[New post] ICA gives $900m early Australia flood insured loss estimate, says will rise

Steve Evans posted: "The Insurance Council of Australia (ICA) has continued to count rising claims from the recent and in some parts ongoing extreme rainfall and flooding that has affected the Australian east coast region, with claims rising another 25% in the last day and an" New post on Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Alternative Risk Transfer and Weather Risk Management site ICA gives $900m early Australia flood insured loss estimate, says will rise by Steve Evans The Insurance Council of Australia (ICA) has continued to count rising claims from the recent and in some parts ongoing extreme rainfall and flooding that has affected the Australian east coast region, with claims rising another 25% in the last day and an early estimate of $900 million being given for the insured cost so far. Read more of this post Steve Evans | March 3, 2022 at 8:00 am | Tags: insurance, reinsurance | Categories: News, Reinsurance News | URL: https://wp.me/paEjVa-mTY 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/ica-gives-900m-early-australia-flood-insured-loss-estimate-says-will-rise/