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Insured losses from TC Jasper and recent storms to exceed $743 million
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Insured losses from TC Jasper and recent storms are expected to exceed $743 million, with Queensland, New South Wales, and Victoria declared a 'Significant Event'. Suncorp has reportedly dealt with nearly 28,000 insurance claims across these areas.
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How will the declaration of a 'Significant Event' affect insurance premiums in these areas?
What are the potential long-term effects of these insured losses on the economy?
What measures are being taken to mitigate the impact of these insured losses?
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