Perils raises insured cyclone loss estimate to $1.2 billion
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Business Insurance - Aug 18, 2023
Perils AG has increased its insured and reinsured loss estimates for Cyclone Gabrielle, which impacted the North Island of New Zealand Feb. 11-17, by nearly 5% to $2.02 billion New Zealand ($1.2 billion), Asia Insurance Review reported. The figure includes commercial lines property losses which repr...
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