Perils raises Debbie losses to $1bn

Catastrophe data aggregator Perils has estimated Australian
insurance losses from Tropical Cyclone Debbie at A$1.41bn
($1.07bn).
This is a 26 percent increase on Perils' initial loss
estimate in Mayof insured losses of A$1.116bn.
Debbie is the first loss event captured by Perils in Australia
and comes less than a year after the release of the company's
database for the territory.
The third loss estimate for the storm will be released on 28
September, six months after the event.
The...