Cyclone Debbie costs could reach ‘hundreds of millions of dollars’

The Insurance Council of Australia (ICA) said that Tropical Cyclone Debbie triggered 7,500 claims and that insurance losses could reach into the hundreds of millions of dollars as householders and businesses return to their properties and lodge claims.

The rest of this article is locked for subscribers only. Please login to continue reading.

If you don't have a login, you will need to purchase a subscription to gain access to this article, including all our online content. Please use this link and follow the steps.

To request a FREE 2-week trial subscription, use the same link but select the 'trial' option in the dropdown box. NOTE - this can take up to 48hrs to be approved.

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

Insurance Council of Australia, Natural Catastrophe, Property Insurance, Reinsurance, Australia, Asia Pacific, Rob Whelan

More on this story

Cyclone Debbie insured losses rise to A$1.74bn
28-03-2018

Swiss Re puts Cyclone Debbie claims at $350m, total insured market losses at $1.3bn
13-04-2017

Tropical Cyclone Debbie insured losses reach A$660m
11-04-2017

Insured losses from Cyclone Debbie rise to A$410m: ICA
06-04-2017

Cyclone Debbie insured losses reach A$306m so far: ICA
04-04-2017

Reinsurance to cover Cyclone Debbie cost for Australian Suncorp
27-03-2017

Cyclone Debbie costs could reach ‘hundreds of millions of dollars’

More on this story

Other related

More on this story

Sign up for the newsletter