Insurance losses from Cyclone Alfred & North QLD floods reach AU $1.2bn

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Reinsurance News - Apr 02, 2025

The Insurance Council of Australia (ICA) has reported that insurance losses from ex-Tropical Cyclone Alfred and the North Queensland floods in February have now surpassed AU$ 1.2 billion. According to the ICA, insurers have received over 95,000 claims totalling nearly $1 billion for damage caused by...

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