ICA puts 20 December hailstorm cost at $480mn

07 January 2019

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Insurers are facing claims of A$673.9mn ($480.7mn) from a hailstorm that struck Sydney, the central coast and the southeast Queensland areas of Australia on 20 December, according to an official tally.

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ICA puts 20 December hailstorm cost at $480mn

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ICA puts 20 December hailstorm cost at $480mn

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Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM