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

Insurers settle more than half of over 230,000 flood claims

October 03, 2022 Reprints

Data from the Insurance Council of Australia shows that insurers have settled more than half of the estimated $2.8 billion Australian ($1.8 billion) worth of claims related to the February and March floods in Australia, Reinsurance News reported. The floods triggered around 234,000 claims worth AUD5.45 billion in insured losses.

1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Munich Re names new regional chiefs
3. Tycoon gets death sentence for multi-billion-dollar fraud
4. UAE flash floods likely to be manageable for insurers
5. Chinese drone maker suffers major data breach
6. Inflation drives 10% increase in sum insured for windstorms

Help

Insurers settle more than half of over 230,000 flood claims

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