PoolCorp: Cyclone Reinsurance Pool faces A$1.7bn loss from Alfred

Australian Reinsurance Pool Corporation (ARPC) today provided preliminary loss estimates on ex-Tropical Cyclone Alfred, with initial modelling indicating that total losses covered by the Cyclone Reinsurance Pool are approximately A$1.7 billion. The ARPC noted that this estimate is likely to change as further assessments are conducted and more claims data becomes available. If losses for [...] The post Cyclone Reinsurance Pool faces A$1.7bn loss from Alfred appeared first on ReinsuranceNe.ws.