Insured Losses from Sydney Hailstorms Estimated at A$635M (US$457.5M): PERILS

Initial insured property losses for December’s hailstorms in Sydney are estimated at A$635 million (US$457.5 million), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. The hailstorms affected the greater Sydney region on Dec. 20, 2018, …

from News – Insurance Journal