Suncorp and IAG Research Initiative to be congratulated

Source: Bureau of Meteorology

Source: Bureau of Meteorology

It was pleasing to see that IAG and Suncorp will join forces with James Cook University to study the impact of tropical cyclones on strata properties in the region.

As we all know, the industry has taken a lot of poor publicity for rate increases that were certainly necessary and to actually have some detailed research completed to accompany the excellent work of the Federal Governments Auditor-General Department will hopefully help explain the risk issues to the industry critics.

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