Australian hailstorms declared catastrophe as losses hit $168mn: ICA
Hailstorms that struck eastern Melbourne, the Australian Capital Territory (ACT) and New South Wales over the last two days have now been classed as a catastrophe by the Insurance Council of Australia, with the loss estimate reaching A$320mn ($168.2mn).
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