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May 2024

Country Profile – Australia: Unprecedented year for the insurance industry

Source: Asia Insurance Review | Apr 2012

The year 2011 will be one that the Australian insurance industry will remember as the most expensive for insured losses ever. Mr Heinrich Eder, Mr Stefan Golling and Mr Nico Conradie of Munich Re’s subsidiary, Munich Holdings of Australasia Pty Ltd share details of the catastrophes, the industry’s reactions to them and the lessons learnt, as well as an overview of the life insurance sector on the continent.

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