Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Townsville floods' insurance tab rises to $740 million

March 21, 2019 Reprints

Flooding in Townsville, Australia/ SHUTTERSTOCK.COM

The Insurance Council of Australia predicted that the final insured damage bill for the recent Townsville floods in Queensland would be around $740 million, Artemis.bm reports. Rob Whelan, the council's chief executive, said that the losses have triggered some insurers including Suncorp Group Ltd.'s reinsurance layers.

Help

Townsville floods' insurance tab rises to $740 million

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources