Australia’s Valentine’s Day storms estimated industry cost hits $104m: ICA
Reinsurance News - Mar 08, 2024
The Insurance Council of Australia (ICA) has revealed that claims for the severe thunderstorms that impacted Victoria on Valentine’s Day have risen to 19,932, with an estimated cost to the industry so far of $104 million. According to the ICA, around 85% of claims are related to home and contents da...
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