[New post] Australia flood claims approach 100,000 as ICA estimates $1.45bn insured loss

Luke Gallin posted: "The flooding in Southeast Queensland and New South Wales has now resulted in 96,844 claims, which based on previous flood events is an estimated insurance industry cost of $1.45 billion, according to the Insurance Council of Australia (ICA). The ICA ha" New post on Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Alternative Risk Transfer and Weather Risk Management site Australia flood claims approach 100,000 as ICA estimates $1.45bn insured loss by Luke Gallin The flooding in Southeast Queensland and New South Wales has now resulted in 96,844 claims, which based on previous flood events is an estimated insurance industry cost of $1.45 billion, according to the Insurance Council of Australia (ICA). Read more of this post Luke Gallin | March 8, 2022 at 8:00 am | Tags: insurance, reinsurance | Categories: News, Reinsurance News | URL: https://wp.me/paEjVa-mW3 Unsubscribe to no longer receive posts from Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Alternative Risk Transfer and Weather Risk Management site. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.artemis.bm/news/australia-flood-claims-approach-100000-as-ica-estimates-1-45bn-insured-loss/