australia floods cost insurers us$635m in february: aon s catastrophe recap /

Australia’s Northern Queensland experienced widespread flooding from Jan. 26 to Feb. 7,which cost insurers more than A$893 million (US$635 million) with total economic losses of at least A$1.7 billion (US$1.2 billion). according to affect Forecasting, Aon’s catastrophe model development …

Source: insurancejournal.com