Insurers incurred $2.19bn in claims from extreme weather in 2023-24: ICA

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Reinsurance News - Aug 27, 2024

Insurance Council of Australia’s “Insurance Catastrophe Resilience Report 2023-24”, disclosed that insurers incurred AUD 2.19 billion in claims from declared extreme weather events this year, in line with the previous 12 months. In monetary terms, over the last 30 years insurers paid an average of A...

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