Flood catastrophe insured losses could hit $2 billion

Flooding in NSW and Queensland is likely to lead to insured losses of at least $1 billion and possibly $2 billion, making it one of Australia’s worst flood events on record, S&P Global Ratings said today.

Content retrieved from: https://www.insurancenews.com.au/daily/flood-catastrophe-insured-losses-could-hit-2-billion.