澳大利亚竞争与消费者委员会：2023年保险监督在引入气旋和与气旋相关的洪水损害再保险池后提交的第二次报告（英文版）

The damage to private property caused by extreme weather events, including cyclones, can be severe. It can lead to the displacement of people from their homes, disruption to business activity and lasting damage to communities.1 Due to the greater risk of cyclones in northern Australia, insurance premiums are significantly more expensive compared to other parts of the country, leading to cover becoming less accessible and affordable in these regions. A changing climate, which is expected to ex