Loss Announcement:

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Zurich - 31 Jan 2019

PERILS discloses initial property loss estimate for the December 2018 Sydney Hailstorms of AUD 635m

PERILS has today disclosed its initial estimate of the insured property market loss of AUD 635m for the convective storm systems which affected the greater Sydney region on 20 December 2018 and south-eastern Queensland the following two days. Subscribers to the PERILS Industry Exposure & Loss Database find more information on the event under the “Industry Loss” section in the PERILS Portal.