Perils puts latest February Australia floods estimate at A$4.9bn
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Perils puts latest February Australia floods estimate at A$4.9bn

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Perils has upped its loss estimate for the February floods in eastern Australia by almost A$1bn ($700mn) to A$4.9bn.

The second loss estimate by the loss aggregator marks an increase from an initial figure of A$4bn disclosed in April.

The

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