Insurers receive over 12,000 NSW storm-related claims
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Insurers receive over 12,000 NSW storm-related claims

ica insurance council of australia sydney.jpg

The Insurance Council of Australia (ICA) has revealed that insurers have received 12,221 claims related to the recent flooding in New South Wales (NSW) since 1 July.

The estimated insurance loss for the flooding currently sits at around A$142mn ($96mn).

Of the claims received, 83% are for property, 15% motor and 2% commercial.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article