ICA: Insurers face A$2.19bn loss bill in 2023/24 as flood costs rise
Australian insurers incurred A$2.19bn ($1.47bn) of claims from declared extreme weather events over the past 12 months, according to the Insurance Council of Australia.
Australian insurers incurred A$2.19bn ($1.47bn) of claims from declared extreme weather events over the past 12 months, according to the Insurance Council of Australia.