Perils increases Australian Christmas storm loss to A$1.6bn
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Perils increases Australian Christmas storm loss to A$1.6bn

The estimate is up from A$1.5bn, published by Perils in April.

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Perils has updated its industry-loss estimate for the Australian Christmas storms at A$1.6bn ($1.07bn).

Perils’ third loss estimate, covering the property and motor-hull lines of business, is up from its previous estimate of A$1.5bn,

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