Reinsurance in Australia, Key Trends and Opportunities to 2017 - New Market Study Published
During 2011-2012, the Australian reinsurance segment recorded an increase in reinsurance rates due to the catastrophic events that occurred during 2010-2011. Australia was affected by eight large-scale natural disasters in 2010: five floods, a tropical cyclone and two major storms. The worst of these were the Queensland floods that occurred in December 2010. Other regions affected by floods in 2010 were New South Wales, Victoria, South Australia and Western Australia. Again in February 2011, Northern Queensland was affected by Cyclone...
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