INQ336
Recommendations for this Inquiry
INQ-ref | REC-UID | CODE | SubCode | SrcNUM | Recommendation |
---|---|---|---|---|---|
INQ336 | REC336-4483 | F - Research and technology | 13 - Mapping and data quality | Recommendation 1 | The committee recommends that the Australian Government ensure that future releases of modelling are provided well in advance of key dates in the ongoing roll-out of the Cyclone Reinsurance Pool. |
INQ336 | REC336-4484 | D - Recovery | 6 - Insurance and legal liability | Recommendation 2 | The committee recommends that the Australian Government review: |
INQ336 | REC336-4485 | D - Recovery | 6 - Insurance and legal liability | Recommendation 3 | The committee recommends that the Australian Government direct the Australia Competition and Consumer Commission to monitor the cyclone insurance markets in Northern Australia, and report on: |
INQ336 | REC336-4486 | A - Responsibility | 21 - Role of Commonwealth Government | Recommendation 4 | The committee recommends that the Australian Government announce a position on the inclusion of marine insurance in the Cyclone Reinsurance Pool. |
INQ336 | REC336-4487 | B - Preparedness | 1 - Land-use and building regs | Recommendation 5 | The committee recommends that the Australian Government facilitate a coordinated approach to land use planning, building codes, mitigation and disaster resilience that includes the National Emergency Management Agency and other levels of government. |
INQ336 | REC336-4488 | D - Recovery | 6 - Insurance and legal liability | Recommendation 6 | The committee recommends that the Australian Government’s 2025 review of the Cyclone Reinsurance Pool consider: |
INQ336 | REC336-4489 | A - Responsibility | 25 - Inquiry, audit, lessons management and after action review | Recommendation 7 | The committee recommends that future reviews of the Cyclone Reinsurance Pool consider the sum insured limit under the business property policy. |