Storm Australian Severe Weather Forum

Storm News and Media Headlines => Storm News and Media Headlines => Topic started by: Guest on 03 February 2011, 10:00:20 AM

Title: Australian Re-insurers carry major cost of cyclone damage
Post by: Guest on 03 February 2011, 10:00:20 AM

Re-insurers carry major cost of cyclone damage


Queensland-based insurer, Suncorp, says its re-insurance arrangements means the money it will pay out for Cyclone Yasi claims will be capped at $10 million.


http://www.abc.net.au/news/stories/2011/02/02/3128097.htm