Need to make sure Government doesn’t do taxpayer handout subsidies to premiums, as happens in USA for poor little rich kids with beach front villas in Florida
QBE chief warns that severe weather may force premiums to price out customers for certain types of insurance in Australia and around the world.
— Read on www.smh.com.au/business/banking-and-finance/qbe-warns-of-climate-risk-as-300m-hit-to-revenue-alongside-unusual-weather-20200217-p541e3.html