ICA says 2022 floods caused $7.7bn in incurred losses as it welcomes gov recommendations

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Reinsurance News - Oct 18, 2024

Andrew Hall, Chief Executive Officer of The Insurance Council of Australia (ICA), disclosed that four unprecedented flood events across 2022 saw more than 305,000 claims and $7.7 billion in incurred losses, including $6.3 billion from just one event. The ICA welcomed the House of Representatives Sta...

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