Oswald costs Suncorp and IAG A$340mn
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Oswald costs Suncorp and IAG A$340mn

Ex-tropical cyclone Oswald looks set to inflict net losses totalling A$320mn-A$360mn on Australian heavyweights Suncorp and IAG.

Suncorp said last week that it was now budgeting for a net loss of A$200mn to A$220mn from the flooding Oswald...

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