Reinsurance pool for cyclones and related flood damage

This consultation process has now been completed. Submissions available
Consultation Type
Consultation Paper

Key Documents

On 4 May 2021, the Government announced its intention to establish a reinsurance pool for cyclones and related flood damage, to commence from 1 July 2022 and be backed by a $10 billion Government guarantee. The pool would cover residential, strata and small business property insurance policies in Northern Australia.

A Treasury-led Taskforce is consulting with industry and community representatives, as well as other interested stakeholders, to develop a final design for the reinsurance pool.

The purpose of this consultation paper is to seek comments on key design features of a reinsurance pool for cyclones and related flood damage, which would aim to improve the accessibility and affordability of insurance in cyclone-prone areas.



63 submissions were received for this consultation, including 6 confidential submissions.

Actuaries Institute - pdf 228.55 KB
Archers - pdf 433.37 KB
Assorted consumers - pdf 332.04 KB
Carter, Ms Rachel Anne - pdf 10.42 MB
Christian, Ms Angela - pdf 417.09 KB
Connect Housing Group - pdf 114.72 KB
Cyclone Testing Station - pdf 343.84 KB
Daw, Mr Steven - pdf 100.77 KB
Devaney, Mr John - pdf 149.63 KB
Faulkner, Mr Mark - pdf 187.22 KB
Fernandes, Dr Leanne - pdf 522.47 KB
Henschke, Mr Jurgen - pdf 86.53 KB
Legal Aid Queensland - pdf 239.38 KB
Moffat, Mr William - pdf 210.23 KB
Queensland Treasury - pdf 1.01 MB
Racing Queensland - pdf 795.2 KB
Thomas, Mr Bruce - pdf 92.26 KB
Thomas, Ms Cheryl - pdf 92.3 KB
Town of Port Hedland - pdf 9.71 MB
Upton, Mr Anthony - pdf 470.05 KB
Waymark Hotels Group - pdf 203.79 KB