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Best’s News & Research Service subscription required - May 04, 2021 03:49 PM (EDT)

Australian Government Plans $7.7 Billion Reinsurance Pool to Cut Premiums in Cyclone-Prone Areas

Australian Prime Minister Scott Morrison has proposed the creation of a A$10 billion ($7.70 billion) government-backstopped cyclone reinsurance pool for northern Australia, which Morrison said . . .

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