Risk Control Sites

The following are sites worth accessing just to receive advice about how to reduce every day risks to yourself and your business.

Scam Watch

Tropical cyclone services

Tropical cyclone seasonal outlook
Issued at the beginning of the season to provide an estimate of the level of tropical cyclone activity in the coming season.
Tropical cyclone outlook
Issued daily throughout the tropical cyclone season. They provide a forecast up to three days in advance of the probability of cyclone development in the seas around Australia.
Tropical cyclone information bulletin
Issued when a cyclone is active in the Australian region, but is not expected to impact land-based communities within 48 hours.
Tropical cyclone watch
Issued if a cyclone is expected to affect coastal communities within 48 hours, but not expected within 24 hours.
Tropical cyclone warning
Issued if a cyclone is affecting or is expected to affect coastal communities within 24 hours.
Tropical cyclone advice for Norfolk Island
New Zealand is responsible for issuing cyclone Watches and Warnings for Norfolk Island. The Bureau of Meteorology provides a re-packaged version of the NZ advice
Technical bulletin
The Tropical Cyclone Technical Bulletin provides technical details about the cyclone.
Tropical cyclone forecast track map
Issued with tropical cyclone advices to give a graphical representation of the cyclone's past track forecast movement and its threat area.
Tropical cyclone forecast track maps: GIS Compatible Format
All current forecast map graphics available in GIS compatible format.
Registered user product - available in trial mode for 2008/09 then will be available thereafter on a cost-recovery basis.
Marine warnings
Marine warnings are issued for high seas and coastal waters threatened by cyclones.

Note that other specialised services are provided to key stakeholders - like emergency service organisations. These generally provide detailed technical information to assist these organisations in planning disaster mitigation strategies. 

Latest News

D&O premium pool ‘must treble’ to return to profitability

A new report – called "Show Me The Money!" by insurer XL Catlin and law firm Wotton + Kearney – is the second in a series of three white papers on securities class actions and their impact on the Directors & Officers Liability (D&O) market. The main conclusion is that Directors’ and officers’ (D&O) insurance premiums are under-priced significantly and need to rise strongly to restore profitability. The main risk areas are those exposed to securities class actions, 

It says Directors & Officer's Side A, Side B and Side C cover has been chronically underpriced since at least 2011, while the frequency of class actions is increasing as more plaintiff lawyers and litigation funders enter the space.

The analysis suggests last year’s overall premium pool of about $210 million would need to increase by at least three times to establish a profitable market, if it is assumed all other factors stay unchanged.

“Recent market developments would indicate most D&O insurers are now endeavouring to restore some semblance of profitability to their portfolios after years of market losses,” the report says.

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75% of Cyclone Debbie claims settled

In the 6 months since Cyclone Debbie devastated Queensland and parts of northern New South Wales:

• more than 31,000 homes and business have been repaired or received settlements from their insurance company

• more than 20,000 families have had possessions replaced

• more than 4,500 motor vehicles have been repaired or new vehicles provided

• hundreds of local builders and trades have been working on properties to repair the damage and destruction caused by the cyclone

• over $5 million has been paid EACH DAY to assist local communities, residents and businesses.

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