OFFICIAL

The Government has today released exposure draft legislation for the establishment of a reinsurance pool for cyclones and related flood damage.

The exposure draft legislation and an explanatory factsheet can be found on the Treasury website.

The Government is seeking stakeholder views on the exposure draft legislation. Responses may be submitted via email to the Treasury Cyclone Reinsurance Pool Taskforce at reinsurancepool@treasury.gov.au up until 17 December 2021.

Kind regards,

Cyclone Reinsurance Pool Taskforce

Treasury, Langton Crescent, Parkes ACT 2600

Email: reinsurancepool@treasury.gov.au