Insurance has been placed on the agenda as the Victorian Bushfires Royal Commission begins the next round of public hearings.

The royal commission released its interim report last week, announcing the next round of hearings would focus on building standards in bushfire-prone areas.

While insurance is due to be specifically addressed in later proceedings, the Insurance Council of Australia (ICA) is likely to have an input on building standards as early as this week.

When approached for comment, an ICA spokesman directed insuranceNEWS.com.au to an earlier submission dated May 18 in which ICA calls for reform to the Building Code of Australia.

"Community resilience will be improved by expanding building codes so that they acknowledge and enhance the objective of improving a building's resistance to hazards such as bushfire risks," ICA said.

It warns that without improvement the cost of risk transfer such as insurance may soar to the point where insurers may refuse to cover the risk if it is not mitigated through appropriate construction standards.

"Consumers will be left with little recourse regarding recovery after a damaging event except for an increased reliance upon government largesse." In a separate submission, the Institute of Actuaries of Australia recommends insurers offer a reduced premium to customers who take steps to fireproof their homes.

Six rounds of hearings remain before their scheduled conclusion next May. A final report is due in July.