ICA: Debbie losses have reached $570mn
Insured losses from Cyclone Debbie, the storm that struck the
eastern coast of Australia and New Zealand in late March, have
risen by almost 15 percent in the last two weeks, according to data
from the Insurance Council of Australia (ICA).
A spokesperson for the ICA told The Insurance
Insider today that total losses stand at A$756mn
($570.4mn) from 50,056 claims, up from A$660mn in losses and 41,105
claims on 11 April.
Cyclone Debbie hit Queensland and northern New South...
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