In­sur­ance re­port done

Pilbara News - - Pilbara News -

The North­ern Aus­tralia In­sur­ance Pre­mi­ums Task­force’s re­port has been handed to the Fed­eral Gov­ern­ment, but de­tails have yet to be re­leased to the pub­lic.

A Trea­sury spokesman said the Gover nment had re­ceived the re­port and it was un­der con­sid­er­a­tion.

The task­force was in­ves­ti­gat­ing whether a Gov­ern­ment­backed mu­tual in­surer or rein­sur­ance pool for cy­clone risk would ben­e­fit res­i­dents in the north.

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