AIR+14 Apr 2022

Australia:Reinsurers expected to review contracts amid floods

| 14 Apr 2022

Reinsurers are expected to bear the brunt of the flood season in Australia. The country had declared a national emergency to deal with the floods and the Insurance Council of Australia put insured losses so far in excess of $A2.5bn ($1.85bn). AM Best expects that figure to rise as the estimate reflects current claims reporting rather than the final bill when more claims are submitted.

Archived articles are available to Magazine subscribers only.

If you are already a subscriber

OR sign-up for a trial access here Trial Access

For Full Access to the magazine SUBSCRIBE here.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

 
Error : Object reference not set to an instance of an object.

Recent Comments
Other News


Follow Asia Insurance Review