[New post] ICA says Australia flood insured loss now at $1.3bn as claims continue to rise

Luke Gallin posted: "Insurers have now received 86,703 claims related to the Southeast Queensland and New South Wales flooding, resulting in an insurance and reinsurance industry loss of an estimated $1.3 billion, according to the Insurance Council of Australia (ICA). The " New post on Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Alternative Risk Transfer and Weather Risk Management site ICA says Australia flood insured loss now at $1.3bn as claims continue to rise by Luke Gallin Insurers have now received 86,703 claims related to the Southeast Queensland and New South Wales flooding, resulting in an insurance and reinsurance industry loss of an estimated $1.3 billion, according to the Insurance Council of Australia (ICA). Read more of this post Luke Gallin | March 7, 2022 at 8:00 am | Tags: insurance, reinsurance | Categories: News, Reinsurance News | URL: https://wp.me/paEjVa-mVk 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-says-australia-flood-insured-loss-now-at-1-3bn-as-claims-continue-to-rise/