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Losses Asia Pacific Australia

Catastrophe declared after Melbourne hailstorm

  • News

THE hailstorm that struck Melbourne on Christmas Day has formally been declared a catastrophe, the eighth of 2011, a move which Insurance Council of Australia CEO Rob Whelan said would mean the launching of an insurance taskforce, with the Australian Prudential Regulatory Authority monitoring the industry’s response.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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