Latest report on PI and PL claims from the National Claims and Policies Database
Tue Aug 18 2009The Australian Prudential Regulation Authority (APRA) today released the latest set of annual reports on policies and claims for public and products liability (PL) and professional indemnity (PI) insurance from the National Claims and Policies Database (NCPD). These reports include information on policies and claims as at 31 December 2009.
The NCPD was established by APRA in 2003 at the request of the Australian Government in consultation with the insurance industry and other stakeholders to provide insurers, the community and state and federal governments with a better understanding of PL and PI insurance and the ability to monitor trends in premiums and claim costs.
A copy of the NCPD reports may be obtained from the National Claims and Policies Database web site�www.ncpd.apra.gov.au�(registration is required, but is free of charge). View the APRA media release >
2 July 2010