Australia Takes Action on Flood Defence
AIR+ 27 Feb 2025
The Insurance Council of Australia (ICA) has announced a series of initiatives aimed at protecting Australians from the growing risk of natural disasters.
These measures also aim to make insurance more affordable for homeowners and businesses, addressing a critical need in light of increasing climate-related events.
This development comes as insurers grapple with the increasing impact of climate change, including more frequent and severe flooding events.
Anoop Khanna wrote this story on February 27, 2025.
