News Non-Life01 Jun 2020

Australia:Insurance losses from Nat CAT season exceed US$3.4bn

01 Jun 2020

The cost of insurance claims from four natural disaster catastrophes declared over the 2019-20 summer has passed A$5.19bn ($3.46bn), with more than 15,000 new claims worth A$270m lodged in the past four weeks, says the Insurance Council of Australia (ICA).

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