06-04-2017 12:17 via insuranceinsider.com

Insured losses from Debbie rise to A$410mn

Insurers are now expecting A$410mn ($309mn) in insured losses in
the wake of Tropical Cyclone Debbie, the Insurance Council of
Australia (ICA) said today, as it raised its running loss estimate
by a third.
According to the trade association, as of 9.00am Sydney time,
insurers had received 35,370 claims as a result of the storm.
The previous claims estimate from the ICA was A$306mn on April 4 .
Category 4 Cyclone Debbie, which was downgraded to tropical
storm after making...
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