News Non-Life14 Mar 2023

Australia:PERILS estimates record insured losses from 2022 East Coast at over US$4.3bn

| 14 Mar 2023

PERILS, the independent Zurich-based organisation providing industry-wide catastrophe insurance data, says that its fourth and final industry loss estimate for the Eastern Australia floods in 2022 is A$6,527m ($4,348m). The event generated the largest loss on record for the Australian insurance industry.

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