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Two thirds of those living in communities impacted by the recent floods do not believe governments are investing enough to protect homes and communities from extreme weather events, a new survey undertaken for the ICA has found.
This document sets out 12 policy areas that insurers have identified as requiring reform, modernisation, or investment, and is the result of collaboration and consultation across the membership of the Insurance Council with stakeholders and policymakers.
The Insurance Council of Australia said the Queensland Government’s Budget of $10 million for resilience, mitigation is a missed opportunity to protect Queenslanders.
'The announcement today will ensure that at-risk Australian communities will be better protected in the future from the devastating effects of floods. The insurance industry commends the government for this bold initiative and looks forward to working with Minister Shorten and relevant government agencies on the development of the program.'...
'Insurance can’t stop the floods – governments are charged with protecting communities, and we have seen the impact this has when mitigation is either insufficient or does not exist,' said ICA Chief Executive Rob Whelan...
'It's the role of governments to put in place the measures that make our communities safer places in which to live, especially those with a known exposure to risk from events such as flooding, cyclones and bushfires.'...
Voluntary Commitments
The organization has no registered commitments.
The Sendai Framework Voluntary Commitments (SFVC) online platform allows stakeholders to inform the public about their work on DRR. The SFVC online platform is a useful toolto know who is doing what and where for the implementation of the Sendai Framework, which could foster potential collaboration among stakeholders. All stakeholders (private sector, civil society organizations, academia, media, local governments, etc.) working on DRR can submit their commitments and report on their progress and deliverables.