ICA tally for losses on Sydney flooding reaches A$97.9mn
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

ICA tally for losses on Sydney flooding reaches A$97.9mn

flood, general.jpg

The Insurance Council of Australia (ICA) has said insurers have now received 8,415 claims for damage caused by flooding it Sydney this month.

Estimated insured losses at this stage stand at A$97.9mn ($66.7mn).

Of the claims, 84% are for damage to property, 14% for motor and 2% for commercial buildings, the ICA said.

The

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article