Biggest insurance payouts are not for massive bush fires because they happen in places with not much private property. Biggest payout in recent times was when Sydney was hut with hail the size of golf balls. Biggest payout ever, for reinsurance companies, who place Australia in South Asia Pacific, was the earthquake in Christchurch NZ. This caused premium increases here.
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- Adani group: How one billionaire could keep three countries hooked on coal for decades groundswellbasscoast.com/2019/08/19/ada… 14 hours ago
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