Time for action as disaster risks rise, insurer says

Posted by Sydney Morning Herald: Peter Hannam on January 8th, 2013
Sydney Morning Herald: Australia's exposure to natural risks is on the increase and governments at all levels should step up joint efforts to limit the losses and prevent insurance costs from spiralling higher, one of the country's biggest insurers says. Modest investments in flood or fire mitigation measures can significantly reduce the cost of the disasters when they inevitably occur, Suncorp Group said in its Risky Business report on risk management. "More frequent extreme weather events, economic growth, urbanisation......

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