Australia: 'Queensland unlikely to find disaster reinsurance' - official
Source(s):
Sydney Morning Herald, Fairfax Digital Network
In a report by the Sydney Morning Herald, State Treasurer Andrew Fraser said that it is unlikely that Queensland will find affordable natural hazard insurance for its infrastructure, but will 'jump through hoops' anyway to meet the requirements of the flood levy.
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Hazards
Flood
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Insurance and risk transfer
Country and region
Australia