Cyclone Alfred failed to live up to the worst-case scenario – but it was still a significant loss event and a warning shot that can’t be ignored.

The cover story of the June/July issue of Insurance News magazine asks experts what can be learnt from an event that could have been “magnitudes worse”.

Also in this edition, we examine the state of the market as June renewals come to a head and softening conditions persist. The trend might be good news for clients, but some industry leaders are worried about “nuts” behaviour and a slide away from underwriting discipline.

FM talks resilience and emerging risks, we explore the insurance challenges facing community groups, lenders’ mortgage insurers respond to an existential threat, and NM Insurance celebrates 20 years of smooth sailing.

Finally, the reporting team takes a close look at the remarkable efforts of our industry when it comes to fundraising and volunteering.

It’s all in the latest edition of Insurance News magazine, the industry’s leading publication that’s packed with vital information and fascinating reads. It’s being mailed out to subscribers, and all articles will be available online soon.