A$5bn cat losses to pressure Australian market: APRA chair
While Australia is “well-placed” to cover the circa A$5bn ($3.32bn) insured losses stemming from extreme weather in the country since November, the disasters will “undoubtedly” affect price and availability of insurance going forward, according to the country’s regulator.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below