[New post] Australian flood loss seen up to A$2bn, with reinsurers on the hook

Steve Evans posted: "Global reinsurance markets are expected to bear the brunt of the Australian east coast flood losses, according to S&P Global Ratings, while claims reported have risen by another 53% overnight. Australian property casualty insurers are expected to m" New post on Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Alternative Risk Transfer and Weather Risk Management site Australian flood loss seen up to A$2bn, with reinsurers on the hook by Steve Evans Global reinsurance markets are expected to bear the brunt of the Australian east coast flood losses, according to S&P Global Ratings, while claims reported have risen by another 53% overnight. Read more of this post Steve Evans | March 2, 2022 at 8:00 am | Tags: insurance, reinsurance | Categories: News, Reinsurance News | URL: https://wp.me/paEjVa-mT9 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/australian-flood-loss-seen-up-to-a2bn-with-reinsurers-on-the-hook/