’s increasingly operating in a high-risk environment. With severe weather events becoming more frequent and intense, truck operators are facing growing exposure to unexpected and devastating losses. Recent data from the Insurance Council of Australia (ICA) underscores just how vital it is for trucking businesses to have comprehensive, tailored insurance cover—and the right broke…

New report shows Hunter properties at high risk of severe weather damage

A new report claims tens of thousands of Hunter properties are at high risk of damage, due to extreme weather brought about by climate change. The Climate Council study – also highlighting the dire impact on insurance premiums.