Perils pegs insured loss for Australian Christmas storm at A$1.4bn
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Perils pegs insured loss for Australian Christmas storm at A$1.4bn

There were 10 fatalities, mostly due to drowning or tree fall accidents.

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Zurich cityscape

Perils has pegged its initial industry-loss estimate for the Australian Christmas storms at A$1.4bn ($908mn).

The loss estimate covers the property and motor hull lines of business.

Between

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