Late October Australia storm cost insurers US$740m: Perils

December 13 2021 by

The initial estimate of the insured market loss is A$1.028 billion (US$740 million) for the severe storms that hit southern Australia between October 28 and 30, according to a Perils announcement.

...

To continue reading the full article and get full access to the InsuranceAsia News platform, please enquire about a subscription.

Your company may already have a corporate license in place.

Already a Subscriber? Please Login

MORE FROM: Claims
Partner Content
  • FM Global | Resilience: No longer a choice

    As climate disclosure becomes mandatory and new risks emerge from natural hazards, understanding the tools that are available to build resilience is more important than ever.