INQ185
Recommendations for this Inquiry
INQ-ref | REC-UID | CODE | SubCode | SrcNUM | Recommendation |
---|---|---|---|---|---|
INQ185 | REC185-1930 | D - Recovery | 6 - Insurance and legal liability | Recommendation 1 | The committee recommends that the Commonwealth Government consult with state and territory governments to ensure that the states' and territories' captive insurance and reinsurance arrangements are reported transparently and on a comparable basis. |
INQ185 | REC185-1931 | E - Agency Organisation | 37 - Funding | Recommendation 2 | The committee recommends that the Commonwealth Grants Commission ensures that as part of the current redesign of its data request, state and territory governments are required to include their past insurance and reinsurance receipts for natural disaster insurance premiums. |
INQ185 | REC185-1932 | D - Recovery | 6 - Insurance and legal liability | Recommendation 3 | The committee recommends that a particular focus of the Natural Disasters Insurance Review into the adequacy of current insurance arrangements should be on whether the international insurance market offers reinsurance for the states' and territories' road networks. |
INQ185 | REC185-1933 | D - Recovery | 6 - Insurance and legal liability | Recommendation 4 | The committee recommends that the Commonwealth Treasury clarify what is meant by the term 'cost-effective' as it relates to the 2011 NDRRA Determination and the scrutiny of the states' and territories' insurance arrangements. |