MANAGEMENT

Coal insurance call

A SMALL government investment could allow a mutual fund to be established that would ensure coal communities could access reasonably priced finance and insurance services.

Lucas Dow has told the Sydney Mining Club that the government needs to help coal communities get access to reasonably priced insurance. Photo: Courtesy Sydney Mining Club

Lucas Dow has told the Sydney Mining Club that the government needs to help coal communities get access to reasonably priced insurance. Photo: Courtesy Sydney Mining Club

This coal mutual fund could be self-sustaining within five years. It just needs an initial drawdown facility to ensure fund solvency the early years. Getting such support is not unheard of. The reinsurance...

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