CompaniesFinancial ServicesGeneral insurancePrint articlePM ‘listening’ to North Queensland with $10b reinsurance poolMark LudlowContributorMay 4, 2021 – 5.41pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginInsurance premiums for people in northern Australia should fall by about 10 per cent as a result of the federal government’s proposed $10 billion reinsurance pool, says Prime Minister Scott Morrison.While the insurance industry has previously pushed back hard against any government intervention in the market, the Insurance Council of Australia said it would try to work to implement the scheme which has been pushed by local MPs, including crucial North Queensland crossbencher Bob Katter.Loading...Mark Ludlow was formerly the Queensland bureau chief. Connect with Mark on Twitter. Email Mark at mludlow@afr.comSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreGeneral insuranceScott MorrisonJosh FrydenbergBob KatterCraig KellySuncorpLatest In Financial servicesFetching latest articlesMost Viewed In CompaniesThe Australian Financial Review MagazineAFR Magazine celebrates The Art of MovementLauren Sams‘We don’t want to die wondering’: Jo Horgan on Mecca’s biggest bet yetThis Brisbane restaurant deserves a Michelin starBOSS Financial ReviewWhy Grant Hackett enjoys being a CEO more than winning Olympic goldSally Patten and Lap PhanThis CEO thought he was healthy. Then he went for a checkHow the Macquarie CEO played a role in setting me up to lead MagellanLife & LeisureRum aged on a ship plus other distilled oddities for your drinks cabinet50 mins agoMax AllenThis electric Benz is better than any petrol-powered off-roaderWashington DC’s antidote to the Trump slumpRich ListWhy cashing out won’t be easy for Australia’s gambling billionairesPrimrose RiordanSpotlight’s new Anaconda will teach shoppers to fishPortelli hits fast lane on mooted LMCT+ sale, MacCap takes the wheel
