Youi’s Oz-flood losses highest in its history at A$140mn
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Youi’s Oz-flood losses highest in its history at A$140mn

Luke Harrison
28 June 2022
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Flood waters, Northern New South Wales, Australia

Australian personal lines carrier Youi has estimated that its gross loss from the Queensland and New South Wales (NSW) floods is the largest in its history, at an estimated A$140mn ($97mn).

It said the exposure, however, was adequately covered by its catastrophe excess of loss and natural perils aggregate reinsurance programmes.

The

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