The Australian insurance sector is in good shape to pay out claims following an estimated A$5bn ($3.3bn) of large weather and bushfire losses since November, the Australian Prudential Regulation Authority (APRA) chairman told lawmakers last week.
The Australian insurance sector is in good shape to pay out claims following an estimated A$5bn ($3.3bn) of large weather and bushfire losses since November, the Australian Prudential Regulation Authority (APRA) chairman told lawmakers last week.