Perils cuts Queensland hailstorm loss by 10% to A$1.1bn
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Perils cuts Queensland hailstorm loss by 10% to A$1.1bn

Anna Sagar
04 May 2021
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HAIL STORM PARLIAMENT HOUSE CANBERRA

Zurich-based loss aggregator Perils cut its loss figure for southeastern Queensland hailstorms in October by 9% to just over A$1.17bn ($905mn).

Property damage made up around 86% of total insured losses with motor losses taking up the remainder.

The initial loss figure for the event was A$1.23bn,

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Topics

Perils Weather Claims and losses News Property
AS
Anna Sagar
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