Loss Announcement:

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Zurich - 15 Mar 2019

PERILS discloses initial property loss estimate for the February 2019 Townsville Flood of AUD 957m

PERILS has today disclosed its initial estimate of the insured property market loss of AUD 957m for the flood event which affected northern Queensland, and in particular the city of Townsville, between 26 January and 10 February 2019. Subscribers to the PERILS Industry Exposure & Loss Database find more information on the event under the “Industry Loss” section in the PERILS Portal.