Swiss-based nat cat researcher PERILS upped its estimate for Eastern Australian flood damage over an extended three-week period of February and March by 23% to A$4.895 billion ($3.51 billion) as a host of claims difficulties blurred the view and runaway inflation continues to increase the count.
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PERILS, Nat Cat, Estimate, Flood Damage, Inflation, Australia, APAC, Insurance, Reinsurance