29-06-2017 11:00 via insuranceinsider.com

Debbie claims near A$1bn: ICA

Insured losses from Cyclone Debbie, which struck the east coast of
Australia in late March, have neared A$1bn ($767bn), the Insurance
Council of Australia said today.
As of 28 June, Australian carriers had received more than 58,000
claims in Queensland and New South Wales as a result of the storm
costing the industry A$988mn.
The cyclone caused storm surges and extensive flooding. More
than 80 percent of the claims were for property damage or home
contents damage, the council said....
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