The Australian Prudential Regulation Authority released the latest set of annual reports on policies and claims for public and product liability and professional indemnity (PI) insurance from the National Claims and Policies Database. The reports contain data as at 31 December 2010.
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.
The reports are available at: http://www.ncpd.apra.gov.au/
29 September 2011