ICA: Australian carriers 2019-2020 natcat payouts reach A$3.85bn
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ICA: Australian carriers 2019-2020 natcat payouts reach A$3.85bn

Primary carriers have paid A$3.85bn ($2.8bn) in claims related to bushfires, floods and hailstorms despite a “dramatic curtailing” of resources due to the Covid pandemic, the Insurance Council of Australia (ICA) reported today.

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