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Australia: Disasters put insurers, risks in focus

Source(s): Australian, the
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Photo of the floods in Brisbane by Erik K. Veland, Creative Commons Attribution-NonCommercial 2.0 Generic (CC BY-NC 2.0)
Photo of the floods in Brisbane by Erik K. Veland, Creative Commons Attribution-NonCommercial 2.0 Generic (CC BY-NC 2.0)

'After a disaster, individuals and politicians often find it easier to blame someone else, often an insurance company or a bank, for the poor outcome of a lifestyle decision. This is understandable but it doesn't help people better prepare for the next disaster,' writes Patrick Snowball, group chief executive of Suncorp, in an editorial.

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Last checked: 16 July 2021

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Themes Insurance and risk transfer Governance Preparedness
Country and region Australia

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