Indian Ocean Territories Insurance Experience |
Help Us Build Regional Evidence
Access to affordable and appropriate insurance is an important issue for households, property owners and businesses across Christmas Island and the Cocos (Keeling) Islands.
The unique circumstances of the Indian Ocean Territories, including our remote location, small markets, limited service providers, freight costs and exposure to natural hazards, can create additional challenges in accessing insurance. For some residents and businesses, the issue may not only be the cost of insurance, but whether suitable insurance can be obtained at all.
The Indian Ocean Territories Regional Development Organisation (IOT RDO) is participating in a broader Northern Australia survey to build current evidence about insurance affordability and availability, and to better understand whether insurance conditions have changed since the Cyclone Reinsurance Pool commenced in 2023.
We want to hear from homeowners, property investors, strata communities and business owners about their experiences, including changes in premiums and excesses, access to insurers, adequacy of cover and the impact insurance costs or availability may be having on households, properties and businesses.
The information collected will provide an IOT-specific evidence base and contribute to broader work examining insurance conditions across Northern Australia. It may also support future advocacy and discussions with government and other stakeholders about insurance access and affordability in the Indian Ocean Territories.
Participation is voluntary and anonymous. Responses will be aggregated and reported without identifying any individual or organisation.
The survey should take approximately 5 to 10 minutes to complete.
Responses would be appreciated by close of business Friday, 2 October 2026.